Harga emas menguat pada perdagangan hari ini meskipun data JOLTS Job Openings menunjukkan peningkatan jumlah lowongan kerja di AS. Secara teori, data tenaga kerja yang lebih kuat harusnya mendorong dolar menguat dan menekan harga emas. Namun pasar tidak bereaksi sesuai textbook karena investor menilai kenaikan JOLTS kali ini tidak cukup kuat untuk mengubah ekspektasi terhadap kebijakan Federal Reserve. Dengan inflasi yang cenderung moderat dan komentar bernada dovish dari beberapa pejabat The Fed akhir-akhir ini, pasar tetap memandang peluang pemangkasan suku bunga sebagai skenario dominan....
Oil prices edged lower on Tuesday, after falling 2% in the previous session, with investors keeping a close eye on peace talks to end Russia's war in Ukraine, concerns about ample supply and a looming decision on U.S. interest rates. Brent crude futures fell 52 cents, or 0.83%, to $61.96 a barrel at 11:30 a.m. ET (1630 GMT). U.S. West Texas Intermediate crude dropped 62 cents, or 1.05%, at $58.26 a barrel. Both contracts fell by more than $1 a barrel on Monday after Iraq restored production at Lukoil's West Qurna 2 oilfield, one of the world's largest. Ukraine will share a revised peace...
Silver surged to above $60 per ounce on Tuesday as expectations of an imminent 25 bp Fed cut met a pronounced squeeze in the physical market. Futures pricing keeps real policy rates on a path that favors precious metals even though stronger labor data cloud the medium term outlook. Meanwhile, industrial demand has risen sharply, led by solar panels, electric vehicles and electronics, while mine production has repeatedly failed to keep pace with consumption, creating a structural deficit. That shortfall showed up in the market plumbing, with visible draws in benchmark stocks, constrained...