Gold (XAU/USD) weakened on Tuesday after briefly surging to an all-time high of $3,508 per ounce during the Asian session as a rebound in the US dollar and Treasury yields triggered mild profit-taking. At the time of writing, the precious metal was trading near $3,485 in the early American session, extending its six-day winning streak. Despite the brief correction, demand remained strong, driven by safe-haven asset flows and expectations that the Federal Reserve (Fed) will cut interest rates at its September 16-17 monetary policy meeting. The precious metal's rally to record highs was...
Gold prices rose on Monday (5/19) as the dollar weakened and trade concerns resurfaced, following U.S. Treasury Secretary Scott Bessent's reaffirmation of President Donald Trump's tariff threats, fueling safe haven demand. Source: Newsmaker.id
Silver is under pressure again after the White House has signaled that Washington will "conduct a series of negotiations" with Beijing to avoid "escalating trade tensions, We will conduct a series of negotiations with China to prevent further escalation.Until this News was released, the price of silver was at $ 32,271 sumber: Newsmaker.id
Gold prices rose early in the Asian session on Monday (05/19) moving in the area of $3247. Gold strengthened again after its biggest weekly decline in six months, with interest in safe haven assets driven by increasing concerns about the US economic outlook and budget deficit. Gold bullion rose as much as 1.3% to around $3,245 an ounce in early Asian trading. That happened after Moody's Ratings announced late Friday that it lowered the US government's main credit rating from Aaa to Aa1. Source: Newsmaker.id
Gold prices are moving lower and struggling to hold near the $3,200 level at the time of writing on Friday (05/16) as many questions and concerns arise in the market and among traders. First and foremost, the Ukraine-Russia talks seemed dead and buried even before Ukrainian President Volodymyr Zelenskyy shook hands with Turkish President Recep Tayyip Erdoğan on the runway in Ankara. Russian President Vladimir Putin did not attend in person and only sent a few low-level diplomats, which was seen as Russia taunting and bullying Ukraine. As of this writing, Gold prices are at $3,205Source:...
Silver eased from its recent gains seen in the previous session, settling around $32.50 during Asian trading hours on Friday (5/16). The metal came under pressure, possibly due to a Financial Times report suggesting that the Trump administration is planning to add several Chinese semiconductor companies to its export blacklist, known as the "entity list." Silver's growing association with the chipmaking industry—due to its critical role in the production of electronics and semiconductors—has heightened the market's sensitivity to the development. Source: Newsmaker.id
Gold prices fell on Friday (5/16) heading for a weekly decline of more than 3%, as easing global trade tensions weakened its appeal as a safe haven asset. The U.S. and China recently agreed to temporarily reduce tariffs for 90 days, easing concerns about the long-term impact of their trade conflict. Geopolitical risks also appeared to ease, with the India-Pakistan ceasefire remaining stable. Source: Newsmaker.id
Silver (XAG/USD) prices extended their decline for the second straight session, trading around $31.90 per troy ounce during Asian hours on Thursday (5/15). Technical analysis of the daily chart suggests a weakening bullish outlook, as the precious metal has fallen below an ascending channel pattern. The decline follows productive US-China trade talks over the weekend in Switzerland, where both sides agreed to temporarily lower tariffs to 30% and 10%, respectively, for a period of 90 days—a significant step towards de-escalation. Source: Newsmaker.id
Gold futures fell as safe-haven demand waned, and investors approached the main US position. Gold futures fell 1.3% to $3,167.42 per troy ounce, the lowest level since April 10.The appeal of the precious metal was hit by the US-China deal on Monday when the two countries agreed to significantly reduce tariffs, which triggered risk-on sentiment in the market. Meanwhile, market players are currently still waiting for several important data to be released tonight, and the speech of the Fed chairman regarding the prospects for US monetary policy going forward. Until this news was released, the...
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....