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...
Gold prices held near a monthly high of $3,395 per ounce, supported by increased demand for safe haven assets ahead of the August 1 US tariff deadline. The White House's statement that President Trump may issue more unilateral tariffs increased market uncertainty. The US dollar weakened 0.5% in the previous session, making gold more attractive to global buyers. Meanwhile, the market continues to monitor the Fed's interest rate outlook ahead of next week's decision. Although the probability of a rate cut remains low, market expectations still point to a total of around 46 basis points of...
Silver prices surged again after Fed Governor Christopher Waller reiterated his support for monetary policy easing in July, citing a weakening labor market and declining inflation risks.As of this writing, silver prices are at $38,461. Source: Newsmaker.id
Gold prices rose on Monday (July 21st), supported by a weaker dollar as investors monitored developments in US trade talks and awaited potential market-moving catalysts, including the Federal Reserve's policy meeting scheduled for next week.As of this writing, gold prices were at $3,365 Source: Newsmaker.id
Silver (XAG/USD) held around $38.20 per troy ounce during Monday's Asian session, following a slight decline. Technically, silver is still trending upward within a bullish channel pattern. The 14-day Relative Strength Index (RSI) remains above 50, and the price is above the 9-day moving average (EMA), indicating strong short-term upward momentum. If buying pressure persists, XAG/USD could potentially break through the $39.13 resistance—its highest level since 2011—and continue its upward movement toward the upper boundary of the channel at the psychological $41.50 level. However, if a...
Gold prices rose to around $3,350 per ounce on Monday (July 21), marking a second consecutive session of gains as investor concerns about President Donald Trump's tariff policies grew. U.S. Commerce Secretary Howard Lutnick stated on Sunday that August 1 was the deadline for countries to begin paying the so-called reciprocal tariffs, but he noted that negotiations could continue beyond that date. Source: Newsmaker.id
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.
It...
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...