Silver prices are currently trading above $74.49 per ounce in the US session on Friday (December 26th), extending a remarkable rally that began several months ago, fueled by geopolitical tensions and a weakening US dollar. This surge was fueled by continued speculation, supply dislocations in major trading centers, and a large influx of funds into silver-backed ETFs. Rising demand, from both the investment and industrial sectors, has made silver a leading choice amidst the global economy.Silver is also supported by fundamental factors such as rising geopolitical tensions and concerns about...
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
Silver (XAG/USD) prices continued to hold Friday's gains near $32.30 during European trading hours on Monday (4/14). The white metal showed strength as the US Dollar (USD) continued to slide amid the escalating trade war between the United States (US) and China. China has raised import duties on US products to 125%, matching President Donald Trump's reciprocal tariff hike in retaliation. Such a scenario is not favorable for the US economy, given that the impact of higher tariffs will be borne by domestic importers. Such an event is expected to cause a significant decline in household...
Gold (XAU/USD) price declined after hitting a new record high on Monday (4/14) and traded with a mild negative bias around the $3,220 area during the first half of the European session. The positive sentiment around the equity markets prompted profit-taking around the precious metal amid slightly overbought conditions on the daily chart. Source: Newsmaker.id
Silver prices fell on Monday (4/14) as trade tensions eased after U.S. President Donald Trump exempted smartphones and computers from "reciprocal" U.S. tariffs. The White House announced exemptions from the high reciprocal tariffs on Friday. However, Trump reiterated on Sunday his administration's latest message that exemptions for smartphones and computers from its reciprocal tariffs on China would be short-lived. Source: Newsmaker.id