Demand for silver continues to rise sharply, driven primarily by the technology, electric vehicle, and solar power sectors—where silver is highly sought after due to its superior electrical conductivity. Meanwhile, silver supply remains limited because many mines only produce silver as a byproduct of copper, lead, or zinc—so even when prices rise, production does not immediately respond.Due to the combination of rising demand and slow supply growth, the silver market has recorded a structural deficit for several consecutive years. This provides a strong fundamental basis for the potential...
Gold prices rose on Monday (September 29th), continuing their upward trend as the US dollar weakened. The weakening greenback made gold cheaper for holders of other currencies, boosting demand in global markets. Furthermore, the decline in US bond yields provided room for gold to move higher, as the opportunity cost of holding non-interest-bearing assets like bullion became lower. From a fundamental perspective, expectations for a Fed interest rate cut remained the main catalyst. The market viewed the latest inflation data as opening the door for the US central bank to ease monetary policy...
World oil prices are currently trading around $69,488 per barrel on Monday morning (September 29, 2025), still moving at low levels after selling pressure from last weekend. Market participants are beginning to reconsider the global demand outlook amid economic uncertainty, including a potential US government shutdown and signs of slowing energy consumption in China. On the supply side, the market is also awaiting OPEC+'s decision on a possible production increase in November. Although a small increase was previously scheduled, speculation is rife that the increase could be larger than...
Gold prices rallied again, approaching the $3,800 level during the Asian session on Monday (September 29th), driven by US inflation data that met expectations. This condition reinforced speculation that the US Federal Reserve (The Fed) will continue to cut interest rates by the end of the year, which could lower the opportunity cost of holding gold as a non-yielding asset. Furthermore, geopolitical uncertainty has also boosted demand for gold as a safe haven asset. Market participants are now awaiting speeches by several Fed officials on Monday, including Governor Christopher Waller and...
Silver prices remained strong in today's Asian session at around $46,303 per troy ounce, extending the upward trend that has been ongoing for the past few weeks. This price surge was driven by increasing investor demand for silver through ETFs, while physical supply in the global market is increasingly limited. Silver's lease rate, which has soared above 5%, indicates a tight supply of the physical metal, a situation not seen in recent years. In addition to investment factors, industrial fundamentals also supported silver's rise. Demand for this metal in the solar panel, semiconductor, and...
Gold weakened to around $3,740/oz on Friday as the US dollar strengthened after the release of solid economic data dampened expectations of a Fed interest rate cut. New jobless claims fell and second-quarter GDP growth was revised higher thanks to consumer spending and business investment, bringing the probability of a rate cut next month down to 85% from 90% ahead of tonight's PCE release—the Fed's favorite inflation indicator. Meanwhile, safe-haven sentiment remains supported by the risk of new tariffs announced by US President Donald Trump starting October 1: 100% on imported brand-name...