Gold edges higher to around $4,530 during the early Asian session on Friday. Silver is the other live metals tape.
Gold edges higher to around $4,530 during the early Asian session on Friday. That is the FXStreet stamp, dateModified 20 August 23:37 UTC. This is the Friday daily. It is not a recut of last night’s $4,522 tape. Friday’s silver is the other live metals tape.
The same page says the metal rebounds after falling on the Treasury’s decision to boost longer-dated buybacks. Treasury Secretary Scott Bessent said on Thursday the buyback could increase beyond $4 billion, and that interest rates have nothing to do with that decision.
FXStreet reprints the CME FedWatch Tool at a 36.2% chance of a Fed hike at the upcoming meeting, down from 47% a month earlier. Energy-driven inflation, the same page writes, may still limit the upside.
TD Securities, as reprinted there, says the Treasury’s signal to support the long end, alongside a Fed willing to look past higher energy prices, should be enough to support gold in the near term.
Live gold is on prices. The next stamps sit on the economic calendar.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
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Silver slides near $64.35 (−4.39%), below $65, as hot PPI lifts Fed hike bets. FedWatch ~70% this stamp, up from about 61% pre-data. DXY ~98.90; 10y ~4.92%.
Gold near $4,368 (−0.75%) as hot PPI keeps Fed hike odds elevated. FedWatch ~64% next-week hike vs Reuters economists’ pause through year-end — both quoted, not averaged. DXY ~98.96; 10y ~4.92%.
Gold slides near $4,346 after an intraday high of $4,434 as hot PPI lifts the dollar, yields and Fed hike pricing. FedWatch ~64% next-week hike vs Reuters economists’ pause through year-end — both quoted, not averaged.