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 (XAG/USD) prices recovered from intraday losses and turned flat on Wednesday (2/19). The white metal bounced back as its appeal as a safe-haven asset remained strong amid concerns about a global economic slowdown from potential tariffs by United States (US) President Donald Trump. President Trump has threatened to impose 25% tariffs on cars, pharmaceuticals, and semiconductors and that the tariffs could increase substantially next year. Trump added that some tariffs could be imposed in April, the same time frame in which he had planned to unveil a reciprocal tariff plan as...
Gold prices rose to a record high on Wednesday (2/19) on safe-haven demand following US President Donald Trump's latest tariff threats, while investors await the minutes of the Federal Reserve's January policy meeting later in the day. It also follows Trump's recent move to impose a 10% tariff on Chinese imports and a 25% tariff on steel and aluminum earlier this month. Source: Newsmaker.id
Silver prices held above $32.5 an ounce on Wednesday after rising more than 2% over the past two sessions, as global trade uncertainty continued to boost demand for the precious metal as a safe-haven asset. US President Donald Trump said on Tuesday he plans to impose auto tariffs "in the region of 25%" and similar duties on semiconductor and pharmaceutical imports, raising concerns about a broader trade war. Meanwhile, investors are keeping an eye on US-led efforts to resolve the war in Ukraine, which could dampen demand for safe-haven assets such as silver. Silver hit a three-month high...
Gold prices (XAU/USD) recorded a new ATH level again on Wednesday (2/19) in the European trading session. This increase occurred after the tough statement of the President of the United States (US) Donald Trump regarding Ukraine last night, just a few hours after the first talks between US and Russian officials raised concerns among market players whether a peace agreement would be realized. Meanwhile, President Trump reiterated that a 25% tariff on car imports will be implemented soon, which also applies to pharmaceutical and semiconductor imports. Meanwhile, the Federal Reserve (Fed)...
Gold (XAU/USD) attracted some sellers during the Asian session on Wednesday and gave up some of the previous day's strong move back to near record highs. The decline could be attributed to some profit-taking amid a generally positive risk tone, which tends to dampen demand for safe-haven bullion. However, uncertainty surrounding US President Donald Trump's tariff plans might continue to act as a tailwind for the precious metal.As of this writing, Gold prices are at $2,932 Source: Newsmaker.id
Silver (XAG/USD) prices surged strongly in the US session on Tuesday (2/18). The white metal recovered its intraday losses and turned positive despite many obstacles, such as strong expectations for the Federal Reserve's (Fed) 'higher for longer' interest rate stance, increasing optimism over Russia-Ukraine peace, and easing concerns from US President Donald Trump about tariffs. Source: Newsmaker.id
Gold prices rose on Tuesday (2/18) as concerns about economic growth due to uncertainty surrounding U.S. President Donald Trump's tariff plans drove safe-haven flows into bullion. Since taking office last month, Trump has rapidly changed the global trade war with a series of tariffs, while plans are already underway for a comprehensive reciprocal tariff, aimed directly at any country that taxes U.S. goods. Source: Newsmaker.id
Silver reversed an Asian session decline to the $32.00 range and climbed to the upper end of its intraday trading range in the last hour. The white metal is currently trading around the $32.35-$32.40 region, virtually unchanged throughout the day, although still well below its highest level since late October reached last Friday. Looking at the broader picture, XAG/USD – barring a couple of knee-jerk spikes – has been oscillating in a familiar range for the past two weeks or so. Against the backdrop of a strong uptrend this year, this may still be categorized as a bullish consolidation...
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....