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Gold losses shine as Fed-cut bulls assess how dovish soft CPI is
Gold (XAU/USD) erases earlier gains on Thursday after the non-yielding metal approached the all-time high (ATH) following the release of a weaker than expected inflation report in the US. XAU/USD trades at $4,335 after bouncing off daily lows of $4,308.Fxstreet
Thu, Dec 18
Gold eases within range as US CPI looms
Gold (XAU/USD) consolidates with modest losses on Thursday as traders trim exposure ahead of the US inflation report. At the time of writing, XAU/USD is trading around $4,325, remaining confined to the familiar range that has dominated price action so far this week.Fxstreet
Thu, Dec 18
WTI edges lower below $56.50 on US Dollar strength, weak China demand
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.30 during the early European trading hours on Thursday. The WTI price declines amid a modest rebound in the US Dollar (USD) and signs of weak Chinese energy demand.Gold blasts above $4,330 as US jobs data and Venezuela flare-up spark haven rush
Gold (XAU/USD) rallies on Wednesday, edging up 0.87% following a mixed US jobs report on Tuesday, along with rising tensions of the US-Venezuela conflict and comments by Federal Reserve (Fed) Governor Christopher Waller.Fxstreet
Wed, Dec 17
Gold Price Forecast: XAU/USD is showing signs of hesitation above $4.300
Gold (XAU/USD) is posting marginal gains on Wednesday, but price action remains contained within previous ranges. Upside attempts remain capped below all-time highs at $4,350, and bears are contained above the $4,260-$4,270 so far.Fxstreet
Wed, Dec 17
Gold retreats slightly as US Dollar rebounds
Gold (XAU/USD) trades with a mild positive bias on Wednesday but struggles to build on early gains, as a rebound in the US Dollar (USD) caps upside momentum. At the time of writing, XAU/USD is trading around $4,315, easing back after briefly touching $4,342 during the early European session.Fxstreet
Wed, Dec 17
European Gas prices extend losses – ING
European Gas prices remain under pressure as mild weather weighs on demand, but below-average EU storage levels and a heavily short-positioned market could provide support if colder conditions materialize later this month, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Wed, Dec 17
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