Gold, Crude Oil Forecast: XAU Eyes NFPs to Gauge Taper Timeline Appetite

Gold, Crude Oil Forecast: XAU Eyes NFPs to Gauge Taper Timeline Appetite https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/08/03/Gold-Crude-Oil-Forecast-XAU-Eyes-NFPs-to-Gauge-Taper-Timeline-Appetite.html This week’s non-farm payrolls (NFP) will likely be key to gauge the direction of gold as markets look ahead to the Jackson Hole Economic Symposium.

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India Gold price today: Gold falls, according to FXStreet data 16 December 2025

Gold prices fell in India on Tuesday, according to data compiled by FXStreet.

Malaysia Gold price today: Gold falls, according to FXStreet data 16 December 2025

Gold prices fell in Malaysia on Tuesday, according to data compiled by FXStreet.

Gold drifts lower on profit-taking, traders await US NFP release 16 December 2025

Gold price (XAU/USD) loses momentum below $4,300 during the early Asian trading hours on Tuesday, pressured by some profit-taking and weak long liquidation from the shorter-term futures traders. Furthermore, optimism around Ukraine peace talks could weigh on the safe-haven asset like Gold.

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The preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for December is due for release today at 08:30 and 09:00 GMT, respectively.

Silver Price Forecast: XAG/USD breaks below 100-hour SMA pivotal support near $62.50 16 December 2025

Silver (XAG/USD) attracts some sellers during the Asian session on Tuesday and reverses a part of the previous day's move up back closer to the record high. The white metal slides further below mid-$62.00s in the last hour, losing over 2.5% for the day.

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The USD/CAD pair trades in a tight range around 1.3775 during the Asian trading session on Tuesday.

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The Japanese Yen (JPY) climbs to a one-and-a-half-week top against a broadly weaker US Dollar (USD) during the Asian session on Tuesday and seems poised to appreciate further. Market participants seem convinced that the Bank of Japan (BoJ) will raise interest rates this week.

South Korea Money Supply Growth fell from previous 7.2% to 7.1% in October 16 December 2025

South Korea Money Supply Growth fell from previous 7.2% to 7.1% in October

WTI declines below $56.50 on potential Russia-Ukraine peace deal 16 December 2025

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.35 during the Asian trading hours on Tuesday. The WTI price remains under selling pressure amid renewed signs of optimism surrounding a deal to end the war in Ukraine.

GBP/USD remains confined in a range above mid-1.3300s ahead of UK jobs report 16 December 2025

The GBP/USD pair extends its sideways consolidative price move through the Asian session on Tuesday and currently trades around the 1.3370-1.3365 region, nearly unchanged for the day.

NZD/USD weakens below 0.5800 on disappointing Chinese data, US NFP data in focus 16 December 2025

The NZD/USD pair trades in negative territory for the fourth consecutive day around 0.5775 during the early Asian session on Tuesday. The downbeat Chinese economic data exert some selling pressure on the New Zealand Dollar (NZD) against the US Dollar (USD).

PBOC sets USD/CNY reference rate at 7.0602 vs. 7.0656 previous 16 December 2025

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 7.0602 compared to the previous day's fix of 7.0656.

AUD/USD remains depressed below mid-0.6600s; downside seems limited ahead of US NFP report 16 December 2025

The AUD/USD pair attracts some sellers for the fourth straight day on Tuesday and trades around the 0.6630 region, down just over 0.10%, during the Asian session.

Japan Jibun Bank Manufacturing PMI came in at 49.7, above forecasts (48.8) in December 16 December 2025

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Japan Jibun Bank Services PMI declined to 52.5 in December from previous 53.2 16 December 2025

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Australia Westpac Consumer Confidence increased to 94.5% in December from previous 12.8% 15 December 2025

Australia Westpac Consumer Confidence increased to 94.5% in December from previous 12.8%

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The USD/JPY pair loses traction to around 155.10 during the early Asian session on Tuesday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) amid the expectation that the Bank of Japan (BoJ) will raise interest rates at the upcoming policy meeting on Friday.

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Gold, Crude Oil Forecast: XAU Eyes NFPs to Gauge Taper Timeline Appetite

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