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...
Gold (XAU/USD) prices rose during the Asian session on Tuesday (06/05). Despite signs of easing US-China trade tensions, investors remain cautious following US President Donald Trump's erratic trade policies. In addition, persistent geopolitical risks stemming from the prolonged Russia-Ukraine war and conflicts in the Middle East have boosted demand for the safe haven precious metal. Source: Newsmaker.id
Silver (XAG/USD) prices halted a four-day decline. The precious metal regained ground as ongoing uncertainty surrounding US-China trade talks fueled safe-haven demand.China's Commerce Ministry said on Friday it was considering a proposal from the United States (US) to resume trade talks. This came after US President Donald Trump said negotiations were ongoing, although he clarified that no talks with Chinese President Xi Jinping were scheduled for this week.Until this news was released, the price of Silver was at the level of $ 32,434 Source: Newsmaker.id
Gold prices (XAU/USD) surged more than 2%, or over $70, on Monday as the greenback took a hit, despite upbeat economic data from the United States (U.S.) suggesting the economy remains solid.The mood in the market improved following a report by the Institute for Supply Management (ISM) that service providers were confident of the resilience of the U.S. economy. The data suggested that prices were on the rise, fueled by U.S. President Donald Trump's tariffsOver the weekend, Trump announced a 100% tariff on foreign-made films while saying that the Federal Reserve (Fed) should lower interest...
Gold's appeal is increasing as traders prepare for the Federal Reserve's interest rate decision on May 7. Over the weekend, Trump again expressed his dislike for the Fed and its Chairman Jerome Powell. After calling Powell "rigid", the US President asked members of the Federal Open Market Committee (FOMC) to pressure Chairman Powell to cut interest rates. When this news was released, the price of Gold was moving at the level of $ 3296, seen from the fundamental side, Gold still has the impetus to increase. Source: Newsmaker.id
Silver (XAG/USD) prices halted a four-day decline, trading near $32.10 during the Asian session on Monday (5/5). The precious metal regained ground as ongoing uncertainty surrounding the US-China trade talks fueled safe-haven demand. As of this writing, Silver is trading at $32,409 Source: Newsmaker.id
Gold rose again above $3,260 an ounce on Monday, as uncertainty surrounding U.S.-China trade talks supported demand for the safe-haven asset. On Sunday, President Donald Trump said he believed China wanted to make a deal, though he did not provide details or a timetable. Last week, Beijing said it was evaluating starting trade talks but reiterated that any negotiations would require certain preconditions to be met. In addition, the U.S. dollar weakened, making gold more attractive to buyers holding other currencies. Source: Newsmaker.id
Gold rose on Friday (2/5) as investors rushed to buy the metal a day after prices hit a two-week low amid easing trade tensions, while market focus shifted to the U.S. nonfarm payrolls report due later in the day. Gold hit its lowest level since mid-April in the previous session and has fallen nearly 2% so far this week, its sharpest weekly decline since late February. Source: Newsmaker.id
Silver prices fell in early trading on Friday. Easing trade tensions between the US and its trading partners have reduced demand for safe-haven assets, weighing on the silver metal.US President Donald Trump announced a potential trade deal with India, South Korea and Japan, seeking to turn his tariff policies into a trade agreement. Furthermore, Chinese state media said late Thursday that the US has contacted China to start trade talks over Trump's 145% tariffs.As of this writing, Silver is at $32,471 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....