United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan's tour of Gulf countries is aimed at coordinating positions after Tuesday's Israeli attack on Hamas leaders in Doha, his diplomatic adviser said on Thursday. "The President's Gulf tour reflects a deep conviction in strengthening coordination and cooperation, and in reinforcing the concept of a common destiny," Anwar Gargash said in a post on X. Israel attempted on Tuesday to kill Hamas political leaders in an airstrike on the Qatari capital, escalating its military campaign in the Middle East and prompting a flurry of...
Gold fell as haven demand ebbed after US President Donald Trump announced that Israel and Iran had agreed to a ceasefire. Bullion fell as much as 1.6% to below $3,320 an ounce on Tuesday. Trump, who made the surprise announcement on his Truth Social platform days after ordering airstrikes on Iran's nuclear facilities, said the accord is aimed at a lasting end to the fighting and warned against violations. Israeli Prime Minister Benjamin Netanyahu confirmed later that his country has agreed to a truce after achieving its war goals in Iran. Rising haven demand because of...
Silver is currently showing an attractive performance in the global market, supported by a combination of macroeconomic factors, geopolitics, and solid industrial demand. The price of silver, which had previously weakened in the Asian session, has strengthened again and returned to the $36 area. President Trump said on Monday that a "complete and total" ceasefire between Israel and Iran would come into effect to end the conflict between the two countries. He also added that Iran would immediately begin a ceasefire, followed by Israel after 12 hours. Trump's comments came shortly after Iran...
Silver prices rose during Asian hours on Tuesday (6/24). Silver depreciated as a ceasefire agreement between Israel and Iran reduced demand for safe havens. On Monday, Federal Reserve (Fed) Vice Chair for Supervision Michelle Bowman could support a July interest rate cut as risks to the job market may increase. Bowman also highlighted that inflation appears to be on a sustainable path back to 2%, and she is less concerned that tariffs will cause inflation problems. Source: Newsmaker.id
Gold prices weakened amid easing geopolitical tensions after President Donald Trump announced a total ceasefire between Israel and Iran. Spot gold fell around 0.6% to $3,351.79 per ounce, as the market began to release safe haven assets and return to hunting for risky instruments. The tensions that previously drove the surge in precious metal prices are now considered to have decreased significantly, reducing demand for gold. From a technical perspective, gold prices are showing short-term correction signals after failing to stay above the psychological resistance level of $3,370. Investors...
Silver rose during Asian trading hours on Monday (6/23). The white metal attracted some buyers amid rising tensions in the Middle East after the US bombed an Iranian nuclear site. The United States carried out airstrikes on three nuclear sites in Iran early Sunday despite US President Donald Trump's long-standing pledge to avoid new foreign conflicts. 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.
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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...