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Gold Price Forecast: XAU/USD edges higher above $4,100 ahead of delayed US September NFP report
Gold price (XAU/USD) attracts some buyers to around $4,110 during the early Asian session on Thursday. The precious metal gains momentum amid the cautious mood and uncertainty over the US economy. Traders will closely monitor the US September Nonfarm Payrolls (NFP) later on Thursday.
Fxstreet
Thu, Nov 20
Gold pares gains as Dollar strength, Ukraine peace rumors offset safe-haven demand
Gold (XAU/USD) remains firm during the North American session on Wednesday, but trims earlier gains of over 1% as the US Dollar (USD) rallies sharply as traders wait for a key US job report due on Thursday and assess the developments on the Russia-Ukraine war.Fxstreet
Wed, Nov 19
Gold Price Forecast: XAU/USD back below $4,100 amid resurgent USD demand
Risk aversion dominates financial markets in the American session on Wednesday, resulting in a much firmer US Dollar (USD) across the FX board. In the case of XAU/USD, demand for safety benefits both Gold and the Greenback, keeping the pair afloat, though off its intraday high of $4,132.Fxstreet
Wed, Nov 19
WTI falls as EIA draw offset API build, Russian sanctions limit downside
West Texas Intermediate (WTI) US Oil trades around $59.00 on Wednesday at the time of writing, down 2.80% on the day. The price remains under pressure as traders weigh mixed US inventory data and monitor escalating geopolitical risks linked to upcoming sanctions on major Russian producers.
Gold gains as risk-off mood deepens; traders await Fed Minutes
Gold (XAU/USD) edges higher on Wednesday as a risk-off tone across global markets revives safe-haven demand. At the time of writing, XAU/USD is trading around $4,120, up nearly 1.20%, extending its rebound after briefly slipping below the $4,000 threshold on Tuesday.Fxstreet
Wed, Nov 19
Gold Price Forecast: XAU/USD rallies beyond $4,100 on risk-off trading
Gold (XAU/USD) is trading higher for the second consecutive day on Wednesday, reaching intra-week highs, right above $4,100, favoured by the risk-averse markets and heightened hopes that the US Federal Reserve might ease monetary policy at its December meeting.US employment data disappointed on TuesFxstreet
Wed, Nov 19
Oil: The diesel rally persists – ING
ICE Brent settled a little more than 1% higher yesterday, with the market moving closer to the $65/bbl level. Market participants appear more concerned about supply risks than the odds of a surplus going forward, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Wed, Nov 19
Gold holds steady around $4,070 area as traders await FOMC minutes for rate-cut cues
Gold (XAU/USD) trades with a mild positive bias for the second straight day on Wednesday and looks to build on the previous day's bounce from levels just below the $4,000 psychological mark, or a one-and-a-half-week low.Fxstreet
Wed, Nov 19
Gold Price Forecast: XAU/USD climbs above $4,050 amid risk-off sentiment
Gold price XAU/USD attracts some buyers to around $4,070, snapping the three-day losing streak during the early Asian session on Wednesday. The precious metal rises amid the risk-off sentiment as traders brace for the long-awaited return of US economic data.Fxstreet
Wed, Nov 19
Gold climbs above $4,050 as markets lean dovish ahead of US data
Gold (XAU/USD) advances modestly during Tuesday’s North American session as the Greenback also remains bid and risk appetite deteriorates amid fears of an economic slowdown. At the time of writing, XAU/USD trades at $4,058, up 0.36%.Fxstreet
Tue, Nov 18
Silver edges higher as risk-off mood, Fed uncertainty drive demand
Silver (XAG/USD) edges higher on Tuesday, trading around $50.70 at the time of writing, up 1.00% on the day. The precious metal is supported by a broad risk-off tone across markets, with investors favoring safe-haven exposure as risk assets come under pressure.Fxstreet
Tue, Nov 18
Gold holds above $4,000 as risk-off mood lifts safe-haven demand
Gold (XAU/USD) steadies on Tuesday as risk-off sentiment across global markets prompts a mild pickup in safe-haven demand. At the time of writing, XAU/USD is trading around $4,040, staging a modest rebound after slipping to $3,998 earlier in the Asian session.Fxstreet
Tue, Nov 18
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