Oct 2 2024, 11:02 Silver (XAG/USD) struggles to capitalize on the previous day’s positive move and oscillates in a narrow trading band, below mid-$31.00s during the Asian session on Wednesday. The white metal, meanwhile, remains close to the weekly low touched on Monday, though the setup favors bullish traders and supports prospects for the resumption…
Oct 2 2024, 02:36 Oil prices climbed about 3% on Tuesday after Iran fired a salvo of ballistic missiles at Israel in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon. Brent futures gained $1.86, or 2.6%, to settle at $73.56 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.66, or 2.4%,…
Oct 2 2024, 15:23 Gold fell following Tuesday’s surge, with markets awaiting the potential next steps in an expanding Middle East conflict after Israel pledged to retaliate against Iran’s missile strikes. Bullion traded around $2,650 an ounce after closing 1.1% higher in the previous session, when Iran launched about 200 ballistic missiles at Israel. President…
Oct 1 2024, 11:56 Gold prices rose in India on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 7,110.69 Indian Rupees (INR) per gram, up compared with the INR 7,099.21 it cost on Monday. The price for Gold increased to INR 82,937.67 per tola from INR 82,803.78 per tola a…
Oct 1 2024, 11:18 The Japanese Yen (JPY) continued to weaken for the second straight day after the release of the Bank of Japan (BOJ) Summary of Opinions from its September Monetary Policy Meeting, along with mixed economic data on Tuesday. The content of the summary indicated no immediate plans for additional interest rate hikes,…
Oct 1 2024, 11:41 Silver (XAG/USD) gained some positive traction during the Asian session on Tuesday and moved away from multi-day lows, around the $30.90-$30.85 region touched the previous day. The white metal is currently trading around the $31.35 region, up 0.60% for the day, snapping two consecutive days of the losing streak and stalling…
