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Gold rallies on hopes for US-Iran talks and falling US Treasury yields
Gold price (XAU/USD) gains nearly 2% on Wednesday as Oil futures prices tumbled amid growing speculation that the US and Iran would begin talks to end the conflict that started nearly four weeks ago. At the time of writing, XAU/USD trades at $4,556.
Fxstreet
Wed, Mar 25
Iran sees truce and talks as not viable in current conditions – Fars
Citing informed sources on the matter, Iran's Fars news agency reported on Wednesday that Tehran doesn't see truce and talks as viable in current conditions, despite the United States' increased efforts to establish a ceasefire and begin direct negotiations.
Silver Price Forecast: XAG/USD extends recovery above $74 amid optimism on Mideast ceasefire
Silver price (XAG/USD) extends its winning streak for the third trading day on Wednesday, trading over 2% around $73.00 during the European session. The white metal strengthens amid increased efforts from United States (US) President Donald Trump to end the war in the Middle East.Fxstreet
Wed, Mar 25
WTI Price Forecast: Flat lines below $88.00; 200-hour SMA breakdown remains in play
West Texas Intermediate (WTI) Crude Oil prices reverse an intraday fall to the $86.00 mark, back closer to the overnight swing low, though traders seem reluctant to place directional bets amid mixed geopolitical signals.Gold rallies to $4,600 as US-Iran ceasefire hopes ease rate hike fears
Gold (XAU/USD) builds on this week's solid recovery from a technically significant 200-day Simple Moving Average (SMA) near the $4,100 mark, or a four-month low, and climbs to the $4,600 mark during the Asian session on Wednesday.Fxstreet
Wed, Mar 25
Gold rebounds above $4,450 as Middle East tensions persist
Gold price (XAU/USD) recovers some lost ground to around $4,470 during the early Asian session on Wednesday. The precious metal edges higher following a period of extreme volatility, with the price falling to a four-month low near $4,100, its worst weekly performance since 1983.Fxstreet
Tue, Mar 24
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