Today, silver prices remained supported by growing expectations of further Fed monetary easing (rate cuts), providing dovish momentum that benefits non-yielding assets like silver.
Furthermore, silver is always more price-sensitive than gold due to its smaller volume and more volatile nature. This means that while today's gains were not as explosive as those of the yellow metal, silver is able to react more sharply to positive news related to monetary policy and global sentiment. With the combination of strong demand, limited supply, and dovish policy expectations, fundamentals support the potential for a continuation of the upward trend in the short to medium term.
The silver price at the time of writing was up 0.15% at $37.935/oz.
Source: Newsmaker.id
Gold rose to around $4,340/oz on Friday, approaching the record set earlier in the week and poised to close the week with a sharp gain—the strongest in a nine-week rally. Flights to safety remain stro...
Silver traded at $53,806/oz in Asia, remaining near its latest record. Safe-haven flows remained strong due to US-China tensions and macroeconomic uncertainty, while bets on a Fed rate cut held down y...
Oil prices rose after US President Donald Trump announced that India would stop buying oil from Russia. This move is expected to tighten global supply, pushing Brent to $62 and WTI to near $59 per bar...
On Wednesday, October 15th, spot silver prices hovered around $51.928/oz, easing from yesterday's record surge that briefly reached $53+ in London. The extreme rally was fueled by a physical metal sho...
On Wednesday (October 15th), during the Asian session, gold prices traded around $4,166, driven by expectations of lower US bond yields following Jerome Powell's signal of a 25 bps interest rate cut t...
US stocks rose on Friday (October 17th) as investors reacted positively to President Trump's remarks alleviating concerns about further trade escalation with China, while regional bank stocks rebounded after Thursday's sharp declines. The S&P...
Oil prices posted a slight increase on Friday (October 17th), but were close to a weekly loss of nearly 3% after the International Energy Agency (IEA) forecast a widening oversupply, and U.S. President Donald Trump and Russian President Vladimir...
Gold prices (XAU/USD) fell 2% after hitting a record high of $4,379 on Friday (October 17th), falling below $4,250, triggered by comments by US President Donald Trump that triple-digit tariffs against China were unsustainable. At the time of...
Federal Reserve Governor Christopher Waller said on Thursday he's on board with another interest rate cut at the U.S. central bank's policy meeting...
Ukraine has imposed emergency power outages in all but two regions following a series of Russian attacks that have crippled the country's energy...
Asian stock markets opened higher on Thursday morning (October 16th), following a positive close on Wall Street despite volatile trading. Stocks in...
US stocks closed higher on Wednesday, despite ongoing US-China trade tensions and the ongoing government shutdown. The S&P 500 rose 0.4%,...