Silver prices were steady in the European session on Wednesday (6/10). The white metal consolidated as investors awaited the US Consumer Price Index (CPI) data for May, which will be published at 12:30 GMT.
Economists expect US headline inflation to accelerate to 2.5% annually, compared to 2.3% in April. In the same period, core CPI – which excludes volatile food and energy prices – grew by 2.9%, faster than the previous release of 2.8%. On a monthly basis, headline and core CPI are expected to grow by 0.2% and 0.3%, respectively.
The rising price pressure scenario will allow Federal Reserve (Fed) officials to maintain their stance on keeping interest rates at current levels for quite some time until they gain clarity on how much the new economic policies of US President Donald Trump will impact the economic outlook and inflation.
Source: Newsmaker.id
Silver prices are currently trading above $74.49 per ounce in the US session on Friday (December 26th), extending a remarkable rally that began several months ago, fueled by geopolitical tensions and ...
Gold reached an all-time high, continuing its extraordinary rally fueled by geopolitical tensions and a weakening US dollar. Spot gold prices rose 1.2% to above $4,530 per ounce, influenced by tension...
Gold reached an all-time high, continuing its extraordinary rally fueled by geopolitical tensions and a weakening US dollar. Spot gold prices rose 1.2% to above $4,530 per ounce, influenced by tension...
World oil prices moved slightly higher in today's trading, with Brent rising slightly to around US$62.3 per barrel and WTI around US$58.4 per barrel, as the market weighed geopolitical tensions in Ven...
Silver continues its rally, reaching a record high of around $75 per ounce, driven by a combination of strong industrial demand, tight supply, and growing expectations of a Fed interest rate cut. This...
The S&P 500 and Dow rose 0.1%, closing at record highs as strength in the technology and energy sectors offset caution related to strong growth data. The Nasdaq also rose 0.1%. Nvidia rose 1% after announcing a licensing deal with AI startup...
Silver broke through $77 for the first time on Friday (December 26th), while gold and platinum hit record highs, driven by expectations of a US Federal Reserve interest rate cut and geopolitical tensions fueling demand for safe-haven assets. Spot...
Oil prices fell more than 2% on Friday (December 26th) as investors weighed the threat of a global oversupply, while also keeping an eye on a potential Ukraine peace deal ahead of talks later this week between Ukrainian President Volodymyr...
Bank of Japan (BOJ) Governor Kazuo Ueda stated that achieving 2% inflation is getting closer, although real inflation remains low. Ueda emphasized...
The White House has ordered U.S. military forces to focus almost entirely on enforcing a Venezuelan oil "quarantine" for at least the next two...
As quarter-end and especially year-end approaches, financial markets often experience a phenomenon known as window dressing—where investment...
In November 2025, housing starts in Japan declined by 8.5% year-on-year, significantly worse than market expectations of just 0.4%. This decline...