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Silver prices (XAG/XAU) gained ground in Asian trading on Monday (July 28th), capitalizing on the current dollar weakness, which helped offset pressure from increased risk appetite after the US and the European Union announced their trade agreement. While the market continues to focus ahead of...
Silver price slides over 2% to near $35.85 during European trading hours on Friday. The white metal faces a sharp selling pressure due to improvement in trade relations between the United States (US) and China and no signs of Israel-Iran truce violation. During the European trading session, a...
Gold steadied as traders weighed a truce in the Middle East and weak US economic data that fueled hopes for Federal Reserve interest-rate cuts. Bullion traded little changed near $3,330 an ounce, after closing down 1.3% on Tuesday. The truce between Israel and Iran appeared to...
Gold fell as haven demand ebbed after US President Donald Trump announced that Israel and Iran had agreed to a ceasefire. Bullion fell as much as 1.6% to below $3,320 an ounce on Tuesday. Trump, who made the surprise announcement on his Truth Social platform days after ordering...
The price of silver (XAG/USD) rose on Wednesday (5/28). Silver was traded at $33.39 per troy ounce, up around 0.38% compared to yesterday's price at $33.27. Meanwhile, the weakening US Dollar (USD) was the driving force behind today's silver movement. Geopolitical instability or fears of a...
Silver prices rose on Monday (5/19) in early European trading. Silver was marketed at $32.53 per troy ounce, up 0.75% from $32.29 on Friday. Meanwhile, the dollar weakened and a credit rating agency Moody's has lowered the US credit rating one notch - from Aaa to Aa1 - citing rising debt levels...
Gold continued to record new highs, moving above the $3,200 level for the first time on Friday (11/4), driven by a weakening US dollar and economic concerns due to the escalating trade war. Despite the 90-day tariff suspension, investors remain concerned about President Trump's trade policies and...
Silver (XAG/USD) prices posted modest gains around $30.15 during Asian trading hours on Tuesday (4/8). Silver’s gains may be limited as investors liquidate positions to secure profits, possibly covering losses or margin calls on declining asset valuations, triggered by concerns over a global trade...
Gold slumped below $2,900 an ounce on Thursday, extending its decline from Monday’s record high of $2,950, pressured by a stronger U.S. dollar. Meanwhile, investors are also assessing uncertainty over tariffs ahead of key U.S. data. On Wednesday, President Trump added to the confusion over tariff...
Silver (XAG/USD) builds on the previous day's modest bounce from the vicinity of the $32.00 mark, or a nearly one-week low, and gains some positive traction during the Asian session on Tuesday. The white metal, for now, seems to have snapped a two-day losing streak. Meanwhile, investors will...
Silver (XAG/USD) prices moved higher to around $32.60 during Asian trading hours on Monday (24/2). A weaker US Dollar (USD) provided some support to the USD-denominated commodity prices. Meanwhile, uncertainty and concerns over US President Donald Trump's tariff plans could increase inflows of...
Gold has a downside opportunity today, having stabilized around $1,980 an ounce on Friday and set to gain more than 8% in March, as investors speculate that interest rates may have peaked in the current tightening cycle. These expectations were boosted by easing global inflationary pressures...
Gold has the opportunity to strengthen today, after ending at its highest level in more than a year on Thursday, having touched highs above $ 2,000 per ounce. "Gold continues to find support from the downside as it remains supported by falling interest rate expectations, a weaker US dollar,...
The Nikkei index has the chance to be higher today, after dropping 0.36% to close at 27,783 while the broader Topix index fell 0.61% to 1,983 on Thursday, off a two-week high as investors took some profits after a solid advance. Positive news involving China's technology sector, expectations...
The Hang Seng Index has the opportunity to strengthen today, after rising 116.73 points or 0.58% to end at 20,309.13 on Thursday, shifting from a modest decline in initial transactions while returning to a more than 3-week high, boosted by statements from Chinese Premier Li Qiang that China's...
Gold had the opportunity to fall today, after ending with a loss on Wednesday, the third time in four sessions. Gold for delivery in June fell $5.90, or 0.3%, to $1,984.50 an ounce on the Comex. Traders are seen posting gains as gold futures failed to trade above the $1,990 resistance level,...
The Nikkei index is on the downside for the day, after surging 1.33% to close at 27,884, while the broader Topix Index added 1.46% to 1,995 on Wednesday, rising for the third straight session, with almost all sectors participating in the increase. Positive news involving China's tech sector and...
The Hang Seng Index has the opportunity to lose ground today, after surging 407.75 points or 2.06% to end at 20,192.40 on Wednesday, rallying for the second straight session, as investors cheered a massive restructuring at the e-giant. alibaba commerce. The Hang Seng Index hit its highest in...
Gold is likely corrected today, after settling higher on Tuesday trading, paring a 1% decline in the previous session as the dollar weakened and investors continued to monitor risks to the global banking sector. Gold futures for April were up $19.70, or 1%, to $1,973.50 an ounce on the Comex....
The Nikkei index has the opportunity to strengthen today, having added 0.15% to close at 27,518, while the broader Topix Index added 0.25% to 1,967 on Tuesday, growing for the second straight session to its highest in two weeks as fears of wider banking contagion continued to subside. US...
