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...
Gold reached an all-time high, continuing its extraordinary rally fueled by geopolitical tensions and a weakening US dollar. Spot gold prices rose 1.2% to above $4,530 per ounce, influenced by tensions in Venezuela and the US offensive against ISIS in Nigeria.The weakening US dollar also supported the surge in this precious metal. The Bloomberg Spot Dollar Index fell 0.7% this week, giving gold and silver room to continue strengthening. Massive buying by central banks and ETFs also contributed to the price increase. Furthermore, platinum also recorded a significant surge, rising 40% this...
World oil prices moved slightly higher in today's trading, with Brent rising slightly to around US$62.3 per barrel and WTI around US$58.4 per barrel, as the market weighed geopolitical tensions in Venezuela and Nigeria, plus the risk of supply disruptions that have boosted demand for oil safety. Sentiment remains cautious due to low trading volumes amid the year-end holidays, so price movements are likely to be limited and sensitive to global news. What This Means for the Market: Despite a small surge in geopolitical momentum, overall oil fundamentals still point to downward pressure due to...
Silver continues its rally, reaching a record high of around $75 per ounce, driven by a combination of strong industrial demand, tight supply, and growing expectations of a Fed interest rate cut. This price increase is also reflected in the domestic market, where Antam silver rose by around Rp900 to Rp44,965 per gram, demonstrating investor interest in the white metal as a hedge and strategic commodity. Why Silver Is Shining: Silver's fundamentals remain solid due to a structure of demand that exceeds supply, particularly from the technology, clean energy, and electronics sectors—while...
Gold Continues to Break Records Supported by Global Concerns and the Fed: Gold prices reached an all-time high of around US$4,500 per ounce in today's trading, driven by strong safe-haven demand amid global economic uncertainty and strong expectations that the Federal Reserve will cut interest rates further in 2026. The weakening US dollar, rebounding global risk indicators, and widespread capital flows into safe assets have made gold increasingly attractive as a hedge in investor portfolios. Market Structure Factors Remain Bullish: In addition to monetary sentiment, central banks in...
Gold prices (December 24th) in the European session were stable at $4,491 ahead of Christmas Day tomorrow, with the market closing early tonight. Gold prices surged past $4,500 per ounce for the first time, while silver, platinum, and palladium also hit record highs. This increase was driven by surging demand for safe haven assets amid geopolitical and global trade risks, as well as expectations of further US interest rate cuts in 2026. Investors flocked to precious metals as a hedge.According to analysts, this trend is reinforced by the de-globalization narrative, where gold and precious...
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...