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Silver Price Forecast: XAG/USD seems vulnerable; bears await acceptance below $80.00
Silver (XAG/USD) attracts heavy selling at the start of a new week and drops to a four-day trough during the Asian session. The white metal currently trades around mid-$80.00s, down 4% for the day, and seems vulnerable to slide further.
Fxstreet
Mon, Mar 9
Gold slumps to near $5,050 on oil-driven inflation fears, stronger US Dollar
Gold price (XAU/USD) falls to around $5,065 during the early Asian session on Monday, pressured by a stronger US Dollar (USD) and inflationary risks. Traders will closely monitor the developments surrounding the US-Iran conflicts and geopolitical risks in the Middle East.Fxstreet
Sun, Mar 8
Gold price surges after weak US payrolls shake US Dollar
Gold price (XAU/USD) rallies on Friday during the North American session, boosted by a weaker-than-expected US jobs report and a risk-off market mood amid the Middle East conflict. At the time of writing, XAU/USD trades near $5,140, up more than 1%.Fxstreet
Fri, Mar 6
Gold: Safe haven role reassessed on rate repricing – BNY
BNY’s Head of Markets Macro Strategy Bob Savage reports that Gold is set for its first weekly loss in five weeks as rate expectations shift toward hikes in Europe and fewer cuts from the FOMC. A stronger Dollar and use of Gold as a liquidity source weigh on prices.Fxstreet
Fri, Mar 6
Silver Price Forecast: XAG/USD trades broadly flat around $82.80 as investors await US NFP
Silver price (XAG/USD) trades broadly sideways around $82.80 during the European trading session on Friday. The white metal consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for February, which will be published at 13:30 GMT.Fxstreet
Fri, Mar 6
Qatar’s Kaabi: Oil prices could surge to $150 a barrel - FT
Qatar’s Energy Minister Saad al-Kaabi said in an interview with the Financial Times (FT) published on Friday that all Gulf energy producers to shut down exports within weeks amid the ongoing war in the Middle East, which involves the United States (US), Israel, and Iran.Fxstreet
Fri, Mar 6
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