Silver price advances as safe-haven demand increases due to fears surrounding the global economic uncertainties.Citigroup expects that the Fed will implement 25 basis point rate cuts in September, October, and December.Trump Administration officials are set to meet with Chinese counterparts in London on Monday.Silver price (XAG/USD) extends its winning streak ... Read More
Labor Market Data Dampens Rate Cut Prospects Friday’s U.S. Nonfarm Payrolls report offered a nuanced picture of economic strength. The U.S. economy added 139,000 jobs in May—surpassing the 130,000 forecast—though down from April’s revised figure. The unemployment rate remained steady at 4.2%, while average hourly earnings increased by 3.9% year-over-year, ... Read More
Gold August future contracts on MCX fell for the third consecutive session on Monday, slipping by nearly Rs 2,900/10 grams amid strong profit booking. The yellow metal hit a multi-month high last week. The same opened lower by Rs 703 or 0.72% at Rs 96,333/10 grams.Meanwhile, silver July futures contracts ... Read More
Gold prices remained broadly unchanged in Pakistan on Monday, according to data compiled by FXStreet. The price for Gold stood at 30,058.13 Pakistani Rupees (PKR) per gram, broadly stable compared with the PKR 30,032.64 it cost on Friday. The price for Gold was broadly steady at PKR 350,592.20 per tola ... Read More
Gold prices remained broadly unchanged in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 9,122.12 Indian Rupees (INR) per gram, broadly stable compared with the INR 9,119.14 it cost on Friday. The price for Gold was broadly steady at INR 106,398.60 per tola ... Read More
Gold price prediction: Last week, Gold climbed to a near four-week high, while silver surged past ₹1 lakh on the domestic front. (AI image) Gold price prediction today: Gold rates have seen major fluctuations over the last few weeks, ever since the yellow metal prices hit a lifetime high. Gold ... Read More
Silver price gains momentum to near $36.00 in Monday’s early early MondayInvestors look to broaden their exposure to safe-haven assets beyond gold, supporting the Silver price. The stronger US May employment report might lift the USD and cap the white metal’s upside. The Silver (XAG/USD) price trades in positive territory ... Read More
Gold price extends losing streak into early Monday, awaits US-China trade talks.The US Dollar reverses Nonfarm Payrolls-led gains, bracing for May CPI inflation.Gold price turns south after facing rejection at the key daily resistance at $3,377.Gold buyers stay hopeful until the 21-day SMA and RSI midline are defended.Gold price is ... Read More
Gold failed to stabilize above $3,400 following a bullish start to the week.May inflation data from the US and trade headlines could continue to drive XAU/USD action.The technical outlook fails to provide a direction clue in the near term.Gold (XAU/USD) started the week on a strong footing but failed to ... Read More
Gold price trades flat around $3,310 in Monday’s early Asian session. US NFP increased by 139,000 in May, more than expected; Unemployment Rate held steady at 4.2%. The US-China trade talks will be the highlight later on Monday.The Gold price (XAU/USD ) trades on a flat note near $3,310 during ... Read More