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 fell on Tuesday (4/15), snapping a three-day rally as easing trade tensions dampened demand for safe-haven assets. The pullback followed U.S. President Donald Trump's decision to exempt key technology products from his newly announced "reciprocal" tariffs, lifting global market sentiment. China's Commerce Ministry welcomed the exemptions as a "small step," while urging the U.S. to fully remove the broader 145% levies on Chinese goods. Markets are now focused on upcoming trade negotiations between the U.S. and key partners, including Japan, India and South Korea. Until this...
Gold prices tend to be stable and are still moving in the $3212 area this morning, during yesterday's US session they tended to be sideways and fairly flat. This is still supported by the US plan to impose more tariffs triggering investor anxiety. The opportunity for a decline still exists and seems limited when viewed from a technical perspective, while from a fundamental perspective, gold prices still have many opportunities to rise in the future, amid the uncertainty of Donald Trump's policy which still gives 90 days to countries given tariffs except China. Source: Newsmaker.id -ads
Silver prices (XAG/USD) are still holding on to gains. The white metal is showing strength as the US Dollar (USD) continues to slide amid the escalating trade war between the United States (US) and China. The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, fell near 99.60.China has raised import duties on US products to 125%, matching President Donald Trump's reciprocal tariff hikes in retaliation.Until this News Release, Silver Price is at $ 32,199 Source: Newsmaker.id
Silver (XAG/USD) prices continued to hold Friday's gains near $32.30 during European trading hours on Monday (4/14). The white metal showed strength as the US Dollar (USD) continued to slide amid the escalating trade war between the United States (US) and China. China has raised import duties on US products to 125%, matching President Donald Trump's reciprocal tariff hike in retaliation. Such a scenario is not favorable for the US economy, given that the impact of higher tariffs will be borne by domestic importers. Such an event is expected to cause a significant decline in household...
Gold (XAU/USD) price declined after hitting a new record high on Monday (4/14) and traded with a mild negative bias around the $3,220 area during the first half of the European session. The positive sentiment around the equity markets prompted profit-taking around the precious metal amid slightly overbought conditions on the daily chart. Source: Newsmaker.id
Silver prices fell on Monday (4/14) as trade tensions eased after U.S. President Donald Trump exempted smartphones and computers from "reciprocal" U.S. tariffs. The White House announced exemptions from the high reciprocal tariffs on Friday. However, Trump reiterated on Sunday his administration's latest message that exemptions for smartphones and computers from its reciprocal tariffs on China would be short-lived. Source: Newsmaker.id
Gold tended to move sideways at the start of the Asian session on Monday (4/14) as the market considered the latest US trade news from President Donald Trump, who has turned to safe assets amid growing confusion over his tariff agenda. Source: Newsmaker.id
Silver rose above $32.10 an ounce on Friday (11/4). The metal also benefited from rising inflows into safe-haven assets, with the dollar losing some of its appeal as a traditional safe-haven asset. Despite the 90-day tariff suspension, investors remain uneasy about President Trump's trade policies and their potential to plunge the US economy into recession. 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....