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Gold Price Today: XAU/USD Struggles Near $3,340 as Market Awaits Key Events
Gold Price Today: If you’ve been tracking gold prices this week, you might have noticed that XAU/USD Struggles hard time moving up. Even though the US Dollar is weaker, gold hasn’t been able to take full advantage of it. As of now, it’s trading in a tight range near $3,340, close to a two-week low, and just below the $3,350 resistance zone.
Silver Price Forecast: Silver slips as US Dollar firms on strong PPI data
Silver Price Forecast: Silver (XAG/USD) edges lower on Thursday, snapping a two-day losing streak as stronger-than-expected US Producer Price Index (PPI) and upbeat Jobless Claims data bolster the US Dollar. At the time of writing, the metal is trading near $38.00 during the American session, down nearly 1.30% on the day.
Gold Prices Rise for Third Day Amid Fed Rate Cut Expectations
Fed Rate Cut Expectations : Gold prices climb for the third consecutive session as investors anticipate a U.S. Federal Reserve interest rate cut. Dollar weakens, boosting precious metals.
Gold price today: MCX gold rate trades above ₹1,00,000 per 10 grams on US Fed rate cut hopes, silver prices rise
MCX Gold rate today: Gold prices rose for a third day on increased bets of Federal Reserve interest-rate cuts after Treasury Secretary Scott Bessent urged the US central bank to lower borrowing costs.