Silver prices fell to around $38.99 per ounce as the market grew more optimistic about a trade deal between the US, EU, and Japan. Demand for safe-haven assets weakened, despite lingering uncertainty regarding US tariffs on South Korea, India, and the outcome of next week's Fed meeting.
Technically, silver is holding below the $40.00 resistance and is now testing the $38.60 support. A breakout would potentially lead to a drop to $38.00. However, if it holds above $39.00, there is a chance of a rebound if dovish sentiment from the Fed emerges.
Source: Newsmaker.id
Silver prices weakened slightly and are now hovering around US$39–39.40 per ounce, still near their highest levels since 2011. Strengthening bond yields and the US dollar have somewhat curbed the upwa...
Gold prices held at low levels on Friday (July 25th) morning, after previously falling on US employment data showing a strong labor market. This decline occurred despite gold still posting a small we...
Silver prices (XAG/USD) continued their decline for the second consecutive session, trading around $39.10 per troy ounce during the Asian session on Thursday (July 24th). Silver prices weakened due to...
Gold prices continued to decline on Thursday (July 24th), as easing trade tensions reduced demand for safe-haven assets, offsetting support from a weakening dollar.As of this writing, gold was at $3,3...
Gold prices strengthened slightly in early Asian trading on Thursday (July 24th), driven by the possibility of position adjustments after a three-day rally in gold futures ended overnight. The researc...
European Commission President Ursula von der Leyen said she will travel to Scotland this weekend to meet with US President Donald Trump, as both sides aim to reach a trade deal before the August 1 deadline when 30% tariffs on the bloc's exports are...
European stocks closed mostly lower on Friday (July 25th) as markets continued to monitor the latest corporate earnings reports while awaiting the latest developments in trade relations between the European Union and the US. The STOXX 50 edged...
US President Donald Trump is unlikely to follow through on his threat to impose 100% tariffs on countries buying Russian oil, as it would exacerbate politically damaging inflationary pressures. Similar threats against Venezuelan oil buyers have...
European stocks closed sharply higher on Wednesday (July 23), halting three previous trading sessions' declines, buoyed by speculation that the US...
European stocks closed lower for a third session amid persistent concerns about US tariffs. The Eurozone STOXX 50 index fell 1% to 5,288, and the...
Equities in Indonesia rose 64 points, or 0.9%, to 7,555 around noon on Thursday, gaining for a second straight session and supported primarily by...
US stocks closed mixed on Tuesday (July 22nd), as the S&P 500 hit a new record, rising nearly 0.1%, the Dow Jones Industrial Average rose 170...