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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.
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.
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.
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.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.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.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.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.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.Gold Price Forecast: XAU/USD holds positive ground above $4,100 as Fed rate cut expectations rise
Gold price (XAU/USD) holds positive ground near $4,120 during the early Asian session on Tuesday. The precious metal edges higher after reaching a two-week high in the previous session, amid prospects for rate cuts by the US Federal Reserve (Fed) in December and a softer US Dollar (USD).Fxstreet
Tue, Nov 11
Gold rises despite easing Fed cut bets, US Dollar recovery
Gold price rallies over 2% on Monday as investors increases bets on a Federal Reserve (Fed) rate cut at the December meeting. Meanwhile, news of a possible reopening of the US government pushed the Greenback higher, yet the yellow-metal buyers remain reluctant to give way to earlier gains.Fxstreet
Mon, Nov 10
Gold Price Forecast: XAU/USD jumps to near $4,080 as Fed rate cut in December looks likely
Gold price (XAU/USD) trades 2% higher to near $4,080 during the European trading session on Monday. The yellow metal strengthens amid steady expectations that the Federal Reserve (Fed) will cut interest rates again in the December policy meeting.
Fxstreet
Mon, Nov 10
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