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...
Gold held above $3,110 an ounce on Friday, set for a fifth straight weekly gain after repeatedly hitting all-time highs, driven by risk aversion stemming from U.S. tariffs.Trump announced a 10% base tariff on imports from all countries, along with higher duties on some of the U.S.'s biggest trading partners, prompting retaliatory measures from those countries. Meanwhile, gold weakened on Thursday, pressured by profit-taking and reports that the precious metal is exempt from Trump's tariffsAs of this writing, Gold Price is at $3,098 Source: Newsmaker.id
Silver prices fell on Thursday (03/4), The price of the white metal became vulnerable after United States (US) President Donald Trump revealed a detailed reciprocal tariff plan for his trading partners. The "Buy the Rumor and Sell the News" indicator forced traders to trigger the sell button for Silver prices. The metal had previously performed strongly, along with Gold, from the past few months as investors became increasingly convinced that Trump's tariffs would be inflationary and weigh on economic growth globally, including in the US. Technically, the appeal of Silver prices increases...
Gold prices pared losses on Thursday (3/4) after falling more than 2% from an all-time high (ATH), as a widespread market selloff triggered by US President Donald Trump's import tariffs has affected bullion traders. Meanwhile, traders attributed the decline to some profit-taking and margin calls in other asset classes that likely prompted investors to sell some of their gold holdings to cover losses. Source: Newsmaker.id
Gold (XAU/USD) prices corrected in European trade after initially hitting a new all-time high of $3,167 in early Asia. Traders took profits, pushing bullion prices to $3,125 at the time of writing on Thursday. The market saw all asset classes absorb the overnight shock statement from United States (US) President Donald Trump, who unveiled his retaliatory tariff plan to the world. Source: Newsmaker.id
Silver prices fell more than 1% to fall below $33.50 an ounce on Thursday (4/3), hitting a one-week low as traders grappled with market uncertainty following US President Donald Trump's sweeping tariff measures. Trump imposed a base tariff of 10% on all imports, with higher levies targeting major trading partners such as China (34%), the EU (20%), and Japan (24%). In addition, a 25% tariff on foreign-made cars took effect immediately. In defending the move, Trump framed the tariffs as a strategy to support domestic manufacturing and reduce the trade deficit. 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...