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Gold Price Forecast: XAU/USD edges lower below $3,650 on profit-taking
The Gold price (XAU/USD) edges lower to around $3,630 during the early Asian session on Friday. The precious metal retreats from a record high on some profit-taking. Nonetheless, the rising bets of the US Federal Reserve (Fed) rate cut in the upcoming meeting might cap its downside.
Fxstreet
Fri, Sep 12
WTI Crude Oil plunges as OPEC and IEA warn of oversupply risks
West Texas Intermediate (WTI) Crude Oil comes under renewed selling pressure on Wednesday, paring most of the gains registered earlier this week, as investors respond to back-to-back bearish signals from the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency
Gold Price Forecast: XAU/USD retreats to $3,620 amid US Dollar strength
Gold failed to find acceptance above the $3,660 area and is trading lower on Thursday, returning to $3,620, as US Dollar appreciates for the third consecutive day, with all eyes on the US Consumer Prices Index release.Fxstreet
Thu, Sep 11
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $63.23 per barrel, down from Wednesday’s close at $63.50.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $67.14 after its previous daily close at $67.41.WTI Price Forecast: Retreats from one-week high; $63.00 holds the key for bullish traders
West Texas Intermediate (WTI) US Crude Oil prices drift lower during the Asian session on Thursday and for now, seem to have snapped a three-day winning streak to a one-week high, around the $63.75-$63.80 region, touched the previous day.Gold Price Forecast: XAU/USD gains momentum to near $3,650, eyes on US CPI release
The Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday. The precious metal edges higher on expectations of a US Federal Reserve (Fed) interest rate cut, a weaker US Dollar (USD) and global geopolitical risks.Fxstreet
Thu, Sep 11
Gold climbs to $3,646 as soft US PPI and geopolitical risks lift safe-haven demand
Gold price surges on Wednesday, up by over 0.60%, folllowing US inflation data, which increased speculation that the Federal Reserve (Fed) will resume its easing cycle at the upcoming September meeting. At the time of writing, XAU/USD trades at $3,646, shy of the record high of $3,674.Fxstreet
Wed, Sep 10
Gold Price Forecast: XAU/USD holds above $3,620, on a soft USD, geopolitical tensions
Gold keeps trading higher on Wednesday despite its overstretched condition and technical signals anticipating a bearish correction. The weak US Dollar, amid rising bets of Fed easing and rising geopolitical tensions in Europe and the Middle East, keeps Bullion’s safe-haven appeal intact.Fxstreet
Wed, Sep 10
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