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Silver Price Forecast: XAG/USD remains above $59.00 amid dovish Fed remarks
Silver price (XAG/USD) gains ground after two days of losses, trading around $59.20 per troy ounce during Asian hours on Wednesday. Non-yielding Silver gains following dovish remarks from New York Federal Reserve President John Williams.Fxstreet
Wed, Oct 14
US President Donald Trump says Taiwan agrees to buy 30% of gas from Alaska pipeline
US President Donald Trump said on Tuesday that Taiwan agreed to purchase 30% of the gas from a proposed pipeline project in Alaska, according to Reuters. However, details of the agreement have not yet been disclosed.Fxstreet
Wed, Oct 14
Yemen's Houthis fire missiles at Saudi Arabia; Aramco facility catches fire
Yemen’s Houthi rebels launched a series of missile attacks targeting cities across Saudi Arabia as the military said projectiles are being intercepted. Falling shrapnel in Dhahran and Riyadh injured at least four people in the Saudi capital.Gold declines to near $4,150 ahead of US CPI inflation data
Gold price (XAU/USD) drifts lower to near $4,155 during the early Asian session on Wednesday. The precious metal extends the decline as rising oil prices fuel inflation concerns and prompt major central banks to tighten monetary policy.
Fxstreet
Tue, Oct 13
Gold slides on US yields surge ahead of CPI
Gold price (XAU/USD) extends its losses on Tuesday as US Treasury yields resumed their uptrend, erasing previous losses, even though the US Dollar faces headwinds ahead of the release of US inflation data. At the time of writing, XAU/USD trades at $4,157, down 0.37%.Fxstreet
Tue, Oct 13
Silver Price Forecast: XAG/USD wobbles near $60.30, US CPI takes centre stage
Silver price (XAG/USD) trades in a tight range at around $60.30 during the European trading session on Tuesday. The white metal consolidates as investors shift their focus to the United States (US) Consumer Price Index (CPI) data for September, which will be released on Wednesday.
Fxstreet
Tue, Oct 13
Gold struggles below $4,200 despite retreat in US Dollar, Treasury yields
Gold (XAU/USD) holds modest gains during European trading hours on Tuesday as a pullback in the US Dollar (USD) and US Treasury yields supports the precious metal. At the time of writing, XAU/USD trades around $4,185, up 0.35% on the day.
Fxstreet
Tue, Oct 13
Gold Price Forecast: XAU/USD retraces losses as US yields and Oil prices ease
Gold (XAU/USD) retraces Monday’s losses on Tuesday, favoured by a softer US Dollar (USD) as US Yields ease from highs and Oil prices pull back, with investors awaiting key US inflation reports later in the week for a better assessment of the Federal Reserve’s (Fed) near-term policy.Fxstreet
Tue, Oct 13
WTI slides to near $91.50 as Russian diesel inflow offsets geopolitical escalations
West Texas Intermediate (WTI) oil price halts its three-day winning streak, trading around $91.50 per barrel during European hours on Tuesday. Crude oil prices fell as traders weighed the impact of new Russian diesel exports against escalating geopolitical tensions.Silver Price Forecast: XAG/USD remains capped below $61.00 as bulls seem hesitant
Silver (XAG/USD) attracts some dip-buyers in the vicinity of mid-$59.00s on Tuesday and sticks to its modest intraday gains through the early European session. The white metal, however, lacks bullish conviction and currently trades around the $60.50 area, up just over 0.30% for the day.Fxstreet
Tue, Oct 13
Oil: Market focuses on Persian Gulf risks – ING
ING strategists Warren Patterson and Ewa Manthey note that Oil prices remain supported as traders focus on Middle East and Persian Gulf supply risks rather than the Russia-Ukraine energy ceasefire. Brent has pushed back toward $107/bbl, while hurricane-related disruptions in the Gulf of Mexico and Saudi plans to expand pipeline capacity add further supply-side complexity for the market.Fxstreet
Tue, Oct 13
US Envoy Kushner says diesel deal is an effort to soften Russia
US special envoy Jared Kushner said that a deal to allow Russian diesel exports is part of a bid to draw Russia back to negotiations after the failure of previous efforts to launch sustained talks to end the war, Reuters reported on Monday.Fxstreet
Mon, Oct 12
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