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...
The price of silver (XAG/USD) weakened slightly, approaching $38.80 at the start of the European trading session on Tuesday (July 22nd). However, the precious metal remains near its decade-high of around $39.00. The outlook for this precious metal remains bullish due to high demand for safe-haven assets due to ongoing concerns over global trade flows.As of this writing, the price of silver is at $38,837. Source: Newsmaker.id
Gold prices (XAU/USD) weakened slightly on Tuesday after two days of gains. However, the safe-haven metal is likely to strengthen due to uncertainty ahead of US President Donald Trump's tariff deadline on August 1st. Market sentiment has also deepened due to growing concerns about the independence of the Federal Reserve (The Fed).As of this writing, gold prices are at $3,388. Source: Newsmaker.id
Silver prices (XAG/USD) weakened slightly, approaching $38.80 at the start of the European trading session on Tuesday (July 22nd). However, the precious metal remains near its decade-high of around $39.00. The outlook for the precious metal remains bullish due to high demand for safe-haven assets due to ongoing concerns over global trade flows. Escalating trade tensions between the United States (US) and the European Union (EU) have heightened trade tensions worldwide, given the scale of business between the two countries. EU officials are preparing countermeasures to offset the impact of...
Gold prices held near a monthly high of $3,395 per ounce, supported by increased demand for safe haven assets ahead of the August 1 US tariff deadline. The White House's statement that President Trump may issue more unilateral tariffs increased market uncertainty. The US dollar weakened 0.5% in the previous session, making gold more attractive to global buyers. Meanwhile, the market continues to monitor the Fed's interest rate outlook ahead of next week's decision. Although the probability of a rate cut remains low, market expectations still point to a total of around 46 basis points of...
Silver prices surged again after Fed Governor Christopher Waller reiterated his support for monetary policy easing in July, citing a weakening labor market and declining inflation risks.As of this writing, silver prices are at $38,461. Source: Newsmaker.id
Gold prices rose on Monday (July 21st), supported by a weaker dollar as investors monitored developments in US trade talks and awaited potential market-moving catalysts, including the Federal Reserve's policy meeting scheduled for next week.As of this writing, gold prices were at $3,365 Source: Newsmaker.id
Silver (XAG/USD) held around $38.20 per troy ounce during Monday's Asian session, following a slight decline. Technically, silver is still trending upward within a bullish channel pattern. The 14-day Relative Strength Index (RSI) remains above 50, and the price is above the 9-day moving average (EMA), indicating strong short-term upward momentum. If buying pressure persists, XAG/USD could potentially break through the $39.13 resistance—its highest level since 2011—and continue its upward movement toward the upper boundary of the channel at the psychological $41.50 level. However, if a...
Gold prices rose to around $3,350 per ounce on Monday (July 21), marking a second consecutive session of gains as investor concerns about President Donald Trump's tariff policies grew. U.S. Commerce Secretary Howard Lutnick stated on Sunday that August 1 was the deadline for countries to begin paying the so-called reciprocal tariffs, but he noted that negotiations could continue beyond that date. Source: Newsmaker.id
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....