Silver prices traded steadily this morning in the range of $37–38 per ounce, supported by strong fundamentals. The market remains wary of a global supply deficit due to weak mining production growth, while demand from the industrial sector—particularly solar energy and electronics—continues to increase.
HSBC recently raised its 2025 average silver price projection to $35.14/oz, reflecting the potential for further strengthening. Other factors supporting prices include expectations of interest rate easing by the Federal Reserve and a weakening US dollar, which makes the precious metal more attractive to global investors.
Gold (XAU/USD) prices pared some of their intraday losses, although they remained pressured below the $3,400 level and above the two-week high reached last Friday. Amid optimistic market sentiment, t...
Gold prices fell on Friday (August 8th). Traders digested the latest tariff headlines as the precious metal headed for its second consecutive weekly gain. However, the decline in gold prices appears t...
Silver prices continue to strengthen, reaching their highest level since 2011. This surge is driven by strong industrial demand, particularly from the renewable energy, electric vehicle, and technolog...
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...
Global crude oil prices fell at the start of this week after posting their biggest weekly decline since late June. This decline comes ahead of a crucial meeting between US President Donald Trump and Russian President Vladimir Putin next Friday,...
The GBP/USD pair started the new week on a calm note, consolidating its relatively strong recovery from the 1.3140 area, its lowest level since April 14, reached earlier this month. Spot prices traded just below the mid-1.3400s during the Asian...
EUR/USD strengthened slightly after posting losses in the previous session, trading around 1.1650 during the Asian session on Monday (August 11th). The pair was supported by a strengthening euro (EUR), driven by prevailing expectations that the...
European stocks closed firmly higher to record sharp gains in the first week of August as markets continued to assess the outlook of the European...
Both the STOXX 50 and STOXX 600 rose 0.2% on Friday, putting them on track to close the week with strong gains of 3.3%, their best performance since...
The Federal Reserve is seen as more likely to slash interest rates at its upcoming policy meeting in September following President Donald Trump's...
New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in...