“The price of Gold went on a bit of a rollercoaster ride on Thursday, Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen notes. Gold Swings $100 as trade tensions ease, inflation cools “After briefly dipping towards $3,120 per troy ounce, it recovered by more than $100 at times over the course of the […]
Gold prices fell in Pakistan on Friday, according to data compiled by FXStreet. The price for Gold stood at 29,134.04 Pakistani Rupees (PKR) per gram, down compared with the PKR 29,333.40 it cost on Thursday. The price for Gold decreased to PKR 339,813.20 per tola from PKR 342,139.00 per tola a day earlier. Unit measure
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout through a descending channel resistance favor bears. The formation of a bullish flag pattern supports prospects for the emergence of some dip-buying. Silver (XAG/USD) extends the previous day’s retracement slide from the $33.20-$33.25 resistance zone
Gold price struggles to capitalize on its weekly gains registered over the past two days. The optimism over US-China trade talks is seen weighing on the safe-haven commodity. Investors now look to the crucial FOMC policy decision for a fresh directional impetus. Gold price (XAU/USD) recovers slightly from the Asian session low, around the $3,360
Gold price rallies more than 2% on Monday with nervousness towards the Fed interest-rate decision. Geopolitical risks coming from Trump and Israel are pushing investors back into Gold. The Greenback is losing its status as safe haven in favor of Bullion. Gold (XAU/USD) rises by more than 2% on Monday to $3,317 at the time
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $63.19 per barrel, up from Friday’s close at $62.97. Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.90. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on
Gold price rebounds from the Asian session trough as the USD stalls its recovery from a multi-year low. The weakening investors’ confidence in the US economy and Fed rate cut bets weigh on the Greenback. The optimism over easing US-China tensions remains supportive of the risk-on impulse and caps the XAU/USD pair. Gold price (XAU/USD)
Gold prices rose in Saudi Arabia on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 420.26 Saudi Riyals (SAR) per gram, up compared with the SAR 413.08 it cost on Monday. The price for Gold increased to SAR 4,902.14 per tola from SAR 4,818.14 per tola a day earlier. Unit
Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 398.67 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 392.97 it cost on Friday. The price for Gold increased to AED 4,649.99 per tola from AED 4,583.58 per tola on
Gold price edges lower in Friday’s Asian session, pressured by profit-taking. Mounting uncertainty about tariffs and recession fears could boost the safe-haven flows, supporting the Gold price. Fed’s Daly is set to speak later on Friday. The Gold price (XAU/USD) holds steady on Friday after retreating from an all-time high of $3,358 as investors book
Gold prices rose in Malaysia on Friday, according to data compiled by FXStreet. The price for Gold stood at 458.71 Malaysian Ringgits (MYR) per gram, up compared with the MYR 453.15 it cost on Thursday. The price for Gold increased to MYR 5,350.24 per tola from MYR 5,285.45 per tola a day earlier. Unit measure
Gold prices rose in Philippines on Thursday, according to data compiled by FXStreet. The price for Gold stood at 5,613.30 Philippine Pesos (PHP) per gram, up compared with the PHP 5,586.39 it cost on Wednesday. The price for Gold increased to PHP 65,472.48 per tola from PHP 65,158.58 per tola a day earlier. Unit measure
Gold price ticks lower on Wednesday amid some USD dip-buying. A positive risk tone further weighs on the safe-haven precious metal. Trade jitters, US recession fears, and Fed rate cut bets help limit losses. Gold price (XAU/USD) struggles to capitalize on the previous day’s move higher and attracts some intraday sellers during the Asian session
Gold price edges higher and snaps a three-day losing streak amid a softer USD. Bets that the Fed will resume its rate-cutting cycle soon also support the bullion. Traders now look to Tuesday’s US macro data and Fed speak for a fresh impetus. Gold price (XAU/USD) sticks to modest intraday gains through the early European
Here is what you need to know on Tuesday, March 18: Gold benefits from escalating geopolitical tensions and trades at a new record-high above $3,000 early Tuesday. The European economic calendar will feature Economic Sentiment data from Germany and Euro area Trade Balance readings. In the second half of the day, Industrial Production and housing
Gold prices remained broadly unchanged in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 360.25 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 360.42 it cost on Thursday. The price for Gold was broadly steady at SAR 4,201.91 per tola from SAR 4,203.82 per
Gold prices remained broadly unchanged in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 350.93 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 350.96 it cost on Friday. The price for Gold was broadly steady at SAR 4,093.09 per tola from SAR 4,093.57 per
