Oil prices plunged 1.5% on Thursday, extending a more than 2% decline in the previous session, as investors awaited the weekend OPEC+ meeting where producers are expected to consider another production hike. Brent crude fell $1, or 1.5%, to $66.59 a barrel at 11:04 GMT, while U.S. West Texas Intermediate crude fell $1, or 1.6%, to $62.95 a barrel. The eight-member Organization of the Petroleum Exporting Countries (OPEC+) and its allies – known collectively as OPEC+ – will consider further production increases in October at a meeting on Sunday, two sources familiar with the discussions told...
Silver (XAG/USD) prices moved higher after a recent decline, during the Asian session on Wednesday (4/16). The increase occurred as the lingering uncertainty over US trade policy continued to fuel safe-haven demand for the precious metal. A weaker US Dollar (USD) also supported Silver prices, making dollar-denominated assets more attractive to foreign buyers. Safe-haven flows into Silver strengthened after US President Donald Trump called for an investigation into potential tariffs on all imports of critical minerals. The move signals a more aggressive trade stance and increases the risk of...
The price of gold strengthened to touch its highest level of $3263 on Wednesday (16/4) starting the morning with enthusiasm, this happened because of several factors, namely the investigation conducted by the Donald Trump administration which could expand the trade war, increasing investor concerns, thus increasing demand for valuable assets. It is likely that during the Asian session the price of gold will still be enthusiastic. Source: Newsmaker.id -ads
Silver prices are fluctuating again as Geopolitical instability or fear of a severe recession can cause silver prices to rise due to its status as a safe haven asset, although to a lesser extent than gold. As a non-yielding asset, silver tends to rise with lower interest rates. Its movements also depend on the behavior of the US Dollar (USD) since the asset is priced in dollars.As of this News Release, silver prices are at $ 32,300 Source: Newsmaker
Gold prices rose, helped by demand for safe-haven assets as US President Donald Trump's tariff plans made investors wary of trade policies, while an overall weaker dollar also provided support.Meanwhile, Jim Wyckoff, a senior analyst at Kitco Metals, said, Market players are waiting for the next major fundamental development to drive the gold market.Until this news was released, the price of gold was at $ 3,328 Source: Newsmaker.id
Silver held steady around $32.30 an ounce on Tuesday, pausing after a four-session rally as investors digested mixed signals about U.S. trade policy and its broader economic implications. However, uncertainty remains after the U.S. Commerce Department launched a national security investigation into imports of semiconductors and pharmaceuticals. Source: Newsmaker.id
Gold prices rose on Tuesday (4/15), as investors turned to the safe haven asset amid ongoing broadcasts about US President Donald Trump's tariff plans, which could escalate the ongoing trade war and slow global economic growth. Source: Newsmaker.id
Silver prices fell on Tuesday (4/15), snapping a three-day rally as easing trade tensions dampened demand for safe-haven assets. The pullback followed U.S. President Donald Trump's decision to exempt key technology products from his newly announced "reciprocal" tariffs, lifting global market sentiment. China's Commerce Ministry welcomed the exemptions as a "small step," while urging the U.S. to fully remove the broader 145% levies on Chinese goods. Markets are now focused on upcoming trade negotiations between the U.S. and key partners, including Japan, India and South Korea. Until this...
Gold prices tend to be stable and are still moving in the $3212 area this morning, during yesterday's US session they tended to be sideways and fairly flat. This is still supported by the US plan to impose more tariffs triggering investor anxiety. The opportunity for a decline still exists and seems limited when viewed from a technical perspective, while from a fundamental perspective, gold prices still have many opportunities to rise in the future, amid the uncertainty of Donald Trump's policy which still gives 90 days to countries given tariffs except China. Source: Newsmaker.id -ads
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....