Gold (XAU/USD) rallies for the fifth day in a row. The precious metal pulls back below $2,700 again during the US session on Friday after the US Dollar (USD) gains ground following the release of stronger-than-expected activity data. Overall, however, Gold sees gains as inflaming Russia-Ukraine tensions drive renewed safe-haven flows.
The preliminary US Global Composite PMI rises to 55.3 in November from 54.1 in October, according to data on Friday. The Manufacturing PMI rose to 48.8 in line with expectations and the Services PMI rose to 57.0 from 55.0 previously and beat expectations of 55.3.
The data further strengthens the US Dollar (USD), which is underpinned by the anticipation of the Trump government implementing Dollar-positive policies in January and recent data evidencing a robust US labor market.
Source: newsmaker.id
Gold prices (December 24th) in the European session were stable at $4,491 ahead of Christmas Day tomorrow, with the market closing early tonight. Gold prices surged past $4,500 per ounce for the first...
Silver prices reached $72.63 per ounce on December 24, 2025, setting a new record driven by strong global demand and rising geopolitical tensions. This increase in silver prices was driven by factors ...
Brent oil prices rose today, reaching $61.58 per barrel, driven by several fundamental factors influencing the market. One of these is rising geopolitical tensions, particularly related to the threat ...
Gold Prices Soar Gold prices hit a record high on Tuesday, surpassing $4,480 an ounce for the first time, after posting a 2.4% gain in the previous session, their biggest surge in more than a month. T...
The price of silver (XAG/USD) continues to demonstrate strong bullish control and remains within a high range, even breaking a new record high above $69.00. This increase is supported by strong buying...
Gold (XAU/USD) started the year on a bullish note and registered impressive gains in the first quarter. Following a consolidation phase during the summer months, the precious metal surged higher in the third quarter and reached an all-time record...
The window dressing phenomenon is expected to again influence financial market movements throughout 2025, especially as each quarter approaches its close. This strategy is generally employed by investment managers to enhance portfolio performance...
Ukrainian President Volodymyr Zelenskiy called for a meeting with Donald Trump to hammer out the most sensitive issues in a future peace deal with Russia, such as control of territory, following the latest round of U.S.-Ukrainian talks. In remarks...
European markets moved into negative territory on Monday as last week's positive sentiment wears off.
The pan-European Stoxx 600 provisionally...
The US economy expanded in the third quarter at the fastest pace in two years, bolstered by resilient consumer and business spending and calmer...
US President Donald Trump said on Monday that the United States may store and possibly sell oil seized off the coast of Venezuela in recent weeks,...
European markets closed higher on Tuesday, paring the previous session's losses.
The pan-European Stoxx 600 closed up 0.3%, notching a new record...