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 is in the $2594 area, This level is included in the negative level at the beginning of Thursday (12/19). This is because traders consider the outlook for interest rates after the Federal Reserve signaled caution over the path of easing next year.The US central bank cut interest rates for the third time in a row, but controlled the number of reductions expected in 2025. Fed Chairman Jerome Powell told reporters that while the bank is "on track to continue cutting," officials must first see more progress on inflation. Note: This article is only an analysis and is not a definitive...
Gold held steady early on Wednesday (18/12) ahead of an expected US interest rate cut later in the day as the Federal Reserve's policy-making committee wraps up its two-day meeting. The precious metal has held within a $5.00 range so far this week, ahead of a widely expected 25 basis point US interest rate cut from the Federal Open Market Committee, the third rate cut in a row. Source: Newsmaker.id
Gold prices were stable in early Asian trading on Wednesday (12/18) as the market awaits the Federal Reserve's interest rate decision, where a rate cut is expected to occur.The direction of future monetary policy is still uncertain, especially due to potential inflationary pressures. Source: Newsmaker.id
Silver held below $30.5 an ounce on Tuesday (12/17) after facing heavy selling pressure in recent sessions, weighed down by concerns about a more measured pace of easing from the U.S. Federal Reserve next year. The Fed is widely expected to implement a 25 basis point interest rate cut this week, but may signal fewer cuts for 2025 due to concerns about a potential resurgence in inflation. Silver and other metals are also facing pressure from ongoing demand uncertainty in China, the world's largest consumer of the metal. Source: Newsmaker.id
Gold was trading at $2,652 an ounce, on Tuesday morning (12/17) after posting a modest gain in the previous session as investors analyzed mixed U.S. data. Meanwhile, traders are now remaining cautious ahead of interest rate decisions by major central banks, including the Federal Reserve, due to be released on Wednesday this week. Source: NewsMaker
Gold (XAU/USD) started the week on a relatively positive note, with the US dollar (USD) weighed down by a slight decline in US Treasury yields and weaker-than-expected US manufacturing figures. However, the precious metal remains close to recent lows after a 2.5% sell-off late last week.US Treasury yields fell on Monday after a sharp rally last week, taking some of the recent bullish pressure off the US dollar. Investors appeared cautious about placing directional US dollar bets as they prepare for the all-important Federal Reserve (Fed) monetary policy decision on Wednesday.As of this news...
Silver held around $30.5 an ounce on Monday (12/16) after falling more than 4% over the past two sessions, as investors prepared for the latest U.S. Federal Reserve policy decision this week. The Fed is widely expected to cut interest rates by 25 basis points on Wednesday, but traders scaled back expectations for further easing next year. Silver prices were also pressured by persistent demand concerns in major consumer China. Source: Newsmaker
Gold was at $2,650 on Monday (12/16) in early Asian trading. Gold prices gained slightly as the Federal Reserve's final interest rate decision of the year looms, with traders also weighing the policy outlook for 2025.The Fed is widely expected to cut interest rates by a quarter point at its meeting on Wednesday, and swaps traders are pricing in a total of three quarter-point rate cuts over the next 12 months. Lower interest rates are generally positive for gold, as it does not pay interest. 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....