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Silver Price Forecast: XAG/USD rallies to near $66.80 amid correction in oil prices, US yields
Silver price (XAG/USD) extends its upside on Friday, trading 2.26% higher at around 66.80 during the European session. The white metal strengthens due to correction in oil prices and United States (US) Treasury Yields.
Fxstreet
Fri, Sep 18
WTI Price Forecast: Consolidates below mid-$96.00s as Mideast jitters favor bulls
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on the overnight modest bounce from the $94.65 area, or the weekly low, and remains on the defensive during the Asian session on Friday.
Gold rebounds to near $4,350 on weaker US Dollar, falling oil prices
Gold price (XAU/USD) rises to near $4,345 during the early Asian session on Friday. The precious metal rebounds from a six-week low amid falling oil prices and a weaker US Dollar (USD). Traders continue to assess the latest Federal Reserve (Fed) rate hike and policy cues.Fxstreet
Thu, Sep 17
Silver Price Forecast: Bulls threaten bearish setup after Fed hike
Silver surges to five-day highs above $66.00 on Thursday as traders digest the Fed rate hike on Wednesday, while a drop in US Treasury yields is undermining the Greenback, which clings to early gains but has barely changed. The XAG/USD trades at $65.41, gains over 3.90%.Fxstreet
Thu, Sep 17
Crude Oil sells off and takes it all back on Saudi cargoes through Oman
Crude Oil trades near $97.50, which is where it opened, after a drop to $94.50 and a full recovery. Saudi Arabia is offering Asian refiners extra cargoes handed over outside the Strait of Hormuz, and the price treated that as more oil.
Silver price rebounds on softer Oil but Fed tightening caps recovery
Silver (XAG/USD) rebounds on Thursday and trades around $64.15 at the time of writing, up 1.87% on the day. The white metal benefits mainly from the pullback in Oil prices, which helps ease concerns about a renewed acceleration in inflationary pressures.Fxstreet
Thu, Sep 17
Gold Price Forecast: XAU/USD gains as oil rally eases, upside seems limited amid hawkish Fed bets
Gold price (USD) is up 1.15% to near $4,320 during the European trading session on Thursday. The precious metal gains as rally in oil prices cool down after Saudi Arabia mulls alternatives to ship energy products.WTI Oil holds near weekly lows as Saudi Oil exports find an alternative route
Crude prices are trading lower for the second consecutive day on Thursday, with the US benchmark West Texas Intermediate (WTI) Oil trading just below $97, down from the four-month highs above $102.00 hit earlier this week and drawing closer to the bottom of the weekly trading range around $96.00.Silver Price Forecast: XAG/USD jumps to near $64.40 as rally in oil prices hit a pause
Silver price (XAG/USD) is up 1.8% to near $64.40 during the European trading session on Thursday. The white metal gains as oil price’s rally hits a pause as Saudi Arabia confirms exploring alternatives for shipping energy.Gold stalls recovery from six-week low as USD preserves post-Fed gains amid Iran risks
Gold (XAU/USD) attracts some buyers during the Asian session on Thursday, though it struggles to find acceptance above the $4,300 mark and remains close to a near six-week low, touched the previous day.Fxstreet
Thu, Sep 17
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