Less than four months ago, President Donald Trump met with Qatar's leader, praised his magnificent palace, and signed a comprehensive defense agreement with the Gulf monarchy, a key ally that hosts the largest US base in the Middle East. Israel's surprise attack on Hamas leaders in Doha on Tuesday has shaken the relationship, angered Trump, and drawn strong condemnation from Doha and its Western allies. Ordered by Israeli Prime Minister Benjamin Netanyahu and targeting the Palestinian militant group's political offices, the attack killed a Qatari security agent and five others, but failed...
Silver is currently at $39,290, supported by a weakening US dollar and global trade concerns, which are driving interest in safe-haven assets. Expectations of a Fed rate cut and industrial demand are also supporting prices. Technically, silver remains in an uptrend. Strong support is at $39.00, while the nearest resistance is at $39.50. A breakout of this resistance opens the potential for a rally to $40.00. The RSI is approaching overbought territory, signaling a possible short-term consolidation.Source: Newsmaker.id
Gold maintained its three-day rally as US President Donald Trump announced a highly anticipated trade deal with Japan, signaling progress in tense negotiations ahead of his August 1 tariff deadline. Bullion prices are trading near $3,430 an ounce, up 2.5% so far this week as Trump announced he would impose 15% and 19% tariffs on goods from Japan and the Philippines, strategic geopolitical allies. With several countries racing to secure trade deals, investors are seeking clarity, particularly on progress with China. Source: Newsmaker.id
The price of silver (XAG/USD) weakened slightly, approaching $38.80 at the start of the European trading session on Tuesday (July 22nd). However, the precious metal remains near its decade-high of around $39.00. The outlook for this precious metal remains bullish due to high demand for safe-haven assets due to ongoing concerns over global trade flows.As of this writing, the price of silver is at $38,837. Source: Newsmaker.id
Gold prices (XAU/USD) weakened slightly on Tuesday after two days of gains. However, the safe-haven metal is likely to strengthen due to uncertainty ahead of US President Donald Trump's tariff deadline on August 1st. Market sentiment has also deepened due to growing concerns about the independence of the Federal Reserve (The Fed).As of this writing, gold prices are at $3,388. Source: Newsmaker.id
Silver prices (XAG/USD) weakened slightly, approaching $38.80 at the start of the European trading session on Tuesday (July 22nd). However, the precious metal remains near its decade-high of around $39.00. The outlook for the precious metal remains bullish due to high demand for safe-haven assets due to ongoing concerns over global trade flows. Escalating trade tensions between the United States (US) and the European Union (EU) have heightened trade tensions worldwide, given the scale of business between the two countries. EU officials are preparing countermeasures to offset the impact of...
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Less than four months ago, President Donald Trump met with Qatar's leader, praised his magnificent palace, and signed a comprehensive defense agreement with the Gulf monarchy, a key ally that hosts...