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 rose on market expectations that the Fed would cut interest rates again after weak US economic data and core inflation remained above target. This condition pressured the dollar and prompted investors to seek safe assets like gold. Furthermore, demand from central banks and institutional investors remained strong, while geopolitical uncertainty maintained buying interest. Technically, gold's bullish momentum remains intact despite a slight correction.At the time of writing, the gold price was at $3,753.Disclaimer:This article is analytical in nature and is not a definitive reference....
Silver is currently trading around $44 during the Asian session on Tuesday, supported by strong industrial demand from solar panels, electric vehicles, and electronics. Global supply remains limited, creating a deficit that keeps prices strong.From a macro perspective, expectations of a US interest rate cut have weakened the dollar and increased investor interest in safe-haven assets like silver. Global geopolitical and economic uncertainty has also added to the demand for this precious metal. (ads) Silver price at the time of writing is $44.000 Disclaimer:This article is analytical in...
Gold (XAU/USD) maintained strong intraday gains, comfortably above the $3,700 level, its record high, poised for further gains.At the time of writing, Gold was at $3,721. Source: Newsmaker.id
Silver prices surged to around $43.50 per day on Monday, reaching a 14-year high. This increase was driven by expectations that the US Federal Reserve would soon cut interest rates again.At the time of writing, silver prices were at $43,678. Source: Newsmaker.id
Crude oil prices rose on Monday, driven by geopolitical tensions in Europe and the Middle East, although market concerns remained over potential additional supply and the impact of trade tariffs on global demand. Brent crude rose 0.67% to $67.13 per barrel, while the October WTI contract rose 0.75% to $63.15 before expiry today. The more active November WTI contract also rose 0.69% to $62.83. The price surge was triggered by reports that Russia had increased military activity near the Polish border, including a violation of NATO airspace in Estonia and military aircraft activity over the...
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...