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Silver Price Forecast: XAG/USD bears have the upper hand near three-week low, $30.00 holds the key
Silver (XAG/USD) struggles to capitalize on the overnight bounce from the vicinity of the $30.00 psychological mark, or a three-week low and trades with a negative bias for the third successive day on Wednesday.
Fxstreet
Wed, Oct 9
Crude Oil faces profit-taking after Israel’s response remains muted
Crude Oil abruptly halts its recent rally on Tuesday, with China reopening and returning to markets after the Golden Week festivity. A nosedive move in the Chinese Hang Seng equity index, by nearly 10% at its closing bell, sparked global concerns aboutFxstreet
Tue, Oct 8
Silver Price Analysis: XAG/USD seems vulnerable, break below $31.00 awaited
Silver (XAG/USD) extends its retracement slide from the vicinity of the $33.00 mark, or the highest level since December 2012 touched last week and remains under heavy selling pressure for the second straight day on Tuesday.Fxstreet
Tue, Oct 8
Gold price slips as US yields rise on risk-off mood
Gold price edges down during Monday’s North American session, yet it remains within the $2,630 - $2,659 range as US Treasury bond yields capped the yellow metal advance, while the escalation of the Middle East conflict keeps the precious metal from falling further.Fxstreet
Mon, Oct 7
Gold: Evidence of reflationary trends continues to mount – TDS
Since the last FOMC decision, equity indices remain near their highs, credit spreads at their tights, Gold prices near all-time-highs and yet long-end yields have risen alongside commodities markets, TDS macro analyst Daniel Ghali notes.Fxstreet
Mon, Oct 7
Crude Oil rallies after Biden administration says no to bombing Iranian oil fields
Crude Oil is sprinting higher on Monday after Israel got a red light on its request to bomb Iranian oil fields. United States (US) President Joe Biden said on Friday that it was under consideration, suggesting that other targets should be looked for instead.Fxstreet
Mon, Oct 7
