Gold (XAUUSD) & Silver Price Forecast: Gold Faces Oil-Fed Rate Fears as Russia Keeps Selling, Can Gold Hold $4,079?

Gold (XAUUSD) and silver price forecast: oil-fed Fed hike bets and Russian sales push gold toward $4,079 support as silver breaks below $56.92.

FXEmpire • 20 hours ago

Gold, silver pressured despite lower yields as Hormuz attacks send crude higher - Kitco AM Report

Spot gold and silver prices were sharply lower in early U.S. trading Thursday, as renewed attacks on commercial shipping in the Strait of Hormuz and rising Middle East tensions pushed crude oil prices higher.

Kitco • 13 hours ago

Precious metals tumble despite falling yields as Hormuz tensions intensify - Kitco PM Report

Spot gold and silver prices were sharply lower in late U.S. trading Thursday, as renewed Middle East tensions sent crude oil prices higher, reinforcing inflation concerns and expectations for additional Federal Reserve tightening.

Kitco • 5 hours ago

Gold Faces Geopolitical Pressure Despite 10-Year Real Yield Drop to 2.77%

Gold falls despite easing real Treasury yields as geopolitical tensions intensify, putting critical $4,000 support in focus ahead of the Fed meeting.

FXEmpire • 12 hours ago

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 2.5% As Meta Boosts AI Spending

Meta's spending plans triggered a strong sell-off in precious metals markets.

FXEmpire • 9 hours ago

Gold is Flat, Likely to Consolidate in Near Term

Gold was steady in early Asian trade. Selling pressure on the yellow metal has eased, but buying interest remains insufficient to establish a new direction, XS.com said.

WSJ • 2 hours ago

Gold prices struggling as U.S. weekly jobless claims fall to three-month low

The gold market is struggling below $4,100 an ounce and could see further selling pressure as the U.S. labor market remains relatively healthy, with the number of American workers applying for unemployment benefits dropping more than expected.Initial claims for state unemployment benefits came in at a seasonally adjusted 194,000 for the week ending October 17, the Labor Department announced Thursday. The number was below expectations, as consensus estimates had forecast a steady reading of 200,000 claims.

Kitco • 13 hours ago

Gold prices under pressure as US weekly jobless claims fall to three-month low

The gold market is struggling below $4,100 an ounce and could see further selling pressure as the U.S. labor market remains relatively healthy, with the number of American workers applying for unemployment benefits dropping more than expected.Initial claims for state unemployment benefits came in at a seasonally adjusted 194,000 for the week ending October 17, the Labor Department announced Thursday. The number was below expectations, as consensus estimates had forecast a steady reading of 200,000 claims.

Kitco • 13 hours ago

‘Gold is no silver bullet' and isn't hedging against equity drawdowns, but ‘debasement trade' should continue – HSBC

Gold will continue to benefit from the debasement trade despite its recent weakness, but precious metals investors would do well to diversify, as the yellow metal hasn't provided effective protection against recent stock market pullbacks, according to market strategists at HSBC Asset Management.

Kitco • 13 hours ago

Gold and silver are not the best inflation hedges; investors should diversify into the commodity supercycle – Auspice Capital

Gold's disappointing performance in recent months is further proof that it is not a reliable inflation hedge, and while it remains an important diversification tool, one fund manager says investors should be looking at broad-based exposure to commodities as the global economy enters what could be a generational supercycle.

Kitco • 10 hours ago