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Silver (XAG/USD) prices found a temporary cushion on Tuesday (2/11) after falling sharply earlier in the day. The white metal showed little buying interest as the US Dollar (USD) declined ahead of Federal Reserve (Fed) Chairman Jerome Powell's testimony before Congress. However, the overall outlook for Silver prices remains strong amid growing concerns over a global trade war. Historically, the appeal of precious metals, such as Silver, increases in an uncertain global Source: Newsmaker.id
Gold prices slipped on Tuesday (2/11) as investors booked profits following a record high, but remained optimistic amid concerns about a global trade war sparked by U.S. President Donald Trump's new tariffs. Traders were eyeing Federal Reserve Chairman Jerome Powell's testimony later in the day and U.S. inflation data due Wednesday for fresh clues on the outlook for interest rates in the world's largest economy. Source: Newsmaker.id
Gold (XAU/USD) price has broken its previous all-time high and made a new record high of $2,942 in trading on Tuesday (11/2) morning before turning lower that day. Meanwhile, United States (US) President Donald Trump has imposed a 25% tariff on steel and aluminum imports for all countries starting March 12, while China has quietly imposed retaliatory tariffs on some US goods. Source: Newsmaker.id
Silver prices rallied on safe-haven demand on Monday, rising 0.90% and regaining $32.00 a troy ounce at the time of writing.The precious metal continued to perform positively on Monday after US President Donald Trump imposed a 25% tariff on all aluminum and steel imports. This prompted traders to seek the safety of haven assets such as Silver, Gold, and the US Dollar.As of this News Release Silver price is at $32,157 Source: Newsmaker.id
Gold prices continued their record on Tuesday (2/11) and broke through the key level of $2,921 for the first time, supported by safe haven demand as US President Donald Trump's new tariff threats amplified concerns about trade wars and inflation. Meanwhile, investors will focus on Federal Reserve Chairman Jerome Powell's testimony before Congress on Tuesday and Wednesday for clues on the trajectory of monetary policy. Source: Newsmaker.id
U.S. President Donald Trump announced Monday evening on Truth Social that Israel and Iran have agreed to a "Complete and Total CEASEFIRE" following what he referred to as "THE 12 DAY...
Gold moved above $2600 on Monday during the Asian trading session. Currently, Gold is still struggling to capitalize on last week's modest recovery from a one-month low and is fluctuating.
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