The University of Michigan consumer sentiment for the US dropped to 55.4 in September 2025, down from 58 in August and well below market expectations of 58, according to preliminary estimates. This marked the second consecutive monthly decrease, pushing sentiment to its lowest level since May. The current conditions index deteriorated to 61.2 from 61.7 and the expectations gauge fell to 51.8 from 55.9. Meanwhile, year-ahead inflation expectations held steady at 4.8% while the five-year expectations moved up for the second straight month to 3.9% from 3.5%. Source : Trading Economics
Gold prices continued to decline in the European session on Friday (21/03). Gold is currently trading in the $3028 areaAfter some minor corrections from overbought technical levels, gold prices have stabilized and remain well supported, he said in a note.Meanwhile, Investors have been buying gold as a hedge against uncertainty about Trump's policies and central banks are buying gold to reduce their dependence on the US dollar. In the long term, rising geopolitical risks will continue to support the precious metal's prospects. Investors are concerned about the de-dollarization trend as the...
Silver held onto earlier losses in the $33.60 an ounce range, after the Federal Reserve kept interest rates at 4.25%-4.5%, while signaling a potential cut of 0.5 percentage points in 2025. Despite economic uncertainty fueled by tariffs and President Trump's fiscal policies, silver remained near a five-month high as trade war concerns escalated. Rental rates have surged amid shrinking stocks, especially in London, as silver flows to the U.S. to take advantage of higher prices. The shift has widened the price gap between major markets, with spot silver up 17% this year, outperforming other...
Gold prices fell on Thursday as investors took a breather following the Federal Reserve's (Fed) latest monetary policy decision and escalating hostilities in the Middle East. XAU/USD was trading at $3,042, down more than 0.19%. Market sentiment turned negative, while the greenback showed a recovery as depicted by the US Dollar Index (DXY), which tracks a basket of six currencies against the greenback. Source: Newsmaker.id
Silver (XAG/USD) prices fell during the European session on Thursday (3/20). The non-interest-bearing metal faced pressure after the Federal Reserve (Fed) interest rate decision. As widely expected, the Fed kept the federal funds rate at 4.25%–4.5% during its March meeting but reiterated its outlook for two rate cuts later this year. Source: Newsmaker.id
Gold prices stabilized again in European trading on Thursday (3/20)Gold stabilized after hitting a record high earlier in the session on slower US growth projections and higher inflation this year from the Federal Reserve, which kept interest rates unchanged. Source: Newsmaker.id
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...