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Gold Price Forecast: XAU/USD flattens near $2,650 as US NFP takes centre stage
Gold price (XAU/USD) trades in a tight range around $2,650.00 in Thursday’s European session.
US Dollar Index
Gold
Fxstreet
Dec 5, 2024
Crude Oil flattens as OPEC+ decision on production normalization looms
Crude Oil is consolidating at around $68.50 on Thursday after Wednesday’s losses ahead of the decision from OPEC+ meeting that is taking place at the time of writing. OPEC+ members are convening online to discuss a delay of the production
Brent
Fxstreet
Dec 5, 2024
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
Silver
Fxstreet
Dec 5, 2024
Silver Price Forecast: XAG/USD loses traction below $31.50 as Fed officials signal cautious path for rate cuts
The Silver price (XAG/USD) drifts lower to around $31.20, snapping the two-day winning streak during the early European session on Thursday.
Silver
Fxstreet
Dec 5, 2024
Gold price edges lower on rebounding US bond yields; downside seems limited
Gold price attracts some sellers amid a modest rebound in the US bond yields.
Gold
Fxstreet
Dec 5, 2024
WTI remains depressed below $68.50; OPEC+ meeting eyed for fresh impetus
WTI drifts lower for the second successive day, though any meaningful slide seems elusive.
Brent
WTI
Fxstreet
Dec 5, 2024
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Gold
Fxstreet
Dec 5, 2024
Gold price edges higher on Powell’s comments
Gold price advances during Wednesday’s North American session, sponsored by mixed US economic data. Nevertheless, the non-yielding metal remained slightly subdued as Federal Reserve (Fed) Chair Jerome Powell crossed the wires. The XAU/USD trades at $2,652, up 0.35%.
Silver
Gold
Fxstreet
Dec 5, 2024
United States EIA Crude Oil Stocks Change below expectations (-1M) in November 29: Actual (-5.073M)
United States EIA Crude Oil Stocks Change below expectations (-1M) in November 29: Actual (-5.073M)
Brent
Fxstreet
Dec 4, 2024
Gold: Sizable liquidations over the coming week are possible – TDS
Precious metals have remained locked in a tight range, but recent flows have been interesting, TDS’ Senior Commodity Strategist Daniel Ghali notes.
Gold
Fxstreet
Dec 4, 2024
Silver Price Forecast: XAG/USD experiences V-shape recovery from $30.50 after US ADP job data
Silver price (XAG/USD) recovers in a V-shape manner from the key support of $30.50 in Wednesday’s North American session and refreshes an intraday high near $31.20 after the release of the United States (US) ADP Employment Change data for November.
US Dollar Index
Silver
Fxstreet
Dec 4, 2024
Gold price edges higher as ADP falls shorts of expectations
Gold prices consolidate at around $2,650 for the seventh consecutive day, posts modest gains of over 0.20% after US jobs data revealed that private hiring dipped, missing economists forecasts.
Gold
Fxstreet
Dec 4, 2024
Crude Oil pops above $70 as traders gauge potential surprises in OPEC+ supply plans
Oil prices tick up for a second day in a row ahead of the OPEC+ meeting on Thursday.
Brent
Fxstreet
Dec 4, 2024
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.
Silver
Fxstreet
Dec 4, 2024
Gold price remains confined in a familiar range; looks to Fed’s Powell for fresh impetus
Gold price (XAU/USD) extends its consolidative price move on Wednesday and oscillates in a narrow range below the $2,650 level during the Asian session.
Gold
Fxstreet
Dec 4, 2024
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold
Fxstreet
Dec 4, 2024
United States API Weekly Crude Oil Stock came in at 1.232M, above expectations (-2.06M) in November 29
United States API Weekly Crude Oil Stock came in at 1.232M, above expectations (-2.06M) in November 29
Brent
Fxstreet
Dec 3, 2024
Gold rises amid US Dollar weakness despite high US Yields
Gold price trends up on Tuesday during the North American session, up by 0.28%, although US Treasury yields rise, though underpinned by overall US Dollar weakness across the board.
Gold
Fxstreet
Dec 3, 2024
The set-up in Platinum is favorable – TDS
CTA selling activity has been weighing on prices despite concurrent signs of Chinese buying activity, TDS’ Senior Commodity Strategist Daniel Ghali notes.
Fxstreet
Dec 3, 2024
OPEC+ production increase likely to be postponed for another three months – Commerzbank
OPEC+ is expected to decide on Thursday to postpone the production increase for a further three months until the end of the first quarter, Commerzbank’s commodity analyst Carsten Fritsch notes.
Brent
Fxstreet
Dec 3, 2024
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