Silver (XAG/USD) strengthened in the European session on Monday above $31.20 troy ounce. The metal is supported by its dual role as an industrial metal and a precious metal as a safe haven asset.
The latest economic data from China provided mixed signals, with the Consumer Price Index (CPI) posting its smallest increase in five months while the Producer Price Index (PPI) showed signs of improvement.
These indicators point to moderate stability in China, the world's largest silver consumer, which provides additional support for the metal.
Source: newsmaker.id
Gold prices held steady on Tuesday (August 5th), holding near the two-week high reached in the previous session, as weaker-than-expected US employment data raised expectations for a September interest...
Silver prices stabilized during the Asian session on Tuesday (August 5th), after rising in the previous two sessions, amid growing expectations of an interest rate cut by the Federal Reserve (Fed) in ...
Gold prices held steady around $3,380 per ounce during the Asian trading session on Tuesday (May 8) amid strong expectations of a Fed interest rate cut in September, fueled by weak US employment data ...
Gold prices (XAU/USD) have declined from the $3,369 region, a more than one-week high touched during the Asian session on Monday (August 4th), and currently appear to be stagnating after a relatively ...
Gold prices fell slightly on Monday (August 4th) as investors took profits following the sharp rally in the previous session, driven by weaker-than-expected US employment data. Nonfarm payrolls data ...
The Australian Dollar (AUD) edges modestly higher against the US Dollar (USD) on Tuesday, paring early losses as the Greenback comes under renewed pressure amid fresh signs of a slowing US economy. The AUD/USD pair drifted lower for most of...
President Donald Trump announced Tuesday that Scott Bessent has declined consideration for Federal Reserve Chair while praising "both Kevins" - Kevin Warsh and Kevin Hassett - as "very good" candidates for the position. Speaking on CNBC, Trump...
European shares closed higher on Tuesday, buoyed by better-than-expected corporate earnings and renewed optimism that the Federal Reserve may cut interest rates next month. The pan-European STOXX 600 index edged up 0.15%, with most regional...
European stock markets opened positively this week, with the Euro Stoxx 50 up 0.6% and the broader Stoxx 600 up 0.2%. This rebound follows a sharp...
White House economic advisers on Sunday defended President Donald Trump's firing of the head of the Bureau of Labor Statistics, dismissing criticism...
The European Union will suspend its two packages of countermeasures to U.S. tariffs for six months following a deal with U.S. President Donald...
Tensions and fears are running high in Switzerland, as the deadline to strike a trade agreement with the U.S. looms just days away.
Without a deal,...