Gold prices weakened in recent trading, pressured by a strengthening US dollar and rising US government bond yields, as investors digested the latest economic data from the United States. Market sentiment also tended to be cautious ahead of the release of several important economic data, prompting market participants to reduce positions in safe-haven assets. Nevertheless, gold's weakness is considered limited as global uncertainty and geopolitical risks remain supporting factors. Investors are now awaiting further signals regarding the direction of the Fed's interest rate policy, with...
Silver (XAG/USD) today consolidated around $78.05/oz (real-time), following high volatility in recent sessions. This area indicates the market is "holding its breath" as market participants await a major trigger—hence, its movement tends to fluctuate slightly while seeking a new direction.From a fundamental perspective, the two factors driving silver most today are the rebalancing of commodity indices, which could trigger futures selling (more of a short-term "paper market" pressure), and the direction of the dollar and US interest rates ahead of Friday's NFP release. Recent US data has been...
Gold prices fell in recent trading as investors opted to take profits after the previous rally, while awaiting confirmation from US economic data. The market's focus is now on the release of employment data, which is expected to determine the direction of the Fed's interest rate policy. Therefore, interest in buying gold tends to be restrained, despite still-high geopolitical tensions. Source: Newsmaker.id
Brent oil prices have fallen relatively as the market begins to consider the possibility of an end to the Russia-Ukraine conflict. If the war subsides, Russian oil exports, previously restricted by sanctions, could re-enter the market, adding to the already abundant global supply. This situation is pressuring prices even though global demand remains stable. On the other hand, other geopolitical tensions, such as the situation in Venezuela, remain a factor influencing the market. However, the potential for increased supply from countries like Venezuela and Russia is keeping investors...
Silver prices remain strong due to high industrial demand and limited supply. Silver is widely used in solar panels, electric vehicles, electronics, and other advanced technologies, while new production is not fast enough to meet market demand. This has led to a depletion of global physical silver stocks, supporting high prices. Furthermore, expectations of low US interest rates and geopolitical uncertainty make silver increasingly attractive as a safe haven asset. Investors tend to buy silver to protect their wealth, especially during times of global tension or market fluctuations, so...