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 pared losses on Thursday (3/4) after falling more than 2% from an all-time high (ATH), as a widespread market selloff triggered by US President Donald Trump's import tariffs has affected bullion traders. Meanwhile, traders attributed the decline to some profit-taking and margin calls in other asset classes that likely prompted investors to sell some of their gold holdings to cover losses. Source: Newsmaker.id
Gold (XAU/USD) prices corrected in European trade after initially hitting a new all-time high of $3,167 in early Asia. Traders took profits, pushing bullion prices to $3,125 at the time of writing on Thursday. The market saw all asset classes absorb the overnight shock statement from United States (US) President Donald Trump, who unveiled his retaliatory tariff plan to the world. Source: Newsmaker.id
Silver prices fell more than 1% to fall below $33.50 an ounce on Thursday (4/3), hitting a one-week low as traders grappled with market uncertainty following US President Donald Trump's sweeping tariff measures. Trump imposed a base tariff of 10% on all imports, with higher levies targeting major trading partners such as China (34%), the EU (20%), and Japan (24%). In addition, a 25% tariff on foreign-made cars took effect immediately. In defending the move, Trump framed the tariffs as a strategy to support domestic manufacturing and reduce the trade deficit. Source: Newsmaker.id
Silver prices hovered around $34 an ounce, down from a five-month high of $34.58 hit on March 28, as investors braced for President Donald Trump's announcement of tit-for-tat tariffs that will take effect on Wednesday. Market participants weighed concerns over an escalating global trade war, which could dampen industrial demand for silver, against its appeal as a safe haven amid growing fears of an economic slowdown. Source: Newsmaker.id
Gold was steady in early European trading on Wednesday (2/4) and remained close to its all-time peak reached the previous day.Meanwhile, Investors remain concerned about US President Donald Trump's aggressive trade policies and their impact on the global economy. In addition, persistent geopolitical tensions have turned out to be a major factor acting as a driver for safe-haven bullion. Source: Newsmaker.id
Silver prices fell to $33.8 an ounce, down from a five-month high of $34.58 hit on March 28, as investors braced for President Donald Trump's announcement of tit-for-tat tariffs set to take effect on Wednesday. Market participants weighed concerns over an escalating global trade war, which could dampen industrial demand for silver, against its appeal as a safe haven amid growing fears of an economic slowdown. Silver was at $33,822 at the time of writing Source: Newsmaker.id
Gold was steady in early Asian trade. "Buying activity by China gold ETFs continues to pick up," Daniel Ghali of TD Securities said in a research note.China gold ETFs added 233,000 ounces of nominal gold over the past week, the senior commodity strategist said.Sentiment in China for the precious metal may also have been supported by Chinese life insurance companies' membership to the Shanghai Gold Exchange, which officially allows them to buy gold. Until this News Released Gold Price is at $ 3,120 Note:This article is only an analysis and not a definitive reference. Consider fundamental...
Gold prices held at the $3130s after previously setting a new record at $3149 today. The new record occurred after investors worried that the new tariffs that Trump will impose on April 2 and 3 could trigger a global trade war. Another issue that supports gold's movement is the geopolitical uncertainty in the Middle East and the lack of certainty of peace between Russia and Ukraine. Currently, traders are still waiting for the release of economic data from the United States. 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....