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 touched the $2876 area at the start of the Asian session on Monday (3/3) after closing at $2856. Resurgent concerns about economic health have raised market expectations for a Federal Reserve interest rate cut, which also adds to the appeal of gold bullion as a non-yielding asset. Meanwhile, investors are considering the economic outlook as US President Donald Trump prepares to impose import levies on major US trading partners. Source: \n This email address is being protected from spambots. You need JavaScript enabled to view it.
Silver extended losses on Friday, weighed down by demand uncertainty, strong supply and a strong dollar. Investors also weighed the latest PCE report, which showed U.S. PCE prices rose 0.3% month-on-month and 2.5% year-on-year, while consumer spending unexpectedly fell 0.2% and income jumped 0.9%. Adding to market concerns, President Donald Trump confirmed that his proposed 25% tariffs on Mexican and Canadian goods will go into effect on March 4, along with an additional 10% duty on Chinese imports. Source: Newsmaker.id
Gold prices fell more than 1% on Friday (28/2) as the dollar held near its highest level in two weeks after US inflation data matched expectations, suggesting the Federal Reserve may be cautious about additional interest rate cuts. Higher interest rates stoked the appeal of gold that did not provide an unbalanced yield. However, gold as a safe haven asset is set for a second straight monthly gain, driven by concerns over Trump's tariff plans. Source: Newsmaker.id
Silver prices held around $31.20 an ounce on Friday and are set to fall nearly 4% for the week, pressured by demand uncertainty, strong supply and some profit-taking. A stronger dollar also weighed on silver prices after U.S. President Donald Trump confirmed Thursday that his proposed 25% tariffs on Mexico and Canada would go into effect on March 4, along with an additional 10% duty on imports from China. Hecla Mining Company, the largest U.S. silver producer, reported a 13% increase in silver production for 2024, mining 16.2 million ounces (moz), marking the second-highest production...
Gold prices fell on Friday (28/2) and were set to post their biggest weekly decline since November on a stronger dollar, while investors awaited key U.S. inflation data for clues on the direction of Federal Reserve monetary policy. The dollar index, meanwhile, was set for a weekly gain of 0.7%, making dollar-priced gold more expensive for foreign buyers. In addition, IG market strategist Yeap Jun Rong said. "Although gold is considered a safe asset, uncertainties on the trade front may still cause profit-taking to spread further, amid a stronger U.S. dollar," Gold price when this news was...
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...
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