Renewed tensions between the United States and Russia have resurfaced following an incident involving an oil tanker, sparking market concerns about potential disruptions to global energy supplies. Washington's move, associated with tightening oversight and enforcement of sanctions on Russian oil shipments, is viewed by Moscow as provocative and could worsen relations between the two countries. Russia views these actions as an attempt by the United States to suppress Russian energy exports and strengthen its dominance in the global oil market. Meanwhile, Washington argues that these measures...
Silver Prices Move Down In Europe Silver prices fell to $30 an ounce on Wednesday (11/20) as the escalating Russia-Ukraine conflict eased. On Tuesday, silver briefly rose above $31.50 after Russia lowered its threshold for a potential nuclear attack. However, market concerns eased after Russian Foreign Minister Sergei Lavrov said the country would "do everything possible" to avoid nuclear war, and the US indicated it saw no reason to adjust its nuclear policy. Note: This article is only an analysis and is not a definitive reference. Always pay attention to the fundamental and technical...
The gold market (XAU) is highly sensitive to geopolitical developments. Changes in Russia's nuclear policy have raised concerns about nuclear escalation. In addition, Ukraine's use of US-supplied ballistic missiles has increased demand for gold as a safe haven asset, pushing the price to $2,640, a clear reflection of investor risk aversion. The current gold price is at $2638/ toz. Source: newsmaker.id
Silver (XAG/USD) prices are still maintaining their positive trend, trading around $31.20 per troy ounce during the Asian session on Wednesday (11/20). Silver prices are likely to come under pressure after China's Monetary Policy Committee decided to maintain its benchmark interest rate for November. Meanwhile, higher interest rates in China, a major global manufacturing hub for electronics, solar panels, and automotive components, are likely to dampen industrial demand for Silver. Source: newsmaker.id
Gold rise 0.7% to $2,630 a troy ounce, as a sharp decline in prices last week prompted renewed interest. The precious metal had tumbled around 4.5% a week prior. Since the arguments in favor of gold haven't changed, the lower price level is likely pulling in renewed buying interest, Commerzbank analysts say in a note. U.S. inflation is likely to rise noticeably due to the expected tariff policy of President-elect Trump, without the Fed reacting by tightening monetary policy, says Commerzbank's Carsten Fritsch. Source: newsmaker.id
Gold prices are in the $2625 area after touching the $2639 area today.The precious metal is stable amid concerns about rising geopolitical tensions as Russian President Vladimir Putin approved a revision of the country's nuclear policy. The move has raised fears of a nuclear war, prompting investors to turn to safe haven assets such as Gold. Source: newsmaker.id
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
European stock indices closed marginally lower on Wednesday as equities took a breather from their recent strong momentum, while investors continued to assess the outlook for the ECB's policy this...
The upcoming Supreme Court ruling on the legality of President Donald Trump's massive tariffs, which rocked markets in April, is one of the next major tests for US stocks and bonds.
Equity markets...