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Gold steadies as traders await US NFP for clues on the Fed next move
Gold (XAU/USD) recovers part of its earlier losses on Friday as traders reposition ahead of the US Nonfarm Payrolls (NFP) report, due at 12:30 GMT. At the time of writing, XAU/USD is trading around $4,462 after hitting an intraday low of $4,428.Fxstreet
Fri, Jun 5
Silver Price Forecast: XAG/USD recovers half of early losses, still down ahead of US NFP data
Silver price (XAG/USD) claws back half of its early losses in the European trading session on Friday, but is still 1.7% down to near $72.60. The white metal is expected to remain volatile, as the United States (US) Nonfarm Payrolls (NFP) data for May is scheduled to be published at 12:30 GMT.
Fxstreet
Fri, Jun 5
Brent: Lower prices ease inflation fears – Deutsche Bank
Deutsche Bank strategists highlight that Brent Oil has reversed recent gains as hopes grow for a US-Iran deal, easing stagflation concerns and pulling inflation expectations lower. They note declines in both spot and 6‑month Brent futures alongside softer US and Euro inflation swaps.
Fxstreet
Fri, Jun 5
WTI flattens near $91 despite Israel-Lebanon fragile ceasefire
West Texas Intermediate (WTI), futures on NYMEX, trades flat at around $91.00 during the early European trading session on Friday. The oil price consolidates even as the United States (US)-brokered ceasefire between Israel and Lebanon is proving to be fragile due to continued attacks between them.
US President Donald Trump says he could meet Iran’s supreme leader ‘if it was to make a deal’
US President Donald Trump said that he would be “honored” to meet Iranian Supreme Leader Ayatollah Mojtaba Khamenei if a deal is reached to end the U.S.-Iran war, CNBC reported on Thursday.Fxstreet
Thu, Jun 4
Gold declines below $4,500 on stalled US-Iran ceasefire talks, US NFP data looms
Gold price (XAU/USD) edges lower to near $4,470 during the early Asian session on Friday. The precious metal remains volatile amid ongoing geopolitical turmoil. Traders will closely monitor the developments surrounding the US-Iran peace deal and the US May employment report later on Friday.Fxstreet
Thu, Jun 4
WTI declines as Israel-Lebanon ceasefire eases tensions in the Middle East
West Texas Intermediate (WTI) Crude Oil slips nearly 3% on Thursday as market sentiment improves following a ceasefire agreement between Israel and Lebanon. At the time of writing, WTI trades around $91 per barrel, snapping a three-day winning streak.Gold rallies as Oil rout eases inflation fears
Gold (XAU/USD) rises over 1% on Thursday as Oil prices slide, easing inflationary pressures, while market sentiment is upbeat amid speculation of a resolution to the US-Iran conflict. The XAU/USD pair trades at $4,483 after bouncing off daily lows of $4,424.Fxstreet
Thu, Jun 4
Silver Price Forecast: XAG/USD recovery stalls below the 50-day SMA
Silver (XAG/USD) climbs more than 2% on Thursday as a ceasefire agreement between Israel and Lebanon weighs on the US Dollar (USD). At the time of writing, XAG/USD is trading around $74.80, but remains stuck within a familiar range between $72-$78 that has held since mid-May.Fxstreet
Thu, Jun 4
Gold advances as US-Iran deal hopes improve following Israel-Lebanon ceasefire
Gold (XAU/USD) climbs modestly as the US Dollar (USD) weakens in the wake of a ceasefire between Israel and Lebanon brokered by the United States. At the time of writing, XAU/USD is trading around $4,497, up 1.40% on the day.Fxstreet
Thu, Jun 4
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