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 (XAU/USD) prices triggered some extended selling for the second straight day and fell to a more than two-week low as Speculation that the Federal Reserve (Fed) will maintain its hawkish stance on the back of persistently high inflation helped the dollar extend this week's recovery from its lowest level since December 10. This turned out to be a key factor driving flows away from the non-yielding yellow metal.Gold price at the time of this news release was at $2,864 Source: Newsmaker.id
Silver maintained support and showed a modest recovery from a four-week low reached during the Asian session on Friday. The white metal is currently trading around the $31.35 region, up over 0.30% for the day, although there was no follow-through buying as traders eagerly await the release of the US Personal Consumption Expenditures (PCE) Price Index.As of this writing, silver is trading at $31,197 Source: Newsmaker.id
Silver prices continue to face selling pressure. The white metal fell nearly 0.3% on Thursday (27/2) as US Treasury yields have bounced back after six consecutive days of declines. Meanwhile, US President Donald Trump's tariff agenda continues to support Silver prices. On Wednesday, Trump reiterated threats to impose 25% tariffs on cars and other goods imported from the Eurozone. Source: Newsmaker.id
Gold prices fell to their lowest in more than two weeks on Thursday (27/2) as the U.S. dollar strengthened, with investors awaiting key inflation data that could shed light on the Federal Reserve's monetary policy path. Meanwhile, U.S. President Donald Trump said on Thursday that his proposed tariffs on imports from Mexico and Canada would go into effect on March 4 as scheduled, adding that China would be hit with an additional 10% on that day. Source: Newsmaker.id
Silver maintained its recent decline to around $31.7 an ounce in late February amid strong demand and supply uncertainty. Profit-taking also weighed on silver prices, although the metal is still up about 10% this year. Hecla Mining Company, the largest U.S. silver producer, reported a 13% increase in silver production for 2024, mining 16.2 million ounces moz, the second-highest production level in its 134-year history. On the demand side, purchases of U.S. silver coins fell 27% year-on-year in January to 3.5 moz, the lowest January demand since 2018. Meanwhile, weak U.S. economic data...
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