
Silver Price Forecast: XAG/USD remains under pressure near $63 ahead of Fed's policy decision
Silver Price Forecast: XAG/USD remains under pressure near $63 ahead of Fed's policy decision
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Silver Price Forecast: XAG/USD remains under pressure near $63 ahead of Fed's policy decision

Gold and silver remain pressured as the 10-year Treasury yield tops 5% and markets await the Fed decision and Warsh's guidance on further hikes.

USD/JPY rose to 154.87 on Tuesday, with the Japanese yen weakening for a second consecutive session. Pressure on the yen has intensified as the US dollar strengthens ahead of an expected Federal Reserve rate increase this week.

XAU/USD price outlook: Gold Spot/US Dollar tests 1 (100%) Arc

Pound-Euro could come under pressure if UK jobs data weakens BoE expectations, while stronger German sentiment may offer the Euro support. The Pound Euro (GBP/EUR) exchange rate climbed on Monday, hitting a two-week high, as strength in the US Dollar (USD) weighed on the single currency.

USD/CAD Price Forecast: Tests 50-day EMA barrier amid potential bullish breakout

Pound-Dollar could face further pressure if UK jobs data disappoints, while Fed rate hike expectations may continue to underpin the US Dollar. The Pound US Dollar (GBP/USD) exchange rate weakened on Monday as expectations for a Federal Reserve interest rate hike this week boosted the ‘Greenback'.

US Treasury yields have backed up hard across both nominal and real curves heading into what's expected to be the Fed's first interest rate hike since July 2023.

Pakistan Gold price today: Gold rises, according to FXStreet data

United Arab Emirates Gold price today: Gold rises, according to FXStreet data

Philippines Gold price today: Gold rises, according to FXStreet data

Saudi Arabia Gold price today: Gold rises, according to FXStreet data

Malaysia Gold price today: Gold steadies, according to FXStreet data

India Gold price today: Gold steadies, according to FXStreet data

Gold bounces off 50-SMA support; bearish bias remains amid Fed hike bets and firmer USD