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 (XAG/USD) prices continued their uptrend on Thursday (1/9), continuing their rally that began in early January 2025. The white metal was trading around $30.40 per troy ounce during European trading hours this evening. While uncertainty surrounding inflation and proposed tariffs under President-elect Trump's administration has kept market participants on edge, which has strengthened demand for silver as a safe haven asset. In addition, strong industrial demand for silver, driven by its important role in the latest energy technology and electronics. Silver price at the time of this...
Gold prices (XAU/USD) remained in the $2,660 area on Thursday (9/1) and approached a four-week high reached the previous day. Cautious market sentiment, geopolitical risks, and concerns about US President-elect Donald Trump's tariff plans turned out to be the main factors supporting the safe-haven commodity. Furthermore, the move to safe assets triggered a modest decline in US Treasury bond yields and drove some flows towards the precious metal for the third straight day. Source: Newsmaker.id
Silver prices are holding in positive territory near their highest level in three weeks as investors absorb the Fed's cautious stance on interest rate cuts.The Fed's uncertainty about inflation and proposed tariffs under President-elect Trump have kept market participants on edge, strengthening demand for silver as a safe haven asset. In addition, strong industrial demand for silver, driven by its important role in renewable energy and electronics technologies, has further boosted its value.Supply constraints, including labor strikes and operational disruptions in mining, have exacerbated...
Gold steadied after a two-day advance as traders weighed the outlook for the Federal Reserve's easing path ahead of key jobs figures due later in the week. Gold bullion traded up 0.5% on Wednesday as a report showed U.S. private-sector hiring and wage growth slowed in December. The Fed will need to balance that with renewed inflation fears when deciding whether to cut interest rates, with the central bank's minutes from last month's meeting reiterating a more cautious approach to easing.As of this writing, gold is trading at $2,660 Source: Newsmaker.id
Silver prices were steady on Wednesday, pressured slightly by a stronger dollar and rising Treasury yields. The move came as strong US economic data reduced the chances of further interest rate cuts by the Federal Reserve. Silver, along with other safe-haven assets, also benefited from uncertainty ahead of US President-elect Donald Trump's inauguration on January 20 and confusion over his tariff plans. In addition, silver gained support from hopes that China, the world's top consumer of the metal, would follow through on its promise to increase monetary and fiscal stimulus to boost...
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...