May 6 2025, 06:51 Gold edges lower in early Asian trade on a likely technical correction after front-month gold futures closed 2.5% higher on Monday. However, support has been found at the 20-day simple moving average, and the precious metal’s momentum has realigned with the well-established bullish trend on the daily chart, says Matt Simpson,…
May 5 2025, 12:32 Silver (XAG/USD) prices halted a four-day decline, trading near $32.10 during the Asian session on Monday (05/05). The precious metal regained ground as ongoing uncertainty surrounding US-China trade talks fueled safe-haven demand. On Friday, China’s Ministry of Commerce said it was considering a proposal from the United States (US) to resume…
May 5 2025, 13:05 The USD/CHF pair struggled to capitalize on Friday’s US jobs data-led uptick from the 0.8200 level and attracted fresh sellers at the start of a new week. However, the spot prices remained confined within a familiar range for the past two weeks and are currently trading around the 0.8235-0.8230 region, down…
Apr 28 2025, 13:38 Gold price (XAU/USD) maintains its offered tone through the Asian session on Monday and currently trades below the $3,300 round-figure mark, down 0.75% for the day. Despite mixed signals from the US and China, investors remain hopeful over the potential de-escalation of tensions between the world’s two largest economies. Moreover, a…
Apr 25 2025, 15:15 Gold price (XAU/USD) recovers slightly from the daily low and climbs back above the $3,300 mark in the last hour, though it retains the negative bias through the first half of the European session on Friday. China’s Foreign Ministry denied any ongoing negotiations with the US on tariffs, keeping a lid…
Apr 24 2025, 13:05 Gold price (XAU/USD) trims a part of intraday gains, though it retains positive bias for the first time in three days and holds comfortably above the $3,300 mark through the Asian session on Thursday. Hopes for a possible US-China trade deal, along with easing fears about the Federal Reserve’s (Fed) independence,…
