Search
News
Silver has rebounded to $63, but inflationary risks hold buyers back
Silver (XAG/USD) stabilizes around $63.45 on Wednesday, up 0.16% on the day at the time of writing. The white metal is attempting to regain its footing after hitting an intraday low of $62.19, initially extending the pullback that followed Tuesday’s rejection from the $66.50 area.
Fxstreet
Wed, Aug 19
Gold finds support as US Dollar retreats ahead of Fed Minutes
Gold (XAU/USD) regains ground on Wednesday after falling nearly 2% on the previous day. A softer US Dollar (USD) and a modest pullback in long-term US Treasury yields lend support to the precious metal. At the time of writing, XAU/USD trades around $4,366, up 0.75% on the day.
Fxstreet
Wed, Aug 19
Gold: Pullback risk with higher yields and Oil – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note that Gold’s rebound has lost momentum as renewed Oil gains and higher long-end US yields revive inflation concerns. Daily charts show fading bullish momentum and a lower Relative Strength Index (RSI) from near overbought levels.Fxstreet
Wed, Aug 19
Silver Price Forecast: XAG/USD extends decline to near $63 amid continued energy supply risks
Silver price (XAG/USD) is down 0.5% to near $63.00 during the Asian trading session on Wednesday. The white metal extends its Tuesday’s decline amid fears of prolonged inflation concerns on the back of continued energy supply disruption.Fxstreet
Wed, Aug 19
Gold steadies below $4,350 as surging yields offset support from Fed rate-hold bets
Gold price (XAU/USD) holds steady near $4,335 after pulling back from an early-June top near $4,450 during the early Asian trading hours on Wednesday. The precious metal faced some selling pressure in the previous session as Treasury yields surged to their highest levels in decades.Fxstreet
Tue, Aug 18
Silver Price Forecast: XAG/USD consolidates as bullish momentum fades
Silver (XAG/USD) edges lower on Tuesday, remaining confined within a week-old trading range as bullish momentum softens following the recent rally. At the time of writing, XAG/USD trades around $63.96, down 2.77% on the day.Fxstreet
Tue, Aug 18
Featured Tools
Top News
Meshy Debuts New In-House AI Model with Meshy Edit, Letting Users Change Selected Parts of a 3D Model with One Prompt
Memory Stocks Slide Again as Micron Drops Over 3%, But Goldman Says Market Overestimates CXMT Tech Impact
Tesla Stock Forecast: Delivery Beat Meets Margin Test as TSLA Defends $355 Before Q3 Earnings
Rocket Lab Stock Forecast: Neutron Slips to 2027 as RKLB Tests $55 Support and Iridium Raises the Stakes
Memory Stocks Fall Across the Board as SK Hynix Slumps Over 3% to Lead Losses
