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Silver price falls as Fed tightening bets, US-Iran talks curb safe-haven demand
Silver (XAG/USD) extends its decline on Wednesday, trading around $65.20 at the time of writing, down 2.80% on the day. The white metal retreats further from the $68.00 area as a stronger US Dollar (USD) and a hawkish repricing of the US interest rate outlook weigh on precious metals.
Fxstreet
Wed, Sep 23
Gold falls as Fed rate hike bets lift US Dollar to two-month high
Gold (XAU/USD) trades on the back foot on Wednesday as expectations of further Federal Reserve (Fed) rate hikes lift the US Dollar (USD) and weigh on the non-yielding metal. At the time of writing, XAU/USD trades around $4,315, down 1.0% on the day.
Fxstreet
Wed, Sep 23
WTI Oil hovers at two-week lows near $89.00 awaiting Middle East developments
Oil prices maintain their negative trend on Wednesday, with the price of the US benchmark West Texas Intermediate (WTI) barrel flatlining at the $89.00 area, its lowest level in nearly three weeks and 13% below last week’s highs.
Gold losses altitude as peace hopes meet hawkish Fed bets
Gold (XAU/USD) price retreats from daily highs of $4,376 on Tuesday as US Treasury yields rise and the US Dollar continues to strengthen, with investors pricing in further Federal Reserve (Fed) tightening towards year-end. At the time of writing, XAU/USD trades at $4,337, down 0.14%.Fxstreet
Tue, Sep 22
WTI extends decline as Trump signals progress in talks with Iran
West Texas Intermediate (WTI) Oil extends its decline on Tuesday as traders assess fresh Middle East developments, keeping energy prices under pressure for a fifth straight day. At the time of writing, WTI trades around $89.50, near a two-week low.
Gold steadies on Iran diplomacy hopes, Fed outlook caps upside
Gold (XAU/USD) halts its intraday decline on Tuesday as traders weigh fresh Middle East headlines while the broader geopolitical backdrop remains tense. At the time of writing, XAU/USD trades around $4,315, after bouncing from a low of $4,291 during European trading hours.Gold Price Forecast: XAU/USD approaches $4,300 after rejection at the $4,400 area
Gold (XAU/USD) trades lower for the second consecutive day on Tuesday, extending its decline to levels below $4,320 during the European session, as the recovery attempt from last week’s low was capped at $4,400.Fxstreet
Tue, Sep 22
Iran offers to reopen Hormuz Strait within 7 days – Kyodo News
According to a report from Kyodo news, a senior Iranian official has said that Iran will reopen the Strait of Hormuz, a critical chokepoint to almost 20% of global energy supply, within seven days if the United States (US) takes initial steps toward easing military pressure.Fxstreet
Tue, Sep 22
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