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Gold steadies as USD slips, Fed hike bets cap upside
Gold (XAU/USD) price steadies on Monday after reaching a daily low beneath $4,500, as the US Dollar is on the back foot amid fears that the energy shock spurred by the Middle East conflict could trigger a second wave of inflation.
Fxstreet
Mon, May 18
Gold Price Forecast: XAU/USD steadies above $4,500 awaiting news from Iran
Gold (XAU/USD) is trading flat above $4,500 on Monday, stabilising after a four-day sell-off from $4,770. Investors await developments in the Middle East conflict as a spokesperson for the Iranian Foreign Ministry affirmed earlier on the day that the US-Iran talks are ongoing.Fxstreet
Mon, May 18
Gold: Rates shock weighs on metals – OCBC
OCBC’s Christopher Wong reports sharp corrections in Gold and Silver as higher yields and a stronger Dollar overwhelmed safe-haven demand. Silver underperformed after a prior high-beta rally linked to industrial metals and AI-related risk appetite.Fxstreet
Mon, May 18
Silver Price Forecast: XAG/USD slides further to near $75 as high oil prices extend gains
Silver price (XAG/USD) is down over 1% to near $75.00 during the European trading session on Monday. The white metal extends its two-day massive decline as rising oil prices due to fears of the United States (US)-Iran war resumption have promoted global inflation expectations further.Gold rebounds from multi‑month low; bullish USD and Fed hike bets to cap upside
Gold (XAU/USD) stages a modest recovery from the $4,480 region, or its lowest level since March 30, touched during the Asian session on Monday, though the upside potential seems limited. The US Dollar (USD) buying remains unabated in the wake of persistent geopolitical uncertainties.Fxstreet
Mon, May 18
Gold Declines Below $4,550 on Rising Fed Hike Expectations
Gold price (XAU/USD) declines to around $4,535 during the early Asian trading hours on Monday. The precious metal remains on the defensive as heightened inflation concerns, due to the conflict in the Middle East, reinforce bets for higher interest rates.Fxstreet
Mon, May 18
Gold sinks 2% as Iran war fuels fresh inflation shock
Gold price retreats by over 2.30% on Friday amid fears that prolonged hostilities between the US and Iran could trigger a second wave of inflation, forcing central banks to hike interest rates. The XAU/USD trades at $4,551 after bottoming at around $4,511.Fxstreet
Fri, May 15
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