India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Gold steadies above YTD low on softer USD; bearish bias remains amid Fed hike bets
Gold hit the lowest in ten weeks on Wednesday, following fresh acceleration after breaking below the lower boundary of a bear-channel (which repeatedly contained attacks in few previous sessions).
Gold is amid one of its weakest June's this century, yet futures traders are slashing bearish bets as 4,000 support comes int.
Gold falls to multi‑month low below $4,050 as hot US inflation boosts Fed hawkish bets
Precious metals are losing ground as traders react to U.S. CPI report.
Gold sees more selling on Wednesday, as the market finds itself well below the crucial 200-day EMA indicator. At this point, gold looks very weak.
Gold extends sell-off ahead of US CPI inflation data
As the ceasefire remains intact beyond nine weeks amid Iran-Israel tensions and hot CPI data weighs on rate-cut hopes, gold faced strong selling pressure under $4,500 while silver plunged to $64.17. Strong central bank demand and silver's industrial shortages provide longer-term resilience
Commodity prices remain under pressure, shifting focus toward short-term selling risks and potential long-term dip-buying opportunities as progress toward resolving the Middle East conflict stalls.