Silver Archives - Page 109 of 118

Gold price up as bargain hunters step up

Gold price (XAU/USD) bounces off the weekly low of $2,013 to $2,030 during the early Asian session on Friday. Nonetheless, the upside of the yellow metal might be limited due to the possibility that the Federal Reserve (Fed) may not begin cutting interest rates as early as expected, which might exert some selling pressure on…

Gold Platinum Silver

January 12, 2024324Views 0Likes 0Comments

Hydrogen economy poised as key growth booster for platinum group metals – Heraeus

The hydrogen economy is an important new growth area for platinum group metals (PGMs) and, in turn, PGMs are pivotal for hydrogen production and application across a broad front. Accentuating this in a Zoom interview with Mining Weekly, Heraeus Precious Metals new business development executive VP Dr Philipp Walter highlighted the strong global current momentum of…

Dollar Gold Platinum Silver

January 12, 2024490Views 0Likes 0Comments

Gold price falls as bets supporting rate cuts in March ease after US CPI data

Gold price (XAU/USD) turns volatile as United States Bureau of Labor Statistics (BLS) has reported hotter-than-projected Consumer Price Index (CPI) data for December. Annual headline inflation accelerated to 3.4% against expectations of 3.2% and the former reading of 3.1%. In the same period, the core CPI that excludes volatile food and oil prices at 3.9%…

Gold Prices Set for Continued Volatility as Global Risks and Economic Data Dominate

Dollar Gold Platinum Silver

January 11, 2024449Views 0Likes 0Comments

Gold Price Struggling to Rebound, Eyes on US Inflation

The gold price is trading in the green at $2,034 at the time of writing. The metal seems determined to hit new highs as the US dollar turned downside. The dollar’s sell-off should help the XAU/USD to come back higher and to erase some of the latest drops. Yesterday, the US Trade Balance and RCM/TIPP Economic…

Dollar Gold Platinum Silver

January 10, 2024498Views 0Likes 0Comments

XAU/USD consolidates around $2,030, awaits US CPI on Thursday

Gold price (XAU/USD) struggles to gain any meaningful traction following the previous day's late pullback from the $2,040 area and oscillates in a narrow trading band during the Asian session on Wednesday. Traders now seem reluctant and prefer to wait for the release of the latest consumer inflation figures on Thursday before placing fresh directional…

Dollar Gold Platinum Silver

January 10, 2024424Views 0Likes 0Comments

Gold Price Edges Up as Investors Wait for Inflation Data

Gold was up 0.2% at $2,038.20 a troy ounce in early trading, as traders keep a close eye on signals of interest-rate cuts Metal prices more widely were mixed as market watchers await U.S. CPI data this week for more clarity. Three-month copper was 0.2% lower at $8,417 a metric ton, while aluminum was down 0.1% at…

Dollar Gold Platinum Silver

January 10, 2024369Views 0Likes 0Comments

Gold Price Forecast – Gold Bounces Back a Bit

Gold markets bounced a bit during the early hours on Tuesday, as we continue to see more of a “buy on the dip” mentality in this market. We rallied a bit during the trading session on Tuesday in the gold market as we continued to see a lot of noise. I suspect that the 50 day…

XAU/USD recovers some lost ground above $2,030, focus on Chinese CPI, PPI data

Hydrogen economy poised as key growth booster for platinum group metals – Heraeus

Gold price falls as bets supporting rate cuts in March ease after US CPI data

Gold Price Struggling to Rebound, Eyes on US Inflation

XAU/USD consolidates around $2,030, awaits US CPI on Thursday

Gold Price Edges Up as Investors Wait for Inflation Data

Gold Price Forecast – Gold Bounces Back a Bit

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