Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Oil Prices Test New Lows
Falling Treasury yields provided significant support to precious metals.
Gold could find a safe-haven bid as U.S. housing construction drops 15.4% in May
The gold market continues to build on Monday's gap higher, and with inflation pressures expected to ease, the precious metal could attract some safe-haven interest as the U.S. housing sector continues to struggle, with housing construction remaining sluggish.
Gold could attracting modes safe-haven bid as U.S. housing construction drops 15.4% in May
The gold market continues to build on Monday's gap higher, and with inflation pressures expected to ease, the precious metal could attract some safe-haven interest as the U.S. housing sector continues to struggle, with housing construction remaining sluggish.
Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs Inflation Pressure Amid Iran-Israel Conflict – Upside Ahead?
The ongoing US-Iran ceasefire amid Iran-Israel tensions allowed gold and silver to focus on technical recoveries. Gold rebounded off $4,345 channel support while silver traded at $70.60.
Central Banks Are Rethinking Where They Store Their Gold
Fewer central banks now store bullion in London and New York—a reflection of growing geopolitical concerns and the desire to ensure greater control and access to reserves.
Record 45% of central banks plan to increase gold holdings, WGC survey finds
Central bank demand has been a solid pillar of support for the gold market as prices pushed to all-time highs at the start of the year. According to the latest report from the World Gold Council, official-sector demand is expected to remain robust for the foreseeable future.
Gold Edges Higher, Extending Gains After U.S.-Iran Ceasefire
Gold edged higher in early Asian trade, extending gains from Monday after the U.S. and Iran reached an interim peace deal that helped ease global inflation concerns, ANZ Research analysts said.
Gold clears $4,300 as Hormuz deal cuts oil, yield pressure - Kitco PM Report
Spot gold prices are higher and spot silver prices are also sharply firmer after the close Monday, as a tentative U.S.-Iran agreement to reopen the Strait of Hormuz drove crude oil sharply lower, eased inflation fears and pulled Treasury yields down.
Comex Gold Settles 2.68% Higher at $4328.00
Gold settled 2.7% higher and silver rose nearly 3.3%, with both metals up for a second-consecutive session.
The Gold Selloff Looks Overdone
Gold has always had a way of testing investors' expectations.
Gold rallies above $4,350 as oil prices tumble, but analysts say recovery is not complete
The gold market is seeing some solid follow-through buying at the start of the week, as prices have rallied more than 3% early in the North American trading session.
Gold (XAUUSD) Price Forecast: Gold Rally Builds as Iran Deal Cuts Rate Hike Bets
Gold price outlook turns bullish as the Iran deal drives oil lower, weakens the dollar, and supports Fed easing hopes.
