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Gold steadies as easing geopolitical tensions and firm US Dollar cap gains
Gold (XAU/USD) trades firmer on Wednesday after sliding to its lowest level in nearly two weeks at $4,842 the previous day, as dip buyers stepped in to limit the downside and keep the pullback relatively shallow. At the time of writing, XAU/USD is trading around $4,915, up nearly 0.75% on the day.Fxstreet
Wed, Feb 18
Silver Price Forecast: XAG/USD rises further to near $76.30 ahead of FOMC minutes
Silver price (XAG/USD) extends its early advance to near $76.30 during the European trading session on Wednesday. The white metal trades firmly ahead of the release of the Federal Open Market Committee (FOMC) minutes of the January policy meeting at 19:00 GMT.Fxstreet
Wed, Feb 18
WTI Oil ticks up to the $62.50 as doubts about a US-Iran deal arise
Crude Oil prices are trimming some of Tuesday’s losses on Wednesday, reaching session highs near $62.50 per barrel, after bouncing from two-week lows at $61,76. Investors are starting to reassess the chances of a US-Iran deal after the second round of conversations ended without any tangible advanceGold declines to near $4,850 as low liquidity, easing tensions weigh on demand
Gold price (XAU/USD) attracts some sellers to around $4,860 during the early Asian trading hours on Wednesday. The precious metal falls amid thin holiday trading, with much of Asia closed for the Lunar New Year.Fxstreet
Wed, Feb 18
Gold plunges over 3% as US-Iran talks boost USD demand
Gold (XAU/USD) price dives more than 3% on Tuesday as the Greenback rebounds amid Washington-Tehran talks that, according to a senior White House official quoted by Axios, are showing signs of progress. At the time of writing, XAU/USD trades at $4,869 after reaching a daily high of $5,000.Fxstreet
Tue, Feb 17
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