Gold prices held steady on Friday (August 15th), continuing the previous session's decline and on track for their worst week since late June. Sentiment was weighed down after a series of stronger-than-expected US data eroded hopes of a significant Fed interest rate cut, causing the dollar and US bond yields to strengthen and dampen interest in non-yielding assets like gold. Pressure intensified after the US PPI rose at its fastest pace in three years in July, well above consensus, indicating that companies were beginning to pass on tariff-induced import cost increases to final...
Silver prices climbed toward $33 per ounce on Friday, hovering close to four-month highs as trade and geopolitical uncertainties drove demand for safe-haven metals. Earlier this week, US President Donald Trump announced plans to impose tariffs on imports of automobiles, semiconductors, and pharmaceuticals, while subsequently adding lumber and forest products, reigniting fears of a broader global trade war. Market anxiety also deepened following Trump's remarks calling Ukrainian President Volodymyr Zelenskiy a dictator amid ongoing peace talks with Russia to end the war in...
Gold prices fell on Friday (21/2) but were headed for an eighth straight weekly gain after hitting two consecutive record highs, as safe-haven demand remained strong amid concerns over U.S. President Donald Trump's tariff plans. Spot gold fell 0.4% to $2,926.54 an ounce by 0945 GMT. Bullion is up about 1.5% this week after rising to a record $2,954.69 on Thursday. U.S. gold futures fell 0.5% to $2,940.90. Source: Newsmaker.id
Silver (XAG/USD) prices remained under pressure after rising in the previous session during the Asian trading hours on Friday. Safe-haven metals such as Silver faced selling pressure as risk sentiment strengthened following US President Donald Trump's announcement of potential progress in trade negotiations with China. Trump's remarks helped ease market concerns over tariffs, and he expressed hope that Chinese President Xi Jinping might visit, while also discussing matters related to TikTok. Until this News Released the price of silver was at the level of $ 32,843 Source: Newsmaker.id
Gold prices are stable again in the positive area on Friday (21/2).Gold demand remains driven by uncertainty about global trade. The weak US dollar and falling US Treasury bond yields have made XAU/USD trade with a moderate increase of 0.23% approaching $2,941 at the time of writing. Source: ads@ Newsmaker.id
Silver prices rose on Thursday, recovering losses from the previous session as trade and geopolitical uncertainty boosted demand for the safe-haven metal. Earlier this week, U.S. President Donald Trump announced plans to impose 25% tariffs on imports of cars, semiconductors and pharmaceuticals, rekindling fears of a broader global trade war. Source: Newsmaker.id