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Gold Price Forecast: XAU/USD recovery stalls below $4,150 resistance
Gold (XAU/USD) remains practically flat on the daily chart on Wednesday, as hesitant market, as investors are reluctant to take risks ahead of the US government’s reopening.
Gold
Fxstreet
Wed, Nov 12
Silver supported by Fed rate-cut expectations, US economic concerns
Silver (XAG/USD) trades around $51.70 on Wednesday at the time of writing, up 1.00% on the day, extending its recent winning streak. The grey metal benefits from growing speculation that the Federal Reserve (Fed) will cut interest rates again in December.
Silver
Fxstreet
Wed, Nov 12
Refined products push Oil higher – ING
Oil prices rallied yesterday, with ICE Brent settling more than 1.4% higher on the day, moving back above $65/bbl.
Brent
WTI
Fxstreet
Wed, Nov 12
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $60.75 per barrel, down from Tuesday’s close at $60.88.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $64.75 after its previous daily close at $64.89.
Brent
WTI
Fxstreet
Wed, Nov 12
WTI trades with mild gains above $60.50 on hopes of US government reopening
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.85 during the Asian trading hours on Wednesday. The WTI trades with mild gains amid renewed investor confidence after a US government deal.
Brent
WTI
Fxstreet
Wed, Nov 12
Silver Price Forecast: XAG/USD attracts some sellers to near $51.00 on stronger US Dollar
Silver price (XAG/USD) edges lower to near $51.10, snapping the five-day winning streak during the early European session on Wednesday. The white metal loses ground amid the renewed US Dollar (USD) demand.
Silver
Fxstreet
Wed, Nov 12
Gold consolidates near three-week high as risk-on mood offsets dovish Fed bets
Gold (XAU/USD) is seen hovering near a three-week high during the Asian session on Wednesday, with bulls awaiting a move beyond the $4,150-4,155 horizontal barrier before positioning for any further appreciating move.
Gold
Fxstreet
Wed, Nov 12
Gold Price Forecast: XAU/USD extends upside to near $4,150 as ADP report shows US job losses
Gold price (XAU/USD) extends the rally to around $4,140 during the early Asian session on Wednesday. The precious metal gains momentum on further bets of a rate cut by the US Federal Reserve (Fed) by year-end. Traders will keep an eye on the Fedspeak later on Wednesday.
Gold
Fxstreet
Tue, Nov 11
Gold holds near $4,110 as markets await House vote on US funding bill
Gold price remains flat on Tuesday after reaching a three-week high of $4,148, but at the time of writing trades at around $4,110 amid a US government reopening looming as the Senate passes the stopgap funding bill, now on its way to the House of Representatives.
Gold
Fxstreet
Tue, Nov 11
WTI rises as US funding bill fuels demand recovery optimism despite supply concerns
West Texas Intermediate (WTI) US Oil stabilizes around $60.75 on Tuesday at the time of writing, up 1.20% on the day, supported by hopes that the reopening of the US government will revive economic activity.
WTI
Brent
Fxstreet
Tue, Nov 11
Gold Price Forecast: XAU/USD is pushing against $4,150 resistance area
Gold (XAU/USD) is trading higher for the third consecutive day on Tuesday, with bulls pushing against the $4,150 resistance area at the time of writing..
Gold
Fxstreet
Tue, Nov 11
Gold steady as markets balance Fed rate cut hopes with easing US shutdown risk
Gold (XAU/USD) maintains its bullish tone on Tuesday, extending Monday’s sharp advance as dovish Federal Reserve (Fed) expectations continue to underpin sentiment.
Gold
Fxstreet
Tue, Nov 11
Diverging demand for Gold in China in the first three quarters – Commerzbank
The China Gold Association published data on China's Gold demand in the first three quarters yesterday, with some delay, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
Fxstreet
Tue, Nov 11
Silver rises near $51.00 amid dovish Fed expectations
Silver (XAG/USD) trades around $51.00 on Tuesday at the time of writing, up 0.90% for the day, extending its three-day winning streak. The metal benefits from growing speculation that the Federal Reserve (Fed) will continue its monetary easing cycle in December.
Silver
Fxstreet
Tue, Nov 11
Gold: Regaining momentum – OCBC
Gold rebounded sharply this week, riding on hopes that US government shutdown may be nearing its end. It may sound odd but gold is behaving more like an 'alpha' proxy outperforming traditional risk assets. XAU last seen at 4134.79 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Gold
Fxstreet
Tue, Nov 11
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $59.78 per barrel, down from Monday’s close at $60.06.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.69 after its previous daily close at $63.96.
Brent
WTI
Fxstreet
Tue, Nov 11
WTI Price Forecast: Trades broadly sideways near 20-day EMA around $60.00
West Texas Intermediate (WTI), futures on NYMEX, trades 0.5% lower to near $5975 during the early European session on Tuesday. The Oil price faces pressure on oversupply worries, following the announcement from the OPEC+ that it will increase December output targets by 137,000 barrels per day.
Brent
WTI
Fxstreet
Tue, Nov 11
Silver Price Forecast: XAG/USD rises to near $51.00 due to Fed rate cut odds
Silver price (XAG/USD) gains ground for the third consecutive session, trading around $50.90 per troy ounce during the Asian hours on Tuesday.
Silver
Fxstreet
Tue, Nov 11
Gold climbs to over two-week high as economic concerns reaffirm Fed rate cut bets
Gold (XAU/USD) is seen building on the previous day's breakout momentum above the $4,100 mark and gaining some follow-through traction for the third consecutive day on Tuesday.
Gold
Fxstreet
Tue, Nov 11
WTI declines below $60.00 on firmer US Dollar
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.90 during the early Asian trading hours on Tuesday. The WTI declines amid the stronger US Dollar (USD) and concerns about global energy demand.
Brent
WTI
Fxstreet
Tue, Nov 11
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