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Gold pulls back near $4,610 as Iran rhetoric softens, Fed cut bets fade
Gold prices retreat on Thursday amid a de-escalation of US President Donald Trump’s rhetoric over Iran. Also, solid jobs data in the US prompted investors to trim Federal Reserve (Fed) rate cut bets. At the time of writing, XAU/USD trades at $4,609.
Fxstreet
Thu, Jan 15
Silver price pulls back from record high as safe-haven demand wanes
Silver (XAG/USD) trades around $91.70 per ounce on Thursday at the time of writing, down 1.70% on the day, after having reached a new all-time high close to $94 earlier in the day. The white metal is correcting from recent record levels amid profit-taking and a partial retreat in safe-haven demand.
Fxstreet
Thu, Jan 15
WTI Oil retreats on easing Iran tensions, Venezuela exports
West Texas Intermediate (WTI) US Oil retreats for a second consecutive day and trades around $59.20 per barrel on Thursday at the time of writing, down 1.60% on the day. Crude Oil prices remain under pressure as concerns about a potential US military action against Iran gradually fade.Gold remains supported near record highs amid Fed and geopolitical uncertainty
Gold (XAU/USD) holds firm above the $4,600 psychological mark on Thursday after coming under modest pressure earlier in the day, as traders book mild profits following Wednesday’s surge to a fresh record peak near $4,643.Fxstreet
Thu, Jan 15
WTI retreats toward $60.00 as fears of a US military strike on Iran ease
West Texas Intermediate (WTI) Oil price lost its daily gains and is extending its losses for the second successive session, trading around $60.10 per troy ounce during the early European hours on Thursday. Crude Oil prices remain subdued amid easing fears of an imminent US military strike on Iran.WTI posts modest gains above $60.00 as traders assess Iran protests
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.35 during the Asian trading hours on Thursday. The WTI price edges higher amid persistent tensions in Iran. Traders will closely monitor the latest geopolitical developments surrounding the Iranian civil unrest.Gold Price Forecast: XAU/USD climbs above $4,600 as geopolitical tensions escalate
Gold price (XAU/USD) climbs to near $4,615 and is set to retest a record high during the early Asian session on Thursday. The precious metal extends its upside as traders flock to safe havens amid geopolitical and economic uncertainties.Fxstreet
Thu, Jan 15
Silver Price Forecast: XAG/USD surges to $93.50 record, $100 in sight
Silver prices skyrocket toa new record high after bouncing off a daily low of $86.91, hitting a new all-time high at $93.50 and it seems poised to clear the $100.00 barrier in the near term. At the time of writing, XAG/USD trades at $93.05, soaring over 7%.Fxstreet
Wed, Jan 14
Gold rallies above $4,600 amid US Dollar weakness and Iran tensions
Gold (XAU/USD) makes a U-turn and registers solid gains on Wednesday, sponsored by broad US Dollar weakness, even though the latest inflation data cemented the case for the Federal Reserve (Fed) to hold rates unchanged in January. XAU/USD trades at $4,615, up 0.65%.Fxstreet
Wed, Jan 14
Gold holds near record highs amid economic and geopolitical uncertainties
Gold (XAU/USD) regains a positive footing on Wednesday after a shallow pullback from record highs the previous day, as lingering economic and geopolitical uncertainties continue to underpin safe-haven demand.Fxstreet
Wed, Jan 14
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