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 prices rose on Tuesday, helped by global trade tensions between the U.S. and its major trading partners, and a weaker dollar. Spot gold rose 0.8% to $3,005.21 an ounce by 0847 GMT, after hitting its lowest level since March 13. U.S. gold futures rose 1.6% to $3,020.70. Spot gold remains up nearly 15% for the year, driven by geopolitical and economic uncertainty, strong central bank demand and rising flows into gold-backed exchange-traded funds (ETFs). Source: Newsmaker.id
Silver (XAG/USD) prices posted modest gains around $30.15 during Asian trading hours on Tuesday (4/8). Silver's gains may be limited as investors liquidate positions to secure profits, possibly covering losses or margin calls on declining asset valuations, triggered by concerns over a global trade war. However, a weaker greenback may help limit losses in the USD-denominated commodity. At the time of writing, silver prices were trading at $30,179. Source: Newsmaker.id
Silver's downtrend has stalled and may be ready to rise due to several technical factors. The economic dynamics of the US, China and India can also contribute to price changes, for the US and especially China, their large industrial sectors use Silver in various processes. In India, consumer demand for precious metals for jewelry also plays a significant role in determining prices.As of this writing, Silver is at $30,081 Source: Newsmaker.id
Gold prices tended to be stable in the area of $2991-$2981 on Tuesday (8/4) this was accompanied by concerns that US President Donald Trump's trade war could risk causing a global economic downturn, driving demand for safe haven assets, indicating a pause in asset sell-offs in the past few days. Amid the global economic turmoil due to Donald Trump's widespread Tariffs, Gold is still a safe haven asset. The sharp decline that has occurred is only temporary, furthermore several factors are still very supportive of the increase in Gold prices. Source: Newsmaker.id-ads
Silver (XAG/USD) prices approached $30.30 during North American trading hours on Monday (07/04). The white metal bounced back strongly after the bloodshed on Thursday and Friday as traders became increasingly confident that the Federal Reserve (Fed) could cut interest rates at its June meeting. However, industrial demand for Silver has changed as Trump's tariffs have stemmed concerns over the global economic outlook, especially in China, which has been hit with 54% tariffs. Source: Newsmaker.id
Gold prices fell on Monday (4/7) as investors opted for the dollar as a safe haven after broad US tariffs raised fears of a global recession. However, analysts remained optimistic about bullion given the challenging economic conditions. Gold, which is used as a safe investment during times of political and financial uncertainty, hit an all-time high driven by strong inflows of safe-haven assets amid geopolitical uncertainty and strong central bank demand. Source: Newsmaker.id
Gold prices held steady on Monday (4/7), supported by strong central bank demand and the potential for an early US Federal Reserve interest rate cut, but gains were capped as some investors sold bullion to cover losses in other trades. Spot gold was little changed at $3,034.89 an ounce, as of 1042 GMT, after hitting a session low of $2,971.09 earlier in the session. Source: Newsmaker.id
Silver prices have rallied back above $30,500 as financial market volatility continues for the third straight day, following US President Donald Trump's decision to impose reciprocal tariffs that have raised concerns about the impact on the global economy.As of this writing, Silver is at $30,674 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....