Silver prices have strengthened again following growing confidence that the US Federal Reserve will cut interest rates. When interest rates fall, precious metals like silver become more attractive because their value tends to stabilize amid economic uncertainty. Furthermore, many investors are starting to view silver as a hedge against inflation and a weakening US dollar. This increase is also driven by increasing demand from the technology and green energy industries. Silver is widely used in solar panels and electric vehicles, thus strengthening its prospects for a clean energy...
The US Dollar (DXY) is down about 0.40% today and is trading near 98.70. With the US Dollar Index (DXY) down about 0.40% today and is trading near 98.70.Despite the US Dollar continuing to weaken, Silver prices could again experience selling pressure as market players consider the possibility of a trade deal between the US and Japan in mid-June. Source: Newsmaker.id
Gold prices fell on Monday (26/5) at the beginning of the Asian trading session. When the market opened until this news, the gold price movement tended to experience a decline of 0.50% and moved in the area of $ 3339. From a fundamental perspective, gold prices were driven by Donald Trump's easing of policy towards the European Union by extending the deadline for comprehensive tariff measures. Although a softer stance on trade will increase demand for safe haven assets, gold's appeal as a safe haven asset has strengthened amid growing concerns about the US government's fiscal position...
Gold prices rose 2% on Friday and headed for their best week in six, as investors sought safe havens amid new tariff threats from U.S. President Donald Trump and a weaker dollar. Global stocks fell on Wednesday after Trump delivered his latest unexpected trade bombshell, recommending a 50% tariff on European Union imports starting June 1. Trump also said Apple would pay a 25% tariff on iPhones sold in the United States but not made in the country. Source: Newsmaker.id
Silver prices moved higher after posting a loss of more than 1% in the previous session. Manufacturing-sensitive commodities, including silver, faced challenges due to growing concerns about the widening fiscal deficit in the United States (US).As of this writing, silver prices were at $33,158 Source: Newsmaker.id
Gold prices fell in early Asian trading on Friday (5/23). This was supported by lingering concerns over the ballooning US deficit, which usually strengthens the appeal of the precious metal as a safe haven asset. President Trump's "big, beautiful bill" was passed by the House of Representatives on Thursday, paving the way for the bill to be submitted to the Senate. Source: Newsmaker.id