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...
Silver fell again as markets digested news that a US trade court has blocked President Donald Trump's global tariff agenda. As of press time, Silver was trading at $33,180 Source: Newsmaker.id
Gold prices recover on Thursday in early Asian trading (5/29) Bullion prices fell as much as 1% on Thursday, adding to losses of 2% in the previous three sessions, as the U.S. Court of International Trade ruled that Trump's tariffs were illegal, further strengthening the dollar. A stronger U.S. dollar makes gold more expensive for most buyers. On the other hand, the Federal Reserve also revealed in the minutes of its May 6-7 meeting that it sees rising inflation and increased unemployment risks due to the trade war. Source: Newsmaker.id
Gold prices recovered on Wednesday (5/28) as the Federal Reserve revealed in the minutes of its May 6-7 meeting that it sees rising inflation and unemployment risks due to the trade war.
The price of silver (XAG/USD) rose on Wednesday (5/28). Silver was traded at $33.39 per troy ounce, up around 0.38% compared to yesterday's price at $33.27. Meanwhile, the weakening US Dollar (USD) was the driving force behind today's silver movement. Geopolitical instability or fears of a recession could cause silver prices to rise due to its status as a safe asset, although at a lower level than gold. In addition, investors are preparing for the Federal Reserve's preferred inflation index data, the US personal consumption expenditures (PCE) price index excluding food and energy, which...
Gold rose on Wednesday as investors bought the dip after a decline in the previous session, while the market awaited the minutes of the Federal Reserve's latest policy meeting and economic data for insight into the outlook for U.S. interest rates. Spot gold rose 0.6% to $3,320.58 an ounce, as of 0853 GMT. Bullion fell below the $3,300 level and hit a low of $3,285.19 in the previous session. 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...