Gold continued its decline at the open market, at the beginning of the Asian session the price of gold moved in the range of $3315 - $3322. This was accompanied by signals of easing US-China trade tensions which reduced some of the demand for safe havens, while investors await key economic data this week to gauge the outlook for Federal Reserve policy. Source: Newsmaker.id -ads
Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian session on Wednesday. Global equity markets continued to rise amid signs of easing US-China trade tensions and US President Donald Trump's decision to grant tariff flexibility to US automakers. This, along with a modest US Dollar (USD) gain, was seen as key factors undermining demand for silver as a hedge optionAs of this writing, silver prices were trading at $32,859 Source: Newsmaker.id
Gold fell slightly for a second day as President Donald Trump eased the impact of some auto tariffs and signaled progress in trade negotiations with several countries. Bullion traded near $3,305 an ounce, following a 0.8% decline in the previous session as risk sentiment returned to the broader market. Source: Newsmaker.id