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Gold Price Forecast: XAU/USD declines as bulls hesitate near $3,400, US inflation in focus
Gold price (XAU/USD) trades 1.2% lower to near $3,350 during the European trading session on Monday. The yellow metal faces selling pressure as investors shift their focus to the United States (US) Consumer Price Index (CPI) data for July, which is scheduled to be released on Tuesday.
Gold
Fxstreet
Mon, Aug 11
US Gold import tariff uncertainty – ING
Gold futures in New York surged on Friday after a Financial Times report that imports of one-kilo bullion bars are now subject to US levies, contrary to the market’s assumption that Gold would be exempt from any import tariffs, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold
Fxstreet
Mon, Aug 11
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Monday, according to FXStreet data.
Silver
Fxstreet
Mon, Aug 11
Silver price forecast: XAG/USD moves below $38.00 amid easing geopolitical risks
Silver price (XAG/USD) depreciates after registering gains in the previous two sessions, trading around 38.00 per troy ounce during the early European hours on Monday. The safe-haven Silver attracts sellers amid easing geopolitical risks.
Silver
Fxstreet
Mon, Aug 11
WTI extends downside to near $62.50 as traders brace for potential US-Russia talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.50 during the early European trading hours on Monday. The WTI extends the decline near the lowest since June amid optimism over the proposed United States (US)-Russia meeting.
Brent
WTI
Fxstreet
Mon, Aug 11
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.81 per barrel, up from Friday’s close at $62.72.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.86.
Brent
WTI
Fxstreet
Mon, Aug 11
WTI holds below $63.00 as traders await possible US-Russia meeting
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.75 during the early Asian trading hours on Monday. The WTI remains under selling pressure after posting the steepest weekly losses since late June in the previous session.
Brent
WTI
Fxstreet
Mon, Aug 11
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Monday, according to data compiled by FXStreet.
Gold
Fxstreet
Mon, Aug 11
Gold price declines amid risk-on sentiment despite Fed rate cut expectations
Gold price (XAU/USD) continues with its struggle to find acceptance above the $3,400 mark and attracts heavy selling during the Asian session on Monday. The sharp intraday fall is sponsored by a positive risk tone, which tends to undermine demand for the traditional safe-haven bullion.
Gold
Fxstreet
Mon, Aug 11
Gold Price Forecast: XAU/USD remains capped under $3,400 ahead of US inflation data
The Gold price (XAU/USD) attracts some sellers to near $3,390 during the early Asian session on Monday. The precious metal drifts lower amid a modest recovery in the US Dollar (USD). Traders brace for the release of the US inflation report, which is due later on Tuesday.
Gold
Fxstreet
Mon, Aug 11
Gold futures hit $3,534 as US tariffs target Bullion imports; spot remains near $3,400
Gold Price steadies in the spot markets, yet the futures reached a record high of $3,534 on reports that the United States (US) will apply tariffs on imports of Gold bars.
Gold
Fxstreet
Fri, Aug 8
United States Baker Hughes US Oil Rig Count above forecasts (410): Actual (411)
United States Baker Hughes US Oil Rig Count above forecasts (410): Actual (411)
Brent
Fxstreet
Fri, Aug 8
India recently curtailed oil shipments from Russia – Commerzbank
Data from Bloomberg suggests that US President Trump's threat of punitive tariffs against India has apparently already had an effect, Commerzbank's commodity analyst Carsten Fritsch notes.
Brent
Fxstreet
Fri, Aug 8
Saudi Arabia raises selling prices for customers in Asia – Commerzbank
Saudi Arabia has raised its official selling prices for oil deliveries to Asia in September, Commerzbank's commodity analyst Carsten Fritsch notes.
Brent
Fxstreet
Fri, Aug 8
OPEC production fell in July due to Saudi Arabia – Commerzbank
According to a Bloomberg survey, OPEC production fell slightly in July to 28.31 million barrels per day, Commerzbank's commodity analyst Carsten Fritsch notes.
Brent
Fxstreet
Fri, Aug 8
Swiss Gold Association: US tariffs may negatively impact international flow of physical gold
In response to the United States (US) Customs and Border Protection Services' classification of gold kilo bullion bar and 100 ounce bullion bar imports under a new customs code to make them eligible for tariffs, the Swiss Gold Association noted that the imposition of tariffs on these gold cast produ
Gold
Fxstreet
Fri, Aug 8
Gold drifts lower after bulls fail to sustain above $3,400
Gold (XAU/USD) is edging lower on Friday after peaking at $3,409 earlier in the day, its highest level in two weeks amid a cautious market mood. At the time of writing, the metal is hovering near $3,395 at the start of the American session.
Gold
Fxstreet
Fri, Aug 8
Possible tariffs on Gold imports into the US cause turmoil on the Gold market – Commerzbank
According to a report yesterday in the Financial Times, Gold bars weighing 1 kilogram and 100 ounces were classified as subject to tariff by the US Customs Border Protection agency on July 31, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
Fxstreet
Fri, Aug 8
Gold Price Forecast: XAU/USD rejected at $3,400, is testing support at $3,380
Gold is retreating from two-week highs at $3,400 amid a firmer US Dollar.
Gold
Fxstreet
Fri, Aug 8
Oil: Potential Trump-Putin meeting – ING
ICE Brent settled almost 0.7% lower yesterday with hopes that Presidents Trump and Putin may meet soon, possibly as soon as next week, ING's commodity experts Ewa Manthey and Warren Patterson note.
Brent
WTI
Fxstreet
Fri, Aug 8
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