Silver prices held above $38.50 per ounce on Thursday (August 14th), hovering near a three-week high as expectations of a deeper Federal Reserve interest rate cut this year buoyed the market. Weaker US inflation data suggested that President Donald Trump's tariffs were not adding to price pressures, while signs of a weakening labor market reinforced the dovish outlook. The market is almost fully pricing in a September rate cut, with some anticipating a larger 50 basis point cut. Additionally, Treasury Secretary Scott Bessent called for multiple rate cuts and said the Fed could begin...
Harga emas menguat di sesi perdagangan pagi Asia hari Jumat (6/6), di dukung oleh pertemuan Trump dan Xi via telpon dan data ekonomi AS yang di rilis hari Kamis mengindikasikan pelemahan berkelanjutan dalam data pasar tenaga kerja AS serta meredanya ketegangan perang dagang. Presiden Trump mengatakan pembicaraannya dengan pemimpin Tiongkok Xi Jinping produktif dan kedua belah pihak sepakat untuk segera bertemu. Sementara investor tetap bersikap hati-hati jelang rilis laporan penggajian nonpertanian AS Jumat malam ini (6/6).
Gold prices fell on Thursday (05/06), supported by easing geopolitical tensions, dovish central bank signals and continued weakness in U.S. labor market data, factors that continued to boost demand for safe-haven assets. The call between President Xi and Trump came hours before German Chancellor Friedrich Merz's scheduled visit to the White House, where he is expected to press Trump to ease tariffs on European exports amid rising global trade tensions. Source: Newsmaker.id
Silver prices surged to $35.60 an ounce on Thursday (6/5), hitting their highest level since February 2012, as weak U.S. economic data and a dovish Federal Reserve outlook fueled safe-haven demand ahead of Friday's nonfarm payrolls report. Beyond economic fundamentals, geopolitical and trade tensions are adding to market jitters. The U.S. has doubled tariffs on steel and aluminum imports to 50%, stoking fears of renewed trade tensions with major partners. Source: Newsmaker.id
Gold rose on Thursday (06/05) in European trading, Gold continued its rise, The decline in hiring and contraction in US service activity have raised expectations of monetary policy easing to avoid a recession. Lower interest rates usually benefit non-interest bearing bullion. At the same time, demand for gold as a safe haven asset is also prominent, ANZ said. US relations with China and the European Union continue to deteriorate as President Trump doubles steel and aluminum tariffs to 50%, ANZ said. Source: Newsmaker.id
Gold rose on Thursday (06/05) in Asian trading, holding gains, after weaker-than-expected US data reinforced expectations that the Federal Reserve will cut interest rates at least twice this year to stave off a recession. Meanwhile, concerns about worsening tensions between the US and some of its major trading partners resurfaced after President Donald Trump doubled tariffs on steel and aluminum to 50%. Separately, he called his Chinese counterpart Xi Jinping "very difficult to make a deal with". Source: Newsmaker.id