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...
Silver prices rose above $32.50 an ounce on Wednesday, hitting a nearly two-week high as escalating trade tensions and broad economic uncertainty boosted safe-haven demand. The latest gains came after U.S. President Donald Trump ordered an investigation into potential new tariffs on all imports of critical minerals—most of which are sourced from China—further stoking fears of a deepening trade war. Beijing has continued to push back against what it calls Trump's "trade bullying" as it braces for a broader impact from existing and future U.S. tariffs. Source: Newsmaker.id
Gold prices topped $3,300 for the first time on Wednesday (16/4), as investors sought safe havens after U.S. President Donald Trump ordered an investigation into potential new tariffs on U.S. imports of critical minerals. Spot gold was up 2.3% at $3,301.78 an ounce by 1018 GMT, after hitting a record high of $3,317.90 earlier in the session. U.S. gold futures were up 2.4% at $3,317.70. "Trump's trade war shows no signs of slowing... triggering a fresh move into safe havens and out of stocks," said Ole Hansen, head of commodity strategy at Saxo Bank. Source: Newsmaker.id
Silver (XAG/USD) prices moved higher after a recent decline, during the Asian session on Wednesday (4/16). The increase occurred as the lingering uncertainty over US trade policy continued to fuel safe-haven demand for the precious metal. A weaker US Dollar (USD) also supported Silver prices, making dollar-denominated assets more attractive to foreign buyers. Safe-haven flows into Silver strengthened after US President Donald Trump called for an investigation into potential tariffs on all imports of critical minerals. The move signals a more aggressive trade stance and increases the risk of...
The price of gold strengthened to touch its highest level of $3263 on Wednesday (16/4) starting the morning with enthusiasm, this happened because of several factors, namely the investigation conducted by the Donald Trump administration which could expand the trade war, increasing investor concerns, thus increasing demand for valuable assets. It is likely that during the Asian session the price of gold will still be enthusiastic. Source: Newsmaker.id -ads
Silver prices are fluctuating again as Geopolitical instability or fear of a severe recession can cause silver prices to rise due to its status as a safe haven asset, although to a lesser extent than gold. As a non-yielding asset, silver tends to rise with lower interest rates. Its movements also depend on the behavior of the US Dollar (USD) since the asset is priced in dollars.As of this News Release, silver prices are at $ 32,300 Source: Newsmaker