Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more "noise" than signals of a short-term surplus. As of 3:50 PM WIB, Brent was at $69.60/barrel (+0.29%) and WTI was at $64.83/barrel (+0.31%). The gains were moderate, but enough to keep prices near the psychological $70 level for Brent. From a geopolitical perspective, market focus is on the potential for escalation in the Middle East. Recent reports...
Silver prices are currently rising slightly, reflecting price consolidation after a significant surge last week. On Friday, silver prices surged nearly 4% to a 14-year high of $39.12, driven by global trade tensions and safe-haven demand. However, since then, silver prices have corrected and traded lower, reflecting market uncertainty and reduced investor demand for safe-haven assets.
Gold held steady at $3,321/oz in European trading on Tuesday (July 29th). Following the US-EU tariff agreement, the market remains preoccupied with discussions about the implementation and direction of US-China negotiations. Sentiment remains positive thanks to low interest rates and geopolitical tensions, although the NFP data and the Fed's comments this week could be game-changers. Market participants are currently awaiting important data, which will be released tonight at 9:00 PM WIB. The results of the data could lead market participants to speculate ahead of the FOMC.The gold price at...
Gold prices held around $3,310 per ounce on Tuesday (July 29), near a three-week low, as signs of easing trade tensions and a strengthening US dollar dampened the metal's appeal. Investors are closely monitoring ongoing negotiations between the US and China, amid expectations of a 90-day extension of the August 12 tariff pause deadline. This comes amid a crucial week for President Donald Trump's trade agenda, with separate deadlines set for other countries to reach agreements this Friday, following the deal announced with the European Union on Sunday that includes 15% tariffs on most...
Gold stabilized at $3,337/oz following the US-EU tariff agreement, but the market remains preoccupied with discussions about the implementation and direction of US-China negotiations. Sentiment remains positive thanks to low interest rates and geopolitical tensions, although this week's NFP data and Fed comments could be game-changers. Prices held above the $3,320 support but lost momentum. A break below $3,360 could push the price to $3,400, while a break below $3,320 would signal a correction to $3,280. The gold price at the time of writing was $3,337/oz. DISCLAIMER Note: This article...
Silver prices (XAG/USD) gained ground in Asian trading on Monday (July 28th), capitalizing on the current dollar weakness, which helped offset pressure from increased risk appetite after the US and the European Union announced their trade agreement. While the market continues to focus ahead of the US-China meeting to discuss a trade deal on Monday, attention will also be focused on several upcoming releases this week. Silver prices rose 0.34% at the time of writing, reaching $38.273/Toz. Source: Newsmaker.id
Gold prices held around $3,330 per ounce on Monday, after three consecutive sessions of declines, as the newly announced US-EU trade deal dampened demand for safe-haven assets. The US and EU reached a broad agreement on Sunday that includes a 15% tariff on most European goods, along with hundreds of billions of dollars in investment commitments in American industry. Source: Newsmaker.id
Silver prices weakened slightly and are now hovering around US$39–39.40 per ounce, still near their highest levels since 2011. Strengthening bond yields and the US dollar have somewhat curbed the upward trend, but the white metal still posted a year-over-year surge of more than 36%—leading gold's rise of around 31%. The global silver market has recorded a deficit for five consecutive years, and by 2025, a shortfall of approximately 149 million ounces is expected. Mine production has increased slightly, but not enough to offset surging demand. Despite pressure from a strengthening US dollar...
Gold prices held at low levels on Friday (July 25th) morning, after previously falling on US employment data showing a strong labor market. This decline occurred despite gold still posting a small weekly gain, as investors began to reduce their expectations for an imminent interest rate cut by the Federal Reserve. Traders now expect the first interest rate cut to occur in October, with the total number of cuts this year likely to be fewer than two. Meanwhile, political tensions have flared again after President Donald Trump and Fed Chairman Jerome Powell traded barbs over the renovation...
Gold rises in the early Asian trade. There's a broad commodities uptrend, driven by macro uncertainty, a weaker dollar, and persistent demand for "hard" assets, says Fawad Razaqzada, market analyst...
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....