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 price is currently moving in the $2794 area after touching its ATH high yesterday at $2800.Gold rose to a record high as investors flocked to safe haven assets after US President Donald Trump repeated his threat to impose tariffs on Mexico and Canada and also fears that his promises to cut taxes and overhaul immigration could erode US finances and reignite inflation. Federal Reserve Chairman Jerome Powell said on Wednesday that the US central bank is in a "wait and see" mode regarding the potential impact of the new administration's policies. Source: Newsmaker.id
Silver (XAG/USD) price snapped its three-day winning streak, trading around $31.30 per troy ounce during Asian trading hours on Friday (1/31). Daily chart analysis shows continued bullish bias for the precious metal, as its price continues to rise within an ascending channel pattern. Source: Newsmaker.id
Gold rose to a record high as investors flocked to safe havens after U.S. President Donald Trump repeated threats to impose tariffs on Mexico and Canada. Bullion rose as much as 0.2% to $2,799.65 an ounce after prices jumped 1.3% on Thursday, surpassing their previous all-time high set in October. The surge came after Trump said he would follow through with a 25% levy on imports from Canada and Mexico on Feb. 1. He also threatened China with tariffs, without specifying the level. Source: Newsmaker.id
Silver (XAG/USD) prices rose on Thursday (1/30). The precious metal maintained its gains amid dovish signals from major central banks. However, Silver's gains were limited as the Fed delivered an aggressive message by removing language that indicated confidence in inflation moving towards its 2% target. In addition, the central bank acknowledged strong economic growth and labor market conditions. Source: Newsmaker.id
Gold attempted to enter positive territory on Thursday (1/30) as the dollar weakened, while investors focused on U.S. President Donald Trump's tariff plans and a key inflation report for further monetary policy cues. Earlier this week, the White House said Trump still planned to hit Mexico and Canada with steep tariffs on Saturday and that he was "strongly" considering some tariffs on China. Source: Newsmaker.id
Silver (XAG/USD) prices extended gains for the third straight session, trading around $30.90 per troy ounce during Asian trading hours on Thursday (30/1). The precious metal maintained its gains amid dovish signals from major central banks. The Bank of Canada (BoC) has ended its quantitative easing and joined Sweden's Riksbank in delivering an interest rate cut Source: Newsmaker.id
Gold prices moved lower as the US Federal Reserve (Fed) turned hawkish. The Fed dropped inflation language, indicating a shift towards keeping interest rates unchanged. XAU/USD traded volatilely in the range of $2,750 - $2,740 as Fed Chair Jerome Powell delivered his statement. Source: Newsmaker.id
Silver (XAG/USD) prices traded with slight gains on Wednesday (1/29). Uncertainty surrounding new tariff policies under US President Donald Trump's administration could provide some support to the precious metal. The Fed's rate decision will play a key role in shaping the direction of Silver prices. The US central bank is expected to keep its benchmark interest rate unchanged at its January meeting in the current range of 4.25%–4.50%. 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....