Silver Price Forecast: XAG/USD holds gains near $95.00 amid safe-haven demand

Silver price (XAG/USD) hovers around an all-time high of $95.89, reached in the previous session, currently trading around $94.80 per barrel during the Asian hours on Wednesday. Precious metals, including Silver continue to attract buyers amid rising geopolitical tensions.

PBOC sets USD/CNY reference rate at 7.0014 vs. 7.0006 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0014 compared to the previous day's fix of 7.0006 and 6.9578 Reuters estimate.

USD/CAD posts modest gains above 1.3800 amid Trump’s tariff threats

The USD/CAD pair posts modest gains around 1.3835 during the early Asian session on Tuesday. However, the threat of a fresh US trade clash with Europe could weigh on the Greenback against the Canadian Dollar (CAD).

NZD/USD trades with negative bias around 0.5825; downside seems limited

The NZD/USD pair drifts lower during the Asian session on Wednesday and retreats further from the vicinity of a multi-month peak, around the 0.5850-0.5855 region, retested the previous day.

Gold Price Forecast: XAU/USD rises above $4,750 amid US-Europe tensions

Gold price ( XAU/USD) climbs to near $4,775 during the early Asian trading hours on Wednesday. The precious metal extends the rally and is poised for another record high amid a time of political and economic uncertainty.