XAU/USD Current price: $3,330.35Speculative interest welcomed softer-than-anticipated US inflation figures.US President Donald Trump claimed a trade deal with China is “done.”XAU/USD extends its consolidative phase, buyers willing to add on dips.Gold is in consolidative mode on Wednesday, hovering around the $3,300 level in the mid-American session. The XAU/USD pair peaked ... Read More
Gold Price Forecast
United States President Trump states that the US-China trade agreement is a "done deal", lifting risk sentiment.The US Consumer Price Index data for May misses expectations, with the focus shifting to the US Producer Price Index data on Thursday.Gold prices remain above $3,300, but recent US-China trade progress limits the ... Read More
Gold prices rise amid China-U.S. trade uncertainty and inflation worries: Will gold hit $3,400 soon?- Gold prices edged higher on Wednesday as traders navigated rising uncertainty around a new China-U.S. trade agreement and waited for the latest U.S. inflation data. Spot gold rose 0.2% to $3,329.70 an ounce by 07:10 ... Read More
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<a href="https://news.google.com/rss/articles/CBMinAFBVV95cUxNU3JnS2F6ekpvRE9vVmNRQTJSUDg2MnRQLVV3ODhmXzN0RFRUVUt6QnBuUWppQWlsSzZRUmkteUdoQ2VvVDZCcDNmS0pCcWlUc1ZzTGx2eGF5cTBKQjByRmxLLXVwTThRSDV1Qy0xT2RKaTRJN01tb3hYZE5wNFhJY0k1b3Q3a2w5dnBxOFhiZVlKcUc2Y190VHpFZmI?oc=5" target="_blank">Gold price higher following tame U.S. inflation data</a> <font color="#6f6f6f">KITCO</font> Source link ... Read More
CPI Data to Influence Fed Policy Expectations Traders are closely monitoring today’s U.S. consumer price index (CPI) report, scheduled for release at 1230 GMT. The data could clarify the Federal Reserve’s stance on interest rates. A softer CPI would increase the likelihood of rate cuts, which would typically support gold ... Read More
Gold posts moderate gains as the US Dollar retreats across the board.Investors are cautious of holding large US Dollar longs ahead of the US CPI release.XAU/USD is on a bearish correction from last week's high, at $3,400.Gold (XAU/USD) is trading higher on Wednesday following some hesitation on Tuesday. The sceptical ... Read More
<a href="https://news.google.com/rss/articles/CBMilgFBVV95cUxQQXhISmRoVXhVRnU0Z1BVN3U4UmNLY3Jta3NoUzAxZFZ1QkxjaWRxaUhJOXVETGw2YjlhSWVHc2dJXzZiUGlIeTJsX3BneVpkNEgyOG1sd0lWZXhBMG9acFgtekRVRXdmZHZIVXFMZ2ZYN2hQelZDeWo3bzZlcWtGVVEwcENhc0VjaG41SFoyUnpvNlR3eXc?oc=5" target="_blank">Gold Price Outlook: Short-Term Correction, Long-Term Bullish</a> <font color="#6f6f6f">NAI500</font> Source link ... Read More
Silver price oscillates in a limited range around $36.50 ahead of the US inflation data for May.Signs of accelerating inflationary pressures would discourage Fed officials from endorsing early interest rate cuts.US Lutnick signals that both Washington and Beijing would ease export restrictions.Silver price (XAG/USD) trades in a tight range around ... Read More
“Market participants are positioning around anticipated Federal Reserve rate cuts, which continue to underpin demand for non-yielding assets like gold,” said a senior commodities strategist at ANZ Research. Futures markets are pricing in a 66% probability of a rate cut by September, despite last week’s stronger-than-expected U.S. jobs report. Tariff ... Read More