Analysis

Gold is rising as markets digest disappointing Nvidia earnings, now a macro event given the company’s size and importance.  

Investing.com-- Gold prices rose in Asian trade on Thursday, staying close to record highs as a rebound in the dollar cooled ahead of key inflation data that is likely to factor into the outlook for interest rate cuts.

Silver price (XAG/USD) edges higher to near $29.45 during the early European session on Thursday. The ongoing geopolitical tensions in the Middle East and weaker US Dollar (USD) amid the Federal Reserve (Fed) rate cut expectation provide some support to the white metal. 

Gold drops 0.70% to $2,504 as US Dollar strengthens and Treasury yields rise following Powell's dovish policy comments.

Gold (XAU/USD) exchanges hands just above $2,500 on Wednesday after sliding lower due to a rebound in the US Dollar (USD).

Silver's price consolidated for the second straight day, within the $29.70-$30.10 area on Tuesday, yet printed gains of 0.24%.

Gold (XAU/USD) trades marginally lower in the $2,510s on Tuesday as tensions in the Middle East dissipate, reducing haven demand for the yellow metal.

Silver price (XAG/USD) hovers around $29.90 per troy ounce during the Asian session on Monday.

Investing.com-- Gold prices fell in Asian trade on Tuesday amid some pressure from a rebound in the dollar, although the prospect of lower interest rates a

Gold extended its gains on Monday amid increasing bets that the US Federal Reserve (Fed) will begin to ease policy in September.

Investing.com-- Gold prices fell slightly in Asian trade on Monday, but remained in sight of record highs last week as the prospect of lower U.S. interest

The Gold price (XAU/USD) holds positive ground above the $2,500 psychological support on Monday.

Gold prices jump over 1% after Fed Chair Powell hints at upcoming rate cuts, expressing confidence in inflation nearing the 2% target.

Gold prices rose in Asian trade on Friday but were nursing a tumble from record highs in the prior session as caution before an address by Federal Reserve

Gold price (XAU/USD) fell more than 1% on Thursday as bulls opted to take some profits off the table amid a goodish rebound in the US Treasury bond yields

Silver price (XAG/USD) price moves above $29.00 per troy ounce during Friday’s Asian hours. Non-yielding Silver prices gain ground ahead of the US Federal

Fed Minutes hint at potential rate cut in September, but stronger US Dollar pressures Gold lower.

In August 2024, gold prices reached record highs, surpassing $2,500. Despite this, UBS analysts believe the gold market is not overvalued. 

Silver price (XAG/USD) price edges lower to near $29.50 per troy ounce during the European hours on Thursday.

Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and reverses a major part of the previous day's positive move.