Gold prices are approaching their highest levels today ahead of the European session. Gold is trading at $2,944 per ounce, and tends to be stable.
While Tim Waterer, chief market analyst at KCM Trade said, "Disappointing US macro data at the end of last week has chased the dollar, which has opened the door higher for gold,".
"With trade uncertainty not likely to go away anytime soon, gold could still aim for a new record high again this week."
As of this writing, gold is at $2,944
Source: ads@ Newsmaker.id
Gold prices (XAU/USD) rose to a weekly high early in the European session on Thursday as renewed trade concerns boosted demand for traditional safe-haven assets. Furthermore, growing acceptance that ...
Silver prices rose to $38.05 on Thursday (August 7), marking a fifth consecutive day of gains. This increase was supported by a weakening US dollar and market concerns over President Trump's planned a...
Gold strengthened on Thursday (August 7), driven by renewed safe-haven demand after US President Donald Trump imposed an additional 25% tariff on Indian imports, escalating trade tensions. Adding sup...
Gold prices weakened slightly on Wednesday (August 6th), consolidating after four days of gains, as investors digested weak US economic data and the possibility of President Donald Trump appointing ne...
Silver prices stabilized on Wednesday (August 6th) as expectations of a Fed interest rate cut increased following the release of weaker-than-expected US employment data. Besides its role as a precious...
Russia's deputy U.N. Ambassador Dmitry Polyanskiy said on Thursday that Russian President Vladimir Putin may meet with U.S. President Donald Trump next week, but said he was not aware of any planned meeting between Putin and Ukrainian counterpart...
Oil prices dropped on Thursday for a sixth consecutive session after the Kremlin said Russian President Vladimir Putin would meet U.S. President Donald Trump in the coming days, raising expectations for a diplomatic end to the war in...
The EUR/USD turned flat late on Thursday, spurred by rumors that the White House is considering Federal Reserve Governor Christopher Waller as the top candidate to be the next Fed Chair, succeeding Jerome Powell. Economic data in the US has been...
European stocks continued their gains for a second consecutive session on Tuesday (June 5), with the STOXX 50 and STOXX 600 rising 0.4%. Investors...
European shares closed higher on Tuesday, buoyed by better-than-expected corporate earnings and renewed optimism that the Federal Reserve may cut...
The ISM Services PMI unexpectedly fell to 50.1 in July 2025 from 50.8 in June, below forecasts of 51.5. The reading showed the services sector...
Donald Trump said he would impose a 100% tariff on semiconductor imports, though it would exempt companies that move production back to the United...