Gold and silver consolidate as investors weigh sticky inflation data against the ongoing ceasefire. Gold bounces at $4,697 support while silver rides strong ascending momentum toward $88.
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold edges higher to near $4,700 as Trump-Xi summit looms
Gold remains trapped beneath major resistance as traders watch the 100-day moving average to determine whether recovery strength or renewed bearish pressure prevails.
Gold prices fell for a second day as hot inflation data, rising Treasury yields and a stronger dollar pressured XAU/USD below key resistance.
Gold slips as hot US PPI lifts US yields and US Dollar
Silver traders ignore strong dollar and rising Treasury yields.
The gold market has pulled back early on Wednesday, as we are looking to find some kind of clarity. Unfortunately, that clarity won't be coming anytime soon as the leaders of a few countries continue to drag out the conflict.