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Silver Price Forecast: XAG/USD trades cautiously below $80 ahead of Warsh’s confirmation hearing
Silver price (XAG/USD) trades almost 1% lower at around $79.00 during the European trading session on Tuesday. The white metal faces selling pressure ahead of the confirmation hearing of United States (US) President Donald Trump’s nominee, Kevin Warsh, for the Federal Reserve’s (Fed) next chairman.
Fxstreet
Tue, Apr 21
US President Donald Trump claims Iranian nuclear sites turned to dust
US President Donald Trump said that operation Midnight Hammer was a complete and total obliteration of the nuclear dust sites in Iran, Reuters reported on Tuesday. Trump further stated that “digging it out will be a long and difficult process.”US Vice President JD Vance will travel to Pakistan for ceasefire talks
US President Donald Trump said he’s not likely to extend the two-week ceasefire with Iran, increasing the urgency for negotiators to reach a deal to end the war. Trump reiterated that the Strait of Hormuz would stay blockaded for now until a deal is signed.Silver Price Forecast: XAG/USD consolidates around $79.50 amid cloud over US-Iran talks
Silver (XAG/USD) extends its sideways consolidative price move for the second consecutive day and trades around mid-$79.00s during the Asian session on Tuesday. Traders seem reluctant amid uncertainty over further US-Iran peace talks before the fast-approaching ceasefire expiration on Wednesday.Fxstreet
Tue, Apr 21
Gold slips toward $4,800 as Iran tensions lift yields and Oil
Gold (XAU/USD) price begins the week on a lower note as risk appetite deteriorated amid the US-Iran conflict escalating over the weekend, while steady US Treasury yields and a rally in Oil prices capped the yellow metal’s advance. At the time of writing, XAU/USD trades at $4,803, down 0.70%.Fxstreet
Mon, Apr 20
Brent: Volatile swings with Iran risk – Deutsche Bank
Deutsche Bank’s analysts highlight sharp Brent Oil volatility as Iran tensions and Strait of Hormuz disruptions drive price swings. They note Brent crude rebounded after a steep Friday selloff, but remains sensitive to ceasefire headlines and shipping probabilities.Fxstreet
Mon, Apr 20
WTI Oil holds around $87.00 as the US-Iran peace process teeters
Crude prices edged lower during Monday’s European trading session, with the US benchmark West Texas Intermediate (WTI) barrel changing hands at $86.85 at the time of writing. This is down from session highs at $88.50, but significantly above Friday’s lows, at $78.90.Featured Tools
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