Silver traded at $53,806/oz in Asia, remaining near its latest record. Safe-haven flows remained strong due to US-China tensions and macroeconomic uncertainty, while bets on a Fed rate cut held down yields and the US dollar—a combination that typically supports precious metals. On the physical side, seasonal Asian demand helped keep bids in check, keeping gains sticky despite volatility. The silver price at the time of this analysis was released was $52,806.Disclaimer:This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical...
Gold rose to around $4,340/oz on Friday, approaching the record set earlier in the week and poised to close the week with a sharp gain—the strongest in a nine-week rally. Flights to safety remain strong amid economic uncertainty, US-China trade tensions, and concerns about a US shutdown. Beijing has accused Washington of inciting "panic" over rare earth controls, while US officials have warned of the risks to global supply chains—all of which are fueling interest in the precious metal. On the policy front, expectations of a Fed rate cut remain fueling the rally. Jerome Powell's recent...
Gold prices fluctuated between gains and losses at the start of this week after experiencing a sharp decline last Friday. When Asian markets opened Monday morning, bullion prices were not far from their previous levels, continuing their high volatility. The 1.7% decline at the end of last week was the worst since May, triggered by a massive sell-off across all precious metals. Silver also fell 1.2% before paring its losses, following a major 4.3% drop in the previous session. This volatility emerged amid easing trade tensions between the US and China, which has helped strengthen overall...