If Israel failed to kill Hamas leaders in an air strike on Qatar on Tuesday, it would succeed next time, the Israeli ambassador to the United States said after the operation, which raised concerns it would torpedo efforts to secure a ceasefire in Gaza. "Right now, we may be subject to a little bit of criticism. They'll get over it. And Israel is being changed for the better," Yechiel Leiter told Fox News' "Special Report" programme late on Tuesday. Israel attempted to kill the political leaders of Hamas with the attack in the Qatari capital Doha on Tuesday, escalating its military action...
Silver prices rose on Thursday (August 28th), amid growing speculation that the Federal Reserve will cut interest rates sooner than expected. Dovish statements by several Fed officials fueled expectations of monetary policy easing, increasing the appeal of precious metals as a hedge. In addition, ongoing geopolitical tensions in Eastern Europe and concerns about a global economic slowdown also supported safe-haven demand. Investors also eyed the latest US economic data, which showed signs of moderating inflation, strengthening bullish sentiment on precious metals, including gold and...
Gold fell to the $3,380 area on Thursday, retreating slightly from a two-week peak ahead of Friday's PCE release (August 29th, WIB), the Fed's inflation benchmark. Political uncertainty—including the controversy surrounding the attempted dismissal of Fed Chair Lisa Cook—kept safe-haven bids, but a rising dollar and stable real yields limited near-term upside. On the policy front, market pricing, which now places an 89% chance of a 25 bps cut in September, has softened the forward rate curve, supporting gold's hold near record levels despite increased volatility. DISCLAIMER Note: This...
Silver hovered around $38,605 during the Asian session on Thursday (August 28th), slightly correcting from the $39.00 area with limited volatility. Intraday, $38.50 serves as the closest support, while $38.90–$39.10 is the area that needs to be broken to restore upward momentum. Fundamentally, concerns over the Fed's independence maintain safe-haven demand, but a stronger USD limits gains. Expectations of a Fed rate cut remain supportive of precious metals, with the focus on Friday's US PCE data. On the industrial demand side, tariff/dealing issues and mixed Chinese data are holding back...
Gold prices corrected on Wednesday (August 27th), after rallying to a two-week high earlier, fueled by concerns about the Fed's independence. Safe-haven sentiment began to ease as the US dollar strengthened and US bond yields stabilized, although political tensions between President Donald Trump and Fed Chair Lisa Cook still loomed over the market. Source: Newsmaker.id
Silver prices weakened on Wednesday (August 27th), as the US dollar strengthened slightly after being pressured by concerns about the independence of the Federal Reserve. President Donald Trump's attempt to dismiss Fed Chair Lisa Cook triggered an influx of funds into safe-haven assets, including precious metals. However, the recovery of the dollar index above 98 again put pressure on silver and other precious metals. 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...
Poland shot down a drone in its airspace on Wednesday with the support of military aircraft from its NATO allies. This is the first time a member of the Western military alliance is known to have...