Silver falls 1.65% to $58.97 as stronger yields and a firm dollar pressure precious metals, keeping XAG/USD under downside pressure.
Silver price falls as traders weigh strong yields, oil prices and changing Fed rate expectations.
Gold falls 1% as the stronger US Dollar pressures prices, while traders await Fed minutes for fresh clues on interest rates.
US Dollar gains may slow as softer labor data and cautious Fed policy reduce expectations for further rate hikes.
Gold targets $4,112 as China demand supports prices while higher Treasury yields and Fed hike expectations limit gains.
Gold price retreats toward $4,104 as a stronger US Dollar and higher Treasury yields pressure XAU/USD ahead of Fed minutes.
AUD/USD remains in a tight range as traders assess Fed and RBA rate expectations, with UOB maintaining a neutral near-term outlook.
The Canadian Dollar nears an 18-month low as falling oil prices pressure the CAD, while USD/CAD remains close to 1.4293.
GBP/USD rebounds from 1.3200, but elevated US yields, Fed hike expectations and geopolitical risks limit the Pound’s recovery.
The Euro remains under pressure against the US Dollar as political risks, weak growth concerns and firm US yields weigh on EUR/USD.
Silver prices remain broadly unchanged as traders assess the US Dollar, Treasury yields and Fed rate outlook for the next market move.
Gold remains vulnerable as elevated US Treasury yields and a strong US Dollar weigh on XAU/USD amid shifting Fed rate expectations.
