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Gold rockets to $4,988 as USD crashes on Yen intervention rumors
Gold (XAU/USD) surges during the North American session on Friday, up by over 1% as the US Dollar (USD) gets smashed on intervention rumors to propel the Japanese Yen (JPY) in the FX markets, amid an improvement in risk appetite that pushed the yellow metal to fresh all-time highs at $4,988.
Fxstreet
Fri, Jan 23
Silver Price Forecast: Record all-time high above $100.00
Silver prices had reached the $100.00 milestone, recording an all-time high of $100.33, before retreating towards the triple digit figure. On Friday, the grey metal post gains of close to 4% after bouncing off daily lows of $96.14.
Fxstreet
Fri, Jan 23
Gold pauses near record highs as bulls struggle below $5,000
Gold (XAU/USD) eases modestly on Friday as mild profit-taking sets in following a surge to a fresh record high near $4,967 earlier in the Asian session. XAU/USD hovers around $4,930 at the time of writing and is set for a third straight weekly advance.Fxstreet
Fri, Jan 23
WTI edges higher above $59.50 as US Dollar weakness offsets supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.85 during the early European trading hours on Friday. The WTI price edges higher amid a weaker US Dollar (USD) and risk-on mood in wider markets.
Gold Price Forecast: XAU/USD jumps above $4,950 despite easing US-EU tensions
Gold price (XAU/USD) extends the rally to around $4,950 during the early Asian session on Friday. The precious metal gains momentum as geopolitical risk and threats to the US Federal Reserve’s (Fed) independence boost the safe-haven demand.Fxstreet
Fri, Jan 23
Gold hits record above $4,900 as rally extends despite risk-on mood
Gold (XAU/USD) surges for the fourth consecutive trading day on Thursday, hitting a fresh record high of $4,906, even as risk appetite improved and tensions between the US and Europe eased, following an agreement over Greenland. At the time of writing, XAU/USD trades at $4,903, up 1.60% in the day.Fxstreet
Thu, Jan 22
Silver Price Forecast: XAG/USD consolidates near record highs on easing US-EU tensions
Silver (XAG/USD) regains some ground on Thursday but lacks follow-through, consolidating near record highs as a modest improvement in risk sentiment tempers safe-haven flows. At the time of writing, XAG/USD is trading around $93.90, holding below the all-time high near $95.89 set on Tuesday.Fxstreet
Thu, Jan 22
Gold steadies above $4,800 as traders await key US economic data
Gold (XAU/USD) trims its intraday losses on Thursday as traders reposition ahead of a heavy slate of US economic data due later in the American session. At the time of writing, XAU/USD trades around $4,820, recovering after a short-lived pullback below the $4,800 psychological level.Fxstreet
Thu, Jan 22
Gold Price Forecast: XAU/USD stands above $4,800 despite higher risk appetite
Gold (XAU/USD) pulled back from record highs a handful of dollars below $,4,900, following US President Trump’s softer tone at the Davos Forum, but the precious metal remains steady above $4,800, which shows that demand for safe assets remains steady.Fxstreet
Thu, Jan 22
WTI price steadies above $60.50 as geopolitical relief offsets oversupply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.60 during the early European trading hours on Thursday. The WTI price holds steady amid cooling geopolitical tensions over Greenland and oversupply concerns.Featured Tools
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