Gold prices briefly caused a stir after hitting a new record, but then slowed. The main trigger: US President Donald Trump withheld the threat of tariffs on Europe and claimed there was a "framework" for a future agreement on Greenland. This calmer tone made the market a little more willing to take risks, thus easing the pressure to buy gold as a safe haven. However, the big picture hasn't changed: gold remains in high territory because the world remains filled with uncertainty. Trade wars could resurface at any time, geopolitical tensions haven't completely subsided, and investors are...
Silver prices continued their upward trend and rose for the fourth consecutive day, driven by growing expectations of Federal Reserve (Fed) monetary policy easing and the strong appeal of safe-haven assets. On Wednesday, silver (XAG/USD) traded around $72.05, up around 0.70%, after hitting a new record high of $72.71 earlier in the session. This bullish momentum reflects continued investor interest in precious metals, particularly silver, amid changing global monetary policy expectations. The precious metal continues to benefit from speculation that US interest rates will move lower in the...
Gold retreats following the move higher to the $4,525 area, or a fresh all-time peak, though the downside remains limited amid a bullish fundamental backdrop. The US Dollar selling bias remains unabated on the back of dovish Fed expectations, which continues to act as a tailwind for the bullion amid persistent geopolitical risks. Gold rose past $4,500 per ounce on Wednesday to a fresh record, driven by expectations of further Federal Reserve easing and rising geopolitical tensions. US economic growth remained solid in the third quarter, with GDP expanding at a faster pace than in the prior...
Oil prices settled higher on Tuesday as investors assessed stronger-than-expected U.S. economic growth and the risk of disruptions to oil supply from Venezuela and Russia. Brent crude futures settled 31 cents, or 0.5%, higher at $62.38 a barrel. U.S. West Texas Intermediate crude was up 37 cents, or 0.64%, at $58.38. Prices had risen by more than 2% on Monday, with Brent registering its biggest daily gain in two months and WTI climbing the most since November 14. The U.S. economy grew faster than expected, driven by robust consumer spending, the Commerce Department's Bureau of Economic...
Silver prices continued to soar, reaching $72.22 per ounce on December 24, 2025, setting a new all-time high in the precious metals market. This surge reflects strong demand from both the investment and industrial sectors, as well as expectations that global monetary policy will loosen further in the future. Investors are increasingly turning their attention to silver as a safe haven asset amid geopolitical and economic uncertainty. Global demand for silver, particularly from the renewable energy, electronics, and automotive sectors, is increasing. Furthermore, geopolitical tensions and...
The Australian Dollar (AUD) continued to strengthen against the US Dollar (USD) on Wednesday, posting gains for the third consecutive day. The AUD's strength was driven by the release of the Reserve Bank of Australia (RBA) Meeting Minutes, which indicated growing doubts that Australia's monetary policy remains sufficiently tight. This reinforced expectations that the Reserve Bank of Australia (RBA) will raise interest rates in February 2026. Australian inflation rose to 3.8% in October 2025, slightly higher than the previous month's 3.6% and remaining above the RBA's target range of 2-3%....
Oil prices continued their five-day rally on Tuesday (December 23), as traders weighed rising geopolitical tensions and higher inventory data. West Texas Intermediate (WTI) traded around $58 per barrel, after posting a nearly 6% gain in the previous five sessions, while Brent closed above $62 per barrel. One factor driving oil prices is the US action against Venezuela, which is currently pursuing a third oil tanker off the coast of the country. The US government is increasing pressure on the government of Nicolás Maduro, exacerbating tensions in the region and adding uncertainty to the oil...
Gold prices rose to a record high, breaking through $4,500 an ounce for the first time, amid rising tensions in Venezuela and expectations of further US interest rate cuts next year. Bullion prices rose more than 0.5%, extending their three-day rally. Tensions in Venezuela, where the US has blocked oil tankers, have boosted the precious metal's appeal as a safe-haven asset as it heads for its best annual performance since 1979. Traders are also betting that the US Federal Reserve will continue its three consecutive interest rate cuts by lowering borrowing costs again next year, which would...
Oil prices closed higher on Tuesday (December 24th) as investors assessed stronger-than-expected US economic growth and the risk of oil supply disruptions from Venezuela and Russia. Brent crude futures closed up 31 cents, or 0.5%, at $62.38 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose 37 cents, or 0.64%, to $58.38. Prices had risen more than 2% on Monday, with Brent posting its biggest daily gain in two months and WTI rising the most since November 14th. The U.S. economy grew faster than expected, driven by strong consumer spending, the Commerce Department's Bureau of...
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....