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Silver Price Analysis: XAG/USD drop as double-top chart pattern remains intact

Silver prices retreated on Tuesday and fell 1.65% as the Greenback remained in the driver’s seat and posted gains of 0.15%, ahead of crucial data to be revealed on Wednesday.

Fxstreet

Jun 11, 2024

Crude Oil at risk of snapping recovery streak as markets head towards Wednesday’s Fed showing

West Texas Intermediate (WTI) US Crude Oil failed to extend an ongoing recovery on the back of renewed hopes of a global supply drawdown.

Fxstreet

Jun 11, 2024

United States API Weekly Crude Oil Stock came in at -2.428M, below expectations (-1.75M) in June 7

United States API Weekly Crude Oil Stock came in at -2.428M, below expectations (-1.75M) in June 7

Fxstreet

Jun 11, 2024

Gold prices steady ahead of crucial US inflation, Fed’s decision

Gold prices advanced for the second straight day amid a stronger US Dollar, yet it remains near familiar levels as traders brace for the release of crucial data from the United States (US).

Fxstreet

Jun 11, 2024

Copper price faces pressure amid lower Chinese demand – TDS

Industrial metals are melting lower amid concerns around Chinese demand, analysts at TD Securities noted.

Fxstreet

Jun 11, 2024

Gold shows strength despite Fed uncertainty – TDS

Gold (XAU/USD) prices show resilience amid China halting its purchasing program and the Federal Reserve uncertainty, analysts at TD Securities note.

Fxstreet

Jun 11, 2024

WTI tumbles to near $77.00 amid uncertainty ahead of China/US CPI, Fed’s outcome

West Texas Intermediate (WTI), futures on NYMEX, declines to near $77.00 in Tuesday’s New York session.

Fxstreet

Jun 11, 2024

Gold continues bearish tone on outlook for US interest rates

Gold (XAU/USD) trades a quarter of a percent lower on Tuesday after being rejected by key support-turned-resistance at $2,315 late Monday.

Fxstreet

Jun 11, 2024

Natural Gas rallies as Europe discusses keeping Russian flows via Ukraine

Natural Gas price (XNG/USD) trades higher on Tuesday, nearing a fresh yearly high, as Europe discusses ways of keeping flows via Ukraine alive next year and amid increasing supply from Norway.

Fxstreet

Jun 11, 2024

Silver price today: Silver drops, according to FXStreet data

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.

Fxstreet

Jun 11, 2024

Gold pauses after US-data inspired sell-off

Gold (XAU/USD) price takes a breather in the European session on Monday after sliding almost three and a half percentage points on Friday after the release of better-than-expected US Nonfarm Payrolls (NFP) data.

Fxstreet

Jun 10, 2024

Oil recovery proves short-lived as market uncertainty limits demand pickup

Oil prices look bleak on Monday, with the West Texas Intermediate (WTI) benchmark trading broadly steady, after elections in the European Union showed an advance from far-right parties.

Fxstreet

Jun 10, 2024

Silver price today: Silver recovers, according to FXStreet data

Silver prices (XAG/USD) rose on Monday, according to FXStreet data.

Fxstreet

Jun 10, 2024

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

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

Fxstreet

Jun 10, 2024

Silver Price Forecast: XAG/USD hovers around $29.50 after rebounding from three-week lows

Silver price recovers the previous session's losses, trading around $29.50 per troy ounce during Monday's Asian hours.

Fxstreet

Jun 10, 2024

Gold price consolidates below $2,300 mark, seems vulnerable to weaken further

Gold price (XAU/USD) kicks off the new week on a subdued note and consolidates near its lowest level in over a month, below the $2,300 mark touched in the aftermath of blowout US monthly jobs data.

Fxstreet

Jun 10, 2024

WTI rebounds to near $75.50 due to expectations of Fed rate cuts

West Texas Intermediate (WTI) Oil price recovers the previous session's losses, trading around $75.30 per barrel during Monday's Asian trading hours.

Fxstreet

Jun 10, 2024

China’s PBOC halts gold purchases in May after 18 months of buying

The People's Bank of China (PBOC) paused gold purchases to its reserves in May, ending a massive buying spree that ran for 18 months, according to Bloomberg.

Fxstreet

Jun 10, 2024

Gold Price Forecast: XAU/USD holds below $2,300 as China stops buying gold, US Dollar rebounds

Gold price (XAU/USD) trims losses near $2,295 despite the stronger US Dollar (USD) on Monday during the early Asian session.

Fxstreet

Jun 10, 2024

Gold price tanks to four-week low on hot US NFP report

Gold prices plummeted to a four-week low after the US Bureau of Labor Statistics (BLS) revealed that the labor market remained strong, and China halted its purchase of the golden metal.

Fxstreet

Jun 7, 2024

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