Silver prices strengthened on Wednesday (August 13th) amid positive sentiment in the precious metals market. This strengthening was driven by a weakening US dollar following the release of weaker-than-expected US economic data, fueling speculation that the Federal Reserve could soon cut interest rates. Silver demand was also supported by a solid industrial outlook, particularly in the renewable energy and manufacturing sectors, strengthening its appeal as both a safe haven asset and an industrial commodity. Source: Newsmaker.id(alg)
Silver rose during Asian trading hours on Monday (6/23). The white metal attracted some buyers amid rising tensions in the Middle East after the US bombed an Iranian nuclear site. The United States carried out airstrikes on three nuclear sites in Iran early Sunday despite US President Donald Trump's long-standing pledge to avoid new foreign conflicts. Source: Newsmaker.id
Gold Prices moved at $3357 in the Asian session on Monday (23/06). You need to know that currently gold prices are showing a strengthening trend along with increasing global uncertainty, especially after tensions in the Middle East and monetary policy decisions by major central banks. Fundamentally, demand for safe assets is increasing, driven by concerns about inflation and geopolitical turmoil. A slight correction at the beginning of the Asian session has occurred, but it has not changed the trend. Especially, if tensions in Iran continue, gold is expected to remain the main choice for...
Gold prices are steady in holiday-thinned trade as markets digest the Federal Reserve meeting results and the Middle East conflict. Israel and Iran continue to exchange blows, with Trump saying he will decide on a US strike on Iran "within two weeks." The safe-haven metal is trading in a tight range amid lower volumes, but the underlying risks remain real, says Tammy Da Costa at FXStreet. Fundamentally, gold prices are still supported by several factors, the increasingly heated geopolitics between Iran and Israel, and Trump's Tariff Uncertainty Source: Newsmaker.id
Gold prices rose slightly at the start of the Asian session on Thursday (19/06) following a decline in the previous session triggered by Federal Reserve Chairman Jerome Powell's warning about the risk of inflation to the US economy. Fundamentally, gold prices are still supported by several factors, the increasingly heated geopolitics between Iran and Israel, and Trump's Tariff Uncertainty Source: Newsmaker.id
Silver (XAG/USD) rose on Wednesday (6/18). The white metal is currently trading just above the $37.00 round figure and seems poised to extend its recent uptrend from April monthly swing lows. In addition, the Middle East conflict is escalating into a wider war after President Donald Trump called for Iran's unconditional surrender. Source: Newsmaker.id