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 fell on Thursday (2/6) as the dollar strengthened again, although concerns over the US-China trade war kept safe-haven bullion close to a record high hit in the previous session. Spot gold prices fell 0.4%. US Federal Reserve officials also pointed to the large policy uncertainty surrounding tariffs and issues arising from the early days of the Trump administration as one of the main challenges in figuring out where to take monetary policy in the coming months. Source: Newsmaker.id
Silver prices moved steadily for the Asian session on Thursday (6/2). Safe haven metals such as Silver strengthened due to increased risk aversion after the closing of global trade and economy. Traders are concerned that the US could impose tariffs on precious metal imports into the US after President Donald Trump announced the latest tariffs on Canada, Mexico, and China. Trump then postponed the tariffs imposed on Canada and Mexico.Source: Newsmaker.id
Gold prices moved at the level of $2068 at the start of the Asian trading session on Thursday (6/2). Gold continued to soar to a record high, after rising almost 1% in the previous session, as the initial attack of the US-China trade war triggered demand for safe haven assets.The response from China has been relatively calm compared to Trump's first term, when Beijing retaliated with tariffs that were almost equal to the US, but there are still many concerns about the impact on the world's two largest economies.Source: ads@ Newsmaker.id
Silver (XAG/USD) prices rose for the third straight session, during European trading hours on Wednesday (2/5). Safe-haven metals such as Silver gained on rising risk aversion amid global trade and economic uncertainty. In response to the new 10% US tariffs that came into effect on Tuesday, China imposed a 15% tariff on US coal and liquefied natural gas (LNG) imports, along with additional 10% tariffs on crude oil, farm equipment, and certain cars.
Gold prices jumped 1% on Wednesday (2/5), extending a record rally, driven by safe-haven demand amid the escalating U.S.-China trade war, while the spotlight was also on payrolls data from the world's largest economy. Spot gold prices rose 0.9% after rising 1% and hitting a record high earlier in the session. Source: Newsmaker.id
Silver prices traded around $32.29 an ounce on Wednesday (2/5), hitting a new record in early 2025.Silver is currently still holding near its highest level as the escalating trade war between the US and China has boosted demand for safe haven assets. Note: This article is analysis only and is not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions. Source: Newsmaker.id
Gold is stable at a positive level to start the Asian trading session on Wednesday (5/2). This is supported by the opening attack of the US-China trade war triggering demand for safe haven assets. A weaker dollar makes gold cheaper for many buyers with losses increasing after the US jobs report showed a gradual slowdown in the labor market. China's response has been relatively calm compared to Trump's first term, when Beijing retaliated with tariffs that were almost equivalent to the US, but there are still many concerns about the impact on the world's two largest economies. Source: ads@...
Silver prices traded around $31.50 an ounce on Tuesday (2/4), holding near their highest level since early December as the escalating trade war between the U.S. and China boosted demand for safe-haven assets. China announced retaliatory tariffs after President Donald Trump's 10 percent tariffs on all Chinese imports went into effect. Earlier, Trump agreed to impose 25 percent tariffs on Canada and Mexico for a month after the countries agreed to take tougher action on immigration and drug trafficking. 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....