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Bad news for the US economy is good for gold – Nonfarm Payrolls rose by only 559,000 in May, below 664,000 expected and on top of only meager upward r

This is not the breakout gold bulls were hoping for – after "hugging" the $1,900 level for long sessions, XAU/USD broke sharply to the downside. A tri

Gold price is consolidating just below the $1900 level, as the bears take a breather after Tuesday’s $25 decline from five-month tops of $1917. The ma

6/2/2021 2:02:42 PM GMT | By Yohay Elam Gold has been clawing its way back above the round $1,900 level. The Confluence Detector shows that the precious metal is trading in  It seems impossible to keep XAU/USD down for too long – the precious metal has staged a comeback and trades above the $1,900 at the time of writing. The dip below that level was triggered by robust US data, especially signs of rising inflation. While the precious metal is often see...

Does gold serve as a hedge against inflation or will higher returns on US debt make the yieldless precious metal worth less? That debate rages on and

May 28, 2021 11:46 GMTFXStreet News Silver price is feeling the pull of the gravity, as firmer US dollar and Treasury yields dent its appeal. Further, China’s commitment to reinforce curbs on the commodities, in order to stem the price rise, continues to weigh on the industrial metal. However, rising inflation expectations and a larger US stimulus could help check the downside in silver. How is silver price positioned on the technical charts? Silver Price: Key levels to watch The Technical C...

Gold price holds gains above $1900, four-month highs. Rising inflation concerns, dovish Fed continue to pressure DXY, yields. Gold Price Forecast: XAU/USD

May 26, 2021 16:21 GMTFXStreet News Gold price holds gains above $1900, four-month highs. Rising inflation concerns, dovish Fed continue to pressure DXY, yields. Gold Price Forecast: XAU/USD breaks through $1900, room for additional upside? Update May 26: The sharp decline witnessed in the US Treasury bond yields provided a boost to gold on Tuesday and the XAU/USD pair gained 1%. With XAU/USD breaking above the $1,900 psychological level on Wednesday, a technical buying wave got triggered an...

; Silver Price Analysis: XAG/USD’s path of least resistance appears to the downside – Confluence DetectorNEWS | 5/20/2021 9:04:54 AM GMT | By Dhwani Mehta Silver price is once again witnessing two-way movements so far this Thursday, although remains capped below the $28 mark. The upside attempts in the white metals appear limited, thanks to the revival of the Fed’s tapering expectations and China’s crackdown to stabilize the commodities market. S...

; Gold Price Analysis: $1874 remains a tough nut to crack for XAU/USD ahead of FOMC minutes – Confluence DetectorNEWS | 5/19/2021 9:51:44 AM GMT | By Dhwani Mehta Gold price falls after facing strong resistance once again at $1874. US dollar rebound with yields, risk-aversion dominates ahead of FOMC minutes.   Gold price is on a corrective decline ahead of the FOMC minutes showdown, having refreshed three-month highs at $1874 earlier on. The market mo...