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Silver Price Forecast: XAG/USD rises to near $75.70 on US-Iran deal hopes
Silver price (XAG/USD) is up 0.5% to near $75.75 during the European trading session on Monday. The white metal trades higher amid hopes that the United States (US) and Iran will reach a permanent peace deal soon.Fxstreet
Mon, Jun 1
WTI US Oil Price Forecast: Rises to near $88.50 as Kuwait under attack, uptrend remains intact
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.45 during the early European trading hours on Monday. WTI price attracts some buyers following the Kuwaiti military reports of a missile and drone attack.Gold climbs on US‑Iran ceasefire progress as Fed rate hike bets fade
Gold (XAU/USD) price advanced more than 1.50% on Friday amid news that Iran and the US are close to signing a deal aimed at extending the ceasefire for 60 days to allow negotiations on Iran’s nuclear program. At the time of writing, XAU/USD trades at $4,563, after bouncing off daily lows of $4,489.Fxstreet
Fri, May 29
Silver Price Forecast: XAG/USD struggles for direction despite US-Iran deal hopes, softer US Dollar
Silver (XAG/USD) trades flat on Friday, failing to capitalize on improving market sentiment surrounding a potential US-Iran peace deal even as the US Dollar (USD) slides to a two-week low. At the time of writing, XAG/USD trades around $75.60 and is on track to end the week virtually unchanged.
Fxstreet
Fri, May 29
Gold extends recovery on US-Iran deal hopes, but hawkish Fed signals limit upside
Gold (XAU/USD) extends its rebound on Friday as traders assess the prospects of a potential US-Iran deal. At the time of writing, XAU/USD trades around $4,530 after recovering from a two-month low of $4,366 touched on Thursday.Fxstreet
Fri, May 29
Gold Price Forecast: XAU/USD recovers further to near $4,530 amid falling Oil prices
Gold price (XAU/USD) is up 0.7% to near $4,530 during the European trading session on Friday. The precious metal extends its Thursday’s recovery move, as Oil prices decline due to renewed hopes of a permanent peace deal between the United States (US) and Iran.Fxstreet
Fri, May 29
WTI Oil hits fresh one-month lows below $86.50 amid US-Iran truce extension
Crude prices trend lower for the third day in a row on Friday, with the US benchmark West Texas Intermediate (WTI) barrel trading around $86.50 at the time of writing after hitting one-month lows a few pips below $86.00. WTI Oil is on track for a nearly 15% decline over the last two weeks.Featured Tools
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