Gold (XAU/USD) & Silver Price Forecast: Fed Tightening Caps Metals as Oil Eases
Gold and silver remain capped by Fed tightening expectations, while lower oil prices ease inflation concerns and gold holds above key support.
Gold Edges Lower as Investors Monitor Central Bank Clues on Rates
Gold edged lower in early Asian trade. Prices could remain constrained amid expectations of tighter U.S. monetary policy, Kudo.com said.
The Fed raised rates and gold didn't break: Here's why
Last week we argued that gold investors should stop obsessing over limited US monetary policy moves and start paying attention to the next $1 trillion of U.S. debt.
Wall Street goes full bull on gold price after post-hike gains, Main Street bolsters bullish majority as gold holds $4,300
The latest Kitco News Weekly Gold Survey showed Wall Street unanimously bullish after gold's post-Fed gains, while Main Street bolstered its bullish majority following gold's solid weekly performance.
Gold, silver prices hold weekly gains as oil drops, yields return to 5% - Kitco PM Report
Spot gold and silver prices are higher in late-afternoon U.S. trading Friday, with both metals holding weekly gains as lower oil prices offset part of the pressure from a rebound in Treasury yields and a firmer U.S. dollar.
Gold shrugs off Fed rate hike as deeper forces drive safe-haven demand
A lot more appears to be going on in the gold market than monetary policy alone can explain, as prices continue to hold critical support heading into the weekend, even after the Federal Reserve raised interest rates and signaled further tightening by year-end.
Gold Weekly Forecast: $4,300 Support Holds, $4,500 in Focus
Gold is holding 50-week EMA support near $4,300 as the market attempts to regain momentum toward $4,500.
Socgen remains bullish on gold price in Q4 as central banks won't get ahead of inflation
Central banks are just getting started with interest rate hikes, but despite this new tightening cycle, they are unlikely to get in front of the inflation curve, which means there is still a solid reason to own gold, according to one international investment bank.
India's festive season starts cautiously amid price volatility, gold ETFs and futures stay strong in August – WGC's Chacko
Indian jewelry buying was resilient and physical investment demand remained steady despite August's gold price volatility, while ETF demand remained positive and gold futures volumes hit a five-month high, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC).In the latest WGC India update, Chacko wrote that both international and domestic gold prices surged in August, while domestic discounts widened.
Gold Price Forecast: Buyers Return as $4,500 Resistance Looms
Gold is stabilizing around key moving averages as buyers return, with $4,500 remaining the next major resistance test.
Gold Rises, Likely Supported by Oil Pullback
Gold gained. The yellow metal likely climbed as the pullback in oil prices eased concerns around inflation and future rate hikes by the Federal Reserve, said ANZ.
Gold price rebounds above $4,340 as lower oil eases rate pressure - Kitco PM Report
Spot gold and silver prices are sharply higher in late-afternoon U.S. trading Thursday, as a softer U.S. dollar, lower crude oil prices and easing Treasury yields helped precious metals extend their rebound after the Federal Reserve's first rate hike in more than 3 years.
