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 fell below $31 an ounce on Thursday (1/23), but remained near a six-week high, as U.S. President Donald Trump's tariff threats fueled demand for the safe-haven asset. Trump indicated on Tuesday that he was considering a 10% tariff on Chinese imports starting Feb. 1, just one day after threatening Mexico and Canada with tariffs of around 25%. However, with no action taken, there is hope that the administration could take a more cautious stance on tariffs. Silver also remains supported by expectations of further interest rate cuts by the Federal Reserve this year, which could...
Gold prices maintained their negative bias through the early European session on Thursday (1/23), although there was no follow-through selling and remained close to the highest level since early November hit the previous day. Uncertainty surrounding US President Donald Trump's tariff plans, which could trigger a trade war and increase market volatility, should help limit losses for XAU/USD, warranting caution before confirming that the month-long uptrend has run out of steam. Source: Newsmaker.id
Silver prices (XAG/USD) experienced a slight decline on Thursday (1/23). The white metal fell as the US Dollar (USD) stabilized around 108.2 after facing pressure earlier in the week, as investors await further clarity on President Donald Trump's policy plans. Source: Newsmaker.id
Gold prices were stable in early Asian trading on Thursday (23/1), still supported by the prospect of strong demand for the precious metal. A weaker dollar and lower Treasury yields have again attracted investor interest Gold is up about 2% so far this week and is holding near its highest level since October, as traders weigh the impact of President Donald Trump's latest tariff threats against China and the European Union on the global economy. Source: Newsmaker.id
Silver prices rose on Wednesday (22/1), The white metal strengthened as the US Dollar (USD) continued to weaken due to the less worrying tariff plan announced by United States (US) President Donald Trump in the first two days of his administration.At the time of writing, silver was at $30,866Source: Newsmaker.id