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Gold retakes $4,500 as Israel–Hezbollah ceasefire caps USD; not out of the woods yet

Gold (XAU/USD) edges higher during the Asian session on Tuesday, though it lacks bullish conviction and currently trades just above the $4,500 psychological mark.

Fxstreet

an hour ago

India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Tuesday, according to data compiled by FXStreet.

Fxstreet

an hour ago

Silver Price Forecast: XAG/USD tests 23.6% Fibo. near $75.75 amid mixed setup

Silver (XAG/USD) attracts some buyers during the Asian session on Tuesday and currently trades around the $75.70-$75.75 zone, up over 1% for the day. The white metal, however, remains confined in a multi-day-old range, warranting some caution for aggressive bullish traders.

Fxstreet

4 hours ago

Crude Oil jumps as Tehran walks and Washington waves it off

Crude Oil spent all of May bleeding out a war premium on the assumption that a US-Iran deal was a formality, and on Monday the market got a blunt reminder that nobody actually signed anything.

Fxstreet

10 hours ago

Gold slides amid fragile US-Iran ceasefire that jolts US Dollar, Oil

Gold price retreats by more than 1% on Monday as the market mood shifts to neutral amid developments in the Middle East that threaten to end the ceasefire between the US and Iran. The XAU/USD trades at $4,490 after reaching a daily high of $4,546.

Fxstreet

11 hours ago

Oil: Deep summer deficits even with Hormuz deal – TD Securities

TD Securities’ Senior Commodity Strategist Ryan McKay argues that Oil fundamentals will tighten materially even if a comprehensive deal fully reopens the Strait of Hormuz.

Fxstreet

15 hours ago

Silver price declines as US-Iran talks suspension boosts Dollar haven appeal

Silver (XAG/USD) trades lower around $74.60 per troy ounce on Monday at the time of writing, down 0.92% on the day.

Fxstreet

16 hours ago

Gold: Macro headwinds cap CTA upside – TD Securities

TD Securities’ Ryan McKay and Bart Melek note that Gold has lagged the broader commodity basket, especially Oil and base metals, as geopolitical tensions between the US and Iran persist without a deal.

Fxstreet

16 hours ago

Gold starts week under pressure as US-Iran stalemate and strong Dollar cap XAU/USD

Gold (XAU/USD) kicks off the week with a negative bias as slow progress toward a US-Iran ceasefire extension deal and fresh attacks in the Middle East keep buyers cautious. At the time of writing, XAU/USD is trading around $4,500 after hitting a two-week high near $4,595 on Friday.

Fxstreet

17 hours ago

Gold Price Forecast: XAU/USD dives to $4,500 amid simmering tensions in Iran

Gold (XAU/USD) trades lower on Monday, reverting Friday’s gains and returning to the $4,500 atrea following rejection at the $4,590 resistance area.

Fxstreet

19 hours ago

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $75.95 per troy ounce, up 0.89% from the $75.28 it cost on Friday.

Fxstreet

20 hours ago

WTI Oil returns above $89.00 as tensions in the Middle East rise

Crude prices are trading higher on Monday, with the barrel of the US benchmark West Texas Intermediate (WTI) changing hands at $89.40 at the time of writing, nearly $3 higher than last week’s closing price.

Fxstreet

22 hours ago

Oil: Hormuz disruption keeps market strained – Societe Generale

Societe Generale’s Michael Haigh and Jeremy Sellem argue that the proposed U.S–Iran ceasefire framework would only gradually restore flows through the Strait of Hormuz, keeping Oil markets tight.

Fxstreet

22 hours ago

Silver Price Forecast: XAG/USD rises to near $75.70 on US-Iran deal hopes

Silver price (XAG/USD) is up 0.5% to near $75.75 during the European trading session on Monday. The white metal trades higher amid hopes that the United States (US) and Iran will reach a permanent peace deal soon.

Fxstreet

23 hours ago

WTI US Oil Price Forecast: Rises to near $88.50 as Kuwait under attack, uptrend remains intact

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.45 during the early European trading hours on Monday. WTI price attracts some buyers following the Kuwaiti military reports of a missile and drone attack.

Fxstreet

Mon, Jun 1

India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Monday, according to data compiled by FXStreet.

Fxstreet

Mon, Jun 1

Kuwaiti military reports missile and drone attack

Kuwait's armed forces said that the country's air defense systems were intercepting hostile missile and drone attacks after air raid sirens sounded and emergency alerts were issued nationwide, the Guardian reported on Monday.

Fxstreet

Mon, Jun 1

Gold holds below two-week top as Iran risks and hawkish Fed bets underpin USD

Gold (XAU/USD) kicks off the new week on a subdued note and remains on the back foot below a two-week top, around the $4,600 neighborhood, touched on Friday.

Fxstreet

Mon, Jun 1

Gold drifts lower as stalled US-Iran talks, hawkish Fed outlook pressure prices

Gold price (XAU/USD) declines to near $4,535, snapping the two-day winning streak during the early Asian session on Monday.

Fxstreet

Mon, Jun 1

Silver Price Forecast: Consolidates near $75.50, as bears eye 200-day SMA

Silver price retreats by 0.16% during the session, consolidating around the $75.00-$76.00 area, virtually unchanged, near the 50-day Simple Moving Average (SMA) at $75.70.

Fxstreet

Fri, May 29

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