Gold/Silver (XAU-XAG) Price Today, Forecasts & News | FX Empire

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Gold/Silver
XAU-XAG
Open
80.424
+0.292 (+0.36%)
in:USD•As of: May 17, 2024 06:44 UTC
Prev. Close
80.132
High
80.618
Low
80.067

Stats

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Prev. Close

80.132

High

80.618

Low

80.067

Ask

80.456

Bid

80.392

Spread

0.0640

Price Drivers

Positive

Gold

United States GDP Annual Growth Rate

Value:$2,385.59

Rising gold prices at times of flat silver prices push Gold/Silver ratio higher.

Negative

USD/CNY

USD/INR

Value:$7.22130

Strong USD/CNY is bearish for Gold/Silver ratio as they put pressure on gold demand.

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Economic CalendarAll Events

Time zone: GMT

Friday, May 17th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
02:00	CNY	Retail Sales YoYApr	High	2.3%	3.8%	3.1%
02:00	CNY	Fixed Asset Investment (YTD) YoYApr	Medium	4.2%	4.6%	4.5%
02:00	CNY	Industrial Production YoYApr	High	6.7%	5.5%	4.5%
05:30	EUR	Unemployment RateQ1	Medium	7.5%	7.4%	7.5%
07:50	CNY	FDI (YTD) YoYApr	Medium		-25.0%	-26.1%
09:00	EUR	Inflation Rate YoY FinalApr	Medium		2.4%	2.4%
12:30	CAD	New Housing Price Index MoMApr	Medium		0.0%	0%

Latest News

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FXEmpireAug 9, 2022

Gold-to-Silver Ratio Heading Lower – Setup Like 1989-03

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FXEmpireJul 31, 2022

Gold Price Accession into Recession

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FXEmpireJun 26, 2022

Gold Still Lacks Sally with the S&P’s Relief Rally

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Gold’s 1780s Are Driving Us Crazy!

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Waiting On Silver

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FXEmpireMay 24, 2021

Are Silver Prices Really Cheap; And Does It Matter?

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