Gold prices (December 24th) in the European session were stable at $4,491 ahead of Christmas Day tomorrow, with the market closing early tonight. Gold prices surged past $4,500 per ounce for the first time, while silver, platinum, and palladium also hit record highs. This increase was driven by surging demand for safe haven assets amid geopolitical and global trade risks, as well as expectations of further US interest rate cuts in 2026. Investors flocked to precious metals as a hedge.According to analysts, this trend is reinforced by the de-globalization narrative, where gold and precious...
Gold prices are in the $2625 area after touching the $2639 area today.The precious metal is stable amid concerns about rising geopolitical tensions as Russian President Vladimir Putin approved a revision of the country's nuclear policy. The move has raised fears of a nuclear war, prompting investors to turn to safe haven assets such as Gold. Source: newsmaker.id
Harga perak (XAG/USD) terus menguat untuk hari kedua berturut-turut, diperdagangkan di sekitar $31,372 per troy ounce pada sore ini. Logam Putih ini sebagai aset safe haven telah mengalami peningkatan permintaan di tengah meningkatnya ketegangan geopolitik. Presiden AS Joe Biden mengizinkan Ukraina untuk menggunakan senjata buatan AS untuk melakukan serangan jauh di dalam Rusia, sebuah langkah yang menimbulkan kekhawatiran di kawasan tersebut. Sumber: newsmaker.id
Silver prices (XAG/USD) continued their positive streak for the second day, trading around $31.32 per troy ounce during the Asian session on Tuesday (11/19). Dollar-denominated silver prices recovered from a two-month low as the USD halted its recent rally. The rally was driven by expectations of fewer Federal Reserve (Fed) interest rate cuts and optimism about better US economic performance under the incoming Trump administration. Source: newsmaker.id
Gold traded higher, hitting a daily high of $2625 in Asia amid continued prospects for a Fed rate cut. Central bank speakers have played down concerns about an end to monetary easing, ANZ Research analysts wrote in a note. They cited remarks from Chicago Fed President Austin Goolsbee who said interest rates would be significantly lower over the next 12-18 months, as long as inflation continues to fall towards the central bank's 2% target. In addition, geopolitical factors between Russia and Ukraine also boosted the yellow metal. Gold prices at the time of this news release were +0.5% at...
Gold rise around 1.8% on macroeconomic concerns. Economic uncertainty, the threat of intensified trade wars under a Trump administration and the potential escalation of conflicts in Ukraine and the Middle East are likely boosting gold's appeal as a safe-haven. There is growing scepticism over Trump's claims he could end the wars quickly, and escalating tensions further complicates the scene, gold may face short-term pressure. The acceleration of inflation in the U.S. after Trump's victory and cautious statements from the Federal Reserve have diminished expectations of an interest rate cut...