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 prices held around $3,330 per ounce on Monday, after three consecutive sessions of declines, as the newly announced US-EU trade deal dampened demand for safe-haven assets. The US and EU reached a broad agreement on Sunday that includes a 15% tariff on most European goods, along with hundreds of billions of dollars in investment commitments in American industry. Source: Newsmaker.id
Silver prices weakened slightly and are now hovering around US$39–39.40 per ounce, still near their highest levels since 2011. Strengthening bond yields and the US dollar have somewhat curbed the upward trend, but the white metal still posted a year-over-year surge of more than 36%—leading gold's rise of around 31%. The global silver market has recorded a deficit for five consecutive years, and by 2025, a shortfall of approximately 149 million ounces is expected. Mine production has increased slightly, but not enough to offset surging demand. Despite pressure from a strengthening US dollar...
Gold prices held at low levels on Friday (July 25th) morning, after previously falling on US employment data showing a strong labor market. This decline occurred despite gold still posting a small weekly gain, as investors began to reduce their expectations for an imminent interest rate cut by the Federal Reserve. Traders now expect the first interest rate cut to occur in October, with the total number of cuts this year likely to be fewer than two. Meanwhile, political tensions have flared again after President Donald Trump and Fed Chairman Jerome Powell traded barbs over the renovation...
Silver prices (XAG/USD) continued their decline for the second consecutive session, trading around $39.10 per troy ounce during the Asian session on Thursday (July 24th). Silver prices weakened due to weakening demand for safe-haven assets, driven by optimism over further trade deals between the US and its major partners.As of this writing, silver prices were at $39,402. Source: Newsmaker.id
Gold prices continued to decline on Thursday (July 24th), as easing trade tensions reduced demand for safe-haven assets, offsetting support from a weakening dollar.As of this writing, gold was at $3,362. Source: Newsmaker.id
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...