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 (XAU/USD) prices strengthened by nearly 0.50% on Tuesday (2/18) in early European trading, with the precious metal trading around $2,910 at the time of writing. US yields are playing catch-up after the US Presidents Day holiday on Monday. However, Gold is favored by market players as a safe haven against tariffs and geopolitical uncertainty. Meanwhile, Philadelphia Federal Reserve Bank (Fed) President Patrick Harker advocated on Monday night for the central bank to keep interest rates unchanged. He pointed out that the latest inflation report and gauges do not capture the current...
Gold prices moved in the $2908 area on Tuesday (2/18) Gold prices are likely to rise further on structurally higher central bank demand, Goldman Sachs analyst Lina Thomas wrote in a note. The bank raised its forecast for the precious metal by end-2025 to $3,100/oz from $2,890/oz, adding that central bank demand will add 9% to prices by year-end, combined with a gradual increase in ETF holdings as the federal funds rate declines. Source: \n This email address is being protected from spambots. You need JavaScript enabled to view it.
Silver prices remain stable as Silver is widely used in industry, especially in sectors such as electronics or solar energy, as it has one of the highest electrical conductivities of all metals higher than Copper and Gold. A surge in demand could drive up prices. The economic dynamics of the US, China and India could also contribute to price changes for the US and especially China, their large industrial sectors use Silver in various processes.As of this News Release Silver price is at $32,331 Source: Newsmaker.id
Silver prices were steady above $32 an ounce on Monday (2/17). The metal was supported by a weaker dollar, driven by weak US economic data and easing concerns over a global trade war. However, silver hit a three-month high on Friday as strong industrial demand, especially from the electrification and manufacturing sectors, supported prices. Source: Newsmaker.id
Gold (XAU/USD) prices weakened slightly in mid-European trading on Monday (2/17), below $2,900 at the time of writing. Meanwhile, the United States (US) market is closed due to the President's bank holiday. On a rather quiet trading day, no less than three Fed speakers will make comments in the macroeconomic calendar without any releases. Source: Newsmaker.id
Silver prices stabilized above $32 per ounce on Monday after experiencing wild swings in the previous session. The metal found support from a weaker dollar, driven by softening US economic data and easing concerns over a global trade war. Investors also kept an eye on US-led efforts to resolve the war in Ukraine, which could reduce demand for safe-haven assets like silver. However, silver reached a three-month high on Friday as strong industrial demand, particularly from the electrification and manufacturing sectors, supported prices. Recent data revealed that China added 357 gigawatts of...
Gold (XAU/USD) maintained its bid tone around the $2,900 round-figure mark through the first half of the European session on Monday, albeit lacked any follow-through and remained below its all-time peaks touched last week. Investors remained concerned that US President Donald Trump's tariffs could trigger a global trade war. This turned out to be a key factor that continued to benefit the bullion as a safe-haven asset. Meanwhile, growing market acceptance that the Federal Reserve (Fed) will stick to its hawkish stance and keep interest rates on hold for an extended period helped revive...
Gold edged higher in the Asian morning session on a possible technical recovery after front-month Comex gold futures closed nearly 1.5% lower on Friday. However, the precious metal's gains may be capped by easing concerns over U.S. tariffs that could hurt economic growth.The market is starting to realize that President Trump is using tariffs as a negotiating tool, ANZ Research analysts said in a note. This follows his order for reciprocal tariffs, which may take weeks or even months to be finalized.Until this news was released, the price of Gold was at the level of $ 2,898 Source:...
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....