Oil prices weakened following the Trump-Putin meeting in Alaska today. Brent fell 0.93% to $66.18/barrel at the time of writing.The market is weighing the possibility of a ceasefire in Ukraine, which could lead to the easing of Russian oil sanctions, versus a stalemate that risks triggering secondary US sanctions.Sentiment is also underscored by weak Chinese data (falling factory output, slowing retail sales) and concerns about a supply surplus as OPEC+ production increases. The IEA assesses that the market is likely oversupplied, making prices easily bearish. Oil prices at the time of...
Silver held steady around $32.30 an ounce on Tuesday, pausing after a four-session rally as investors digested mixed signals about U.S. trade policy and its broader economic implications. However, uncertainty remains after the U.S. Commerce Department launched a national security investigation into imports of semiconductors and pharmaceuticals. Source: Newsmaker.id
Gold prices rose on Tuesday (4/15), as investors turned to the safe haven asset amid ongoing broadcasts about US President Donald Trump's tariff plans, which could escalate the ongoing trade war and slow global economic growth. Source: Newsmaker.id
Silver prices fell on Tuesday (4/15), snapping a three-day rally as easing trade tensions dampened demand for safe-haven assets. The pullback followed U.S. President Donald Trump's decision to exempt key technology products from his newly announced "reciprocal" tariffs, lifting global market sentiment. China's Commerce Ministry welcomed the exemptions as a "small step," while urging the U.S. to fully remove the broader 145% levies on Chinese goods. Markets are now focused on upcoming trade negotiations between the U.S. and key partners, including Japan, India and South Korea. Until this...
Gold prices tend to be stable and are still moving in the $3212 area this morning, during yesterday's US session they tended to be sideways and fairly flat. This is still supported by the US plan to impose more tariffs triggering investor anxiety. The opportunity for a decline still exists and seems limited when viewed from a technical perspective, while from a fundamental perspective, gold prices still have many opportunities to rise in the future, amid the uncertainty of Donald Trump's policy which still gives 90 days to countries given tariffs except China. Source: Newsmaker.id -ads
Silver prices (XAG/USD) are still holding on to gains. The white metal is showing strength as the US Dollar (USD) continues to slide amid the escalating trade war between the United States (US) and China. The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, fell near 99.60.China has raised import duties on US products to 125%, matching President Donald Trump's reciprocal tariff hikes in retaliation.Until this News Release, Silver Price is at $ 32,199 Source: Newsmaker.id