U.S. Treasury Secretary Scott Bessent met with BlackRock Inc executive Rick Rieder in New York on Friday, as the Trump administration continued its search for a new chair for the Federal Reserve, a source familiar with the matter said. Bessent has now spoken with four of the 11 candidates on the administration's list of candidates to replace Fed chair Jerome Powell, whose term expires in May, the source said. Bloomberg first reported Bessent's meeting with Rieder, BlackRock's CIO of fixed income, and called him a rising contender for the post. The two met for two hours and discussed...
Gold prices rose, helped by demand for safe-haven assets as US President Donald Trump's tariff plans made investors wary of trade policies, while an overall weaker dollar also provided support.Meanwhile, Jim Wyckoff, a senior analyst at Kitco Metals, said, Market players are waiting for the next major fundamental development to drive the gold market.Until this news was released, the price of gold was at $ 3,328 Source: Newsmaker.id
Silver held steady around $32.30 an ounce on Tuesday, pausing after a four-session rally as investors digested mixed signals about U.S. trade policy and its broader economic implications. However, uncertainty remains after the U.S. Commerce Department launched a national security investigation into imports of semiconductors and pharmaceuticals. Source: Newsmaker.id
Gold prices rose on Tuesday (4/15), as investors turned to the safe haven asset amid ongoing broadcasts about US President Donald Trump's tariff plans, which could escalate the ongoing trade war and slow global economic growth. Source: Newsmaker.id
Silver prices fell on Tuesday (4/15), snapping a three-day rally as easing trade tensions dampened demand for safe-haven assets. The pullback followed U.S. President Donald Trump's decision to exempt key technology products from his newly announced "reciprocal" tariffs, lifting global market sentiment. China's Commerce Ministry welcomed the exemptions as a "small step," while urging the U.S. to fully remove the broader 145% levies on Chinese goods. Markets are now focused on upcoming trade negotiations between the U.S. and key partners, including Japan, India and South Korea. Until this...
Gold prices tend to be stable and are still moving in the $3212 area this morning, during yesterday's US session they tended to be sideways and fairly flat. This is still supported by the US plan to impose more tariffs triggering investor anxiety. The opportunity for a decline still exists and seems limited when viewed from a technical perspective, while from a fundamental perspective, gold prices still have many opportunities to rise in the future, amid the uncertainty of Donald Trump's policy which still gives 90 days to countries given tariffs except China. Source: Newsmaker.id -ads
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
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 rejected on Friday a suggestion by Donald Trump that Russian drone incursions into its airspace could have been a mistake, a rare contradiction of the U.S. president from one of Washington's...