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17 hours ago · Silver price (XAG/USD) edges lower to $30.95 during the early European session on Monday. The white metal declines on the back of renewed US Dollar (USD) demand and higher US bond yields. However, the precious metal’s gains might be limited by the rising bets on the US Federal Reserve (Fed) rate cuts this year.
10 hours ago · Silver price (XAG/USD) edges lower to $30.95 during the early European session on Monday. The white metal declines on the back of renewed US Dollar (USD) demand and higher US bond yields. However ...
17 hours ago · Monday, 7/08/2024 15:17. GOLD FELL from 7-week highs in London's bullion market on Monday as price pressure in the precious metal's No.1 consumer nation China sank to the weakest so far in 2024 after the Chinese central bank said it didn't buy gold for the second month running in June, writes Atsuko Whitehouse at BullionVault. Western stock and ...
53 minutes ago · By Matthew Bolden - Jul 8th, 2024 12:14:29 PM EDT. Gold prices retreated on Monday after data from the Chinese government showed that the country continued its pause in buying yellow metal for a second straight month. Meanwhile, bullion investors eyed Federal Reserve Chairman Jerome Powell’s upcoming testimony before Congress this week and ...
17 hours ago · Our gold and silver forecast both remain positive. Gold and silver were both weaker at the start of this week, after silver posted its best weekly gain since mid-May, rising about 7%, while gold rose a solid 2.2%, last week. Silver’s more impressive gains came as the metal broke out of a technical continuation pattern and with the dollar ...
17 hours ago · Here are five notable charts to consider in global commodity markets as the week gets underway. ... Lead futures rose as much as 0.5% on the London Metal Exchange Monday while zinc fell as much as ...
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17 hours ago · Consumer price index inflation data is also on tap this week and is likely to factor into the central bank’s outlook on rates. Other precious metals also retreated on Monday, but were sitting on strong gains from last week. Platinum futures fell 0.6% to $1,039.25 an ounce, while silver futures fell 1% to $31.370 an ounce.
