Global benchmark Brent crude oil settled 1% higher on Monday, as concerns mounted that intensifying airstrikes in Russia and Ukraine could lead to supply disruptions, and as a weaker dollar lent additional support. Brent crude futures settled up 67 cents, or 1%, at $68.15 a barrel. The U.S. benchmark, the West Texas Intermediate futures contract , was up 67 cents, or 1.1% at $64.68 by 2:15 p.m. ET. There will be no settlement for WTI futures on Monday due to Labor Day holiday in the U.S. Trading volume for both Brent and WTI was also muted due to that reason. Ukrainian President Volodymyr...
Silver prices held firm near a 13-year high as markets weighed the latest U.S. trade policy moves.President Donald Trump announced new tariffs on 14 countries that have yet to reach a trade deal with Washington, including major exporters Japan and South Korea, both of which will face levies of 25%.As of this writing, Silver is at $36,721 Source: Newsmaker.id
Gold prices are stable at around $3,334 per ounce in the Asian session. Market sentiment is still affected by Trump's announcement of new tariffs on several Asian countries, which has triggered demand for safe havens. But the strengthening US dollar and rising bond yields have held back gold. On the other hand, market players are choosing to wait and see, preparing for Donald Trump's tariff policy scenario. Fundamentally, expectations of a Fed interest rate cut and central bank gold purchases support prices to remain strong. However, as long as the dollar is still strong, gold's increase...
The spot price of silver (XAG/USD) slipped around 0.05% to US$36.72 per troy ounce, continuing the correction from its recent high. Easing tensions over the US tariff deadline have caused investors to slightly move away from safe-haven assets such as silver, resulting in profit taking. The decline occurred even though silver previously recorded its highest level in the last 13 years at around US$36.90, supported by safe-haven demand and a long-term supply deficit. Analysts said the potential for a rebound would emerge again if the price approaches the support zone, considering that silver's...
Gold (XAU/USD) prices hit a new daily low during the early European session on Monday, with market players now waiting for a sustained decline below before preparing for deeper losses.Until this News Release, Gold Prices Are at $3,306 Source: Newsmaker.id
Silver (XAG/USD) prices are moving lower after halting a three-day winning streak, down more than 1%, during European trading hours on Monday. Technical analysis of the daily chart shows that the precious metal remains in an ascending channel pattern, indicating a bullish bias is in effect.As of this writing, Silver is trading at $36,613 Source: Newsmaker.id
Silver prices held steady Investors remained cautious after President Donald Trump announced plans to begin sending letters outlining new trade tariffs or potential deadline extensions as early as Friday, fueling uncertainty in global markets.As of press time, Silver was trading at $36,811 Source: Newsmaker.id
The world gold price (XAU/USD) strengthened on Friday (4/7) and is still on a positive track, although it has not been able to return to its weekly high. What caused it? Market concerns about the worsening US fiscal conditions due to President Donald Trump's large spending bill plan are one of the main factors.Until this news was released, the price of gold was at the level of $ 3,334 Source: Newsmaker.id
Gold prices (XAU/USD) maintained gains near the highest level during the European trading session on Thursday. The yellow metal traded strongly ahead of the United States (USD) Nonfarm Payrolls (NFP) data for June.As of this News Release, Gold Prices Are at $3,346 Source: Newsmaker.id
Gold (XAU/USD) is extending its decline on Wednesday for a second consecutive day as the US Dollar (USD) and US Treasury yields firm ahead of the release of the Federal Open Market Committee (FOMC)...
Oil extended declines after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
Brent...
The Japanese Yen (JPY) weakened against its US counterpart and reversed part of Friday's recovery from the lowest level since July 23 following Bank of Japan (BOJ) Governor Kazuo Ueda's remarks....