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...
Emas lanjutkan penguatan minggu lalu di perdagangan pagi Asia berada di $3.098, dengan investor investor beralih ke aset safe haven di tengah isu tarif terbaru yang Presiden Donald Trump yang meningkatkan kekhawatiran akan perang dagang global. Penguatan emas minggu lalu didukung oleh meningkatnya permintaan aset berharga. Trump minggu lalu menandatangani proklamasi untuk mengenakan tarif 25% pada impor mobil, sementara pasar juga bersiap untuk apa yang disebut tarif timbal balik Gedung Putih yang akan diberlakukan pada hari Rabu.
Silver (XAG/USD) prices fell after rising more than 2% in the previous session, trading near $34.30 per troy ounce during Asian trading hours on Friday (3/28). Despite the decline, safe-haven demand for Silver remained strong amid rising risk aversion, driven by escalating trade tensions ahead of new US tariffs next week. US President Donald Trump recently imposed a 25% tariff on foreign-made cars and auto parts, prompting threats of retaliation from the European Union and Canada. This has raised concerns about a wider trade dispute and potential global economic impact. Source:...
Gold prices surged to a new record high in afternoon trading, peaking at $3,084 an ounce as concerns over global trade tensions and an uncertain economic outlook spurred safe-haven demand. Meanwhile, the latest US data showed the PCE price index - the Federal Reserve's preferred inflation gauge - rose 2.5% in the 12 months to February, still above the central bank's 2% target. Source: Newsmaker.id
Silver prices edged lower on Friday, after hitting their highest since October 2024, extending weekly gains to more than 2% as rising global trade tensions fueled demand for safe-haven assets. On Wednesday, President Donald Trump announced a 25% tariff on all imported cars and light trucks, set to take effect April 2, along with reciprocal tariffs on countries that impose levies on U.S. goods—actions he has vowed to continue throughout his second term. The tariffs have raised concerns about collections, adding pressure on economic growth while helping to revive inflation. Source:...
Gold rose to a record high as concerns about a widening trade war remained top of mind for investors, after President Donald Trump pushed ahead with U.S. tariffs on all auto imports. Gold is on track for a fourth weekly gain, with prices supported by rising demand for safe haven assets. Markets are also bracing for a fresh round of trade levies on April 2 as the White House prepares to implement so-called reciprocal tariffs. The exact scope of the plan is unclear. Source: Newsmaker.id