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Gold blasts to record $3,600 as weak NFP ignite Fed cut frenzy
Gold price rallies sharply and hits a new all-time high of $3,600 on Friday, following a soft Nonfarm Payrolls report, which raised speculation that the Federal Reserve (Fed) is ready to resume rate cuts. XAU/USD trades at $3,594, up 1.30% at the time of writing.
Silver consolidates near 14-year high as weak NFP data boosts Fed cut bets
Silver (XAG/USD) is holding firm around $41.00 on Friday after retesting multi-year highs in the wake of soft US Nonfarm Payrolls (NFP) data. The metal peaked at $41.47 on Wednesday, its strongest level since September 2011, before easing slightly on Thursday.
WGC wants to introduce digital Gold - Commerzbank
The World Gold Council (WGC) has presented a new idea aimed at modernizing the Gold market. According to this idea, there are plans to introduce a form of digital Gold, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Gold steadies below record highs as traders await US Nonfarm Payrolls
Gold (XAU/USD) is trading flat on Friday, holding around $3,550 at the time of writing, as investors turn cautious ahead of the US Nonfarm Payrolls (NFP) report due at 12:30 GMT.
Gold Price Forecast: XAU/USD consolidates around $3,550 ahead of US NFP data for August
Gold price (XAU/USD) trades in a tight range around $3,350 during the European trading session on Friday. The precious metal consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for August, which will be published at 12:30 GMT.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
Silver Price Forecast: XAG/USD rebounds toward $41.00 amid prevailing bullish bias
Silver price (XAG/USD) recovers ground after registering more than 1% losses in the previous session, trading around $40.80 per troy ounce during the European hours on Friday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD attracts some buyers to near $41.00 as US NFP data looms
The Silver price (XAG/USD) attracts some buyers near $40.85 during the Asian trading hours on Friday, bolstered by the weaker US Dollar (USD). The white metal receives support from the prospect of the US Federal Reserve (Fed) rate cut this year.
Gold edges higher as Fed rate cut bets undermine USD ahead of NFP data
Gold (XAU/USD) edges higher during the Asian session on Friday and looks to build on the overnight bounce from the vicinity of the $3,500 psychological mark.
Gold slips below $3,550 as US Dollar rebound offsets Fed cut bets
Gold price edges lower during the North American session on Thursday as the Greenback recovers some ground, even though the latest round of economic data increased speculation that the Federal Reserve may cut interest rates at the September meeting. The XAU/USD trades at $3,542, down 0.48%.
Gold consolidates below record highs as traders eye US labor market data
Gold (XAU/USD) is taking a breather on Thursday after hitting a fresh record high of $3,578.50 on Wednesday, pausing a remarkable seven-day rally.
Silver Price Forecast: XAG/USD bounces at $40.50, approaching $41.00
Silver (XAG/USD) is trimming losses during Thursday's European session opening.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
Silver Price Forecast: XAG/USD trades below $41.00 mark, down over 1% for the day
Silver (XAG/USD) extends the previous day's late pullback from the vicinity of mid-$41.00s, or its highest level since September 2011, and attracts heavy selling during the Asian session on Thursday.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Gold corrects from all-time peak as rise in Asian stocks prompts profit-taking
Gold (XAU/USD) is extending the previous day's late pullback from the all-time peak, around the $3,578-3,579 area, and drifting lower during the Asian session on Thursday.
Silver Price Forecast: XAG/USD surges above $41, hits 14-year high
Silver Price advances for the second consecutive day after clearing the $40.00 barrier on Tuesday, rises over 2.80% on Wednesday, trading at $41.18, after reaching a 14-year high of $41.46.
Gold extends rally above $3,550 as weak US JOLTS data lifts Fed cut bets
Gold price extended its gains on Wednesday and is up more than 1%, poised to register record highs during the day, after clearing the mid-point of the $3,500-$3,600 range as economic data from the United States showed the labor market is weakening.
Gold extends rally, notches new record-high above $3,560
Gold extended its uptrend in the second half of the day on Wednesday and touched a new record-high above $3,560. At the time of press, XAU/USD was trading near $3,560, rising 0.85% on a daily basis. For the week, Gold is already up more than 3%.
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