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...
The price of gold shifted to the $ 2600 area tonight, after having declined steep to the level of $ 2523 after the US presidential election.Goldman Sachs Group Inc. Reaffirming the estimated price will rise to $ 3,000 per ounce at the end of next year, with analysts advising investors to "find gold." The bank includes speculation in gold bars among its top commodity choices for 2025 related to the trimming of the Fed's interest rates, the central bank continues to buy precious metals and Trump holds the position of the President. Source: Newsmaker.id
Silver prices moved to the $30.7 area this afternoon, after dropping to the $29 level after the US Presidential election. Technical indicators on the daily chart are holding in the negative territory and are still far from the oversold zone. Hence, any further upward movement is likely to face stiff resistance and remain capped near the $31.00 round figure. Concerns about escalating geopolitical tensions, along with a weaker US Dollar (USD), turned out to be the key factors that acted as a boost for the safe-haven precious metal. However, expectations of a less dovish Federal Reserve...
Gold prices are still stable around $2586 per troy ounce in the European session on Monday. Until now, gold has only been able to touch its highest area of $2590. Concerns about increasing geopolitical tensions, along with the weakening US Dollar (USD), turned out to be the main factors that acted as a driver for the precious metal which became a safe haven. However, expectations of a less dovish Federal Reserve (Fed) limited the increase in the yellow metal which did not produce unbalanced results. The price of Gold when this news was released was +1.00% and was at the level of $2586...
Silver prices rose around $30.60 an ounce on Friday but were still on track for a fourth straight weekly decline, as a stronger US dollar continued to weigh on the precious metal. The dollar's rally was somewhat muted in Asia today. In addition, the market sharply reduced the probability of a quarter-point rate cut at the Fed's December meeting, with the odds dropping to around 59%, down from 82.5% the previous day. Silver prices at the time of writing were +1.5% and were at $30,711 Toz. Source: newsmaker.id
Harga Perak bergerak di Area $30.2 pada siang ini, setelah sempat menyentuh $30.6. Logam Putih ini masih berada di jalur untuk mencatat penurunan mingguan keempat berturut-turut, karena penguatan dolar AS terus membebani logam mulia tersebut. Reli dolar didorong oleh ekspektasi penurunan suku bunga Federal Reserve yang lebih sedikit, menyusul komentar dari Ketua Fed Jerome Powell pada hari Kamis Sumber: 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...