Editors' Picks

Silver Price (XAG/USD) attracts some sellers to near $31.55 during the early Asian session on Monday.

Gold fell to a three-day low beneath $2,650 after the US Bureau of Economic Analysis (BEA) revealed that September inflation continued to evolve toward the Federal Reserve’s (Fed) goal.

Silver prices dropped on Friday, finishing the session down by more than 1% after hitting a yearly record high of $32.71 on September 26. Buyers' failure to cling to gains above $32.00 exacerbated the drop toward $31.60, but they held to weekly profits of over 1.50%.

Silver is likely to have benefited additionally from the extensive stimulus measures in China, which were announced this week and also caused the prices of base metals to rise sharply.

SINGAPORE (Reuters) -Oil prices eased for a third day on Friday and were on track to fall for the week as investors focused on expectations of increased output from Libya and the broader OPEC+ group, although fresh stimulus from top importer China limited losses.

Silver (XAG/USD) extends the overnight modest pullback from the $32.70 area, or its highest level since December 2012 and remains under some selling pressure during the Asian session on Friday.

Silver breaks to a new high for the year and a 12-year high for the precious metal overall. 

European gas demand is down 10% y-o-y due to weak demand from the power and heating sector, while industrial gas demand remains flat, Rabobank’s commodity analysts note.

Gold price remains steadily above $2,650 for the second straight session on Wednesdayas traders increased the odds for another big interest rate cut by the Federal Reserve (Fed) at the upcoming November meeting.

Silver consolidates near a multi-month peak touched earlier this Wednesday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.30 on Wednesday. WTI price edges higher amid the positive development surrounding Chinese stimulus measures and ongoing geopolitical tensions in the Middle East. 

Silver price retreats after hitting a two-month high of $31.43, falls over 1.50% and trades at $30.66 at the time of writing. Although US economic data was soft and US Treasury yields remained unchanged, the grey metal failed to gain traction on Monday.

Silver (XAG/USD) has broken tentatively above a key trendline in the $30s.

West Texas Intermediate (WTI) Oil price continues to gain ground, trading around $71.50 during the Asian hours on Monday.

The Gold price (XAU/USD) trades in negative territory around $2,620 but remains near the all-time high on Monday during the early Asian session.

Silver price (XAG/USD) extends its gains for the second successive day, trading around $31.10 per troy ounce on Friday. The non-yielding Silver receives support following the bumper 50 basis point rate cut by the US Federal Reserve (Fed) on Wednesday.

Gold price (XAU/USD) witnessed a modest pullback from the vicinity of the record high, around the $2,589-2,590 area touched the previous day, and ended in the red for the first time in the last four days on Tuesday.

Silver (XAG/USD) drifts lower during the Asian session on Wednesday and moves away from a one-month peak, around the $31.10 region touched earlier this week.

Gold prices surged to a new all-time high (ATH) of $2,586 and are set to extend their gains as the US Dollar weakens on Friday. Expectations for a bigger interest rate cut by the Federal Reserve (Fed) boosted the non-yielding metal, with talks that it could hit the $3,000 milestone.

Crude oil markets are under increasing downward pressure, with a breakdown in prices pointing to further weakness ahead.