Gold prices held above $4,100/oz on Tuesday (November 11) during the Asian session. This was supported by increasing expectations of a Fed interest rate cut following a series of weak US economic data. On Monday, gold briefly touched a two-week high, while inflows into global gold ETFs in October increased again, providing a more solid basis for demand. The dollar also weakened on hopes of a resolution to the US government shutdown, while the US 10Y yield held near 4.12%, a tame level supporting gold. At the time of this analysis, gold prices were around $4,118. Disclaimer:This article is...
Gold prices are currently rising, driven by increased demand for safe-haven assets amid global uncertainty. Pressure from political turmoil and the prospect of a Fed interest rate cut this month has prompted investors to shift their portfolios to precious metals. Market sentiment is also supported by the weakening US dollar, which provides more room for gold to strengthen. Analysts believe that as long as macroeconomic and geopolitical uncertainty remains high, gold has the potential to maintain its momentum above the psychological level of $3,600. Source: Newsmaker.id
Gold hit an all-time high of $3,600, driven by expectations of a Fed rate cut, a weakening dollar, and safe-haven demand. Momentum remains strong, with institutional and ETF inflows driving the rally. Key levels: support at $3,560–3,580 (retest), then $3,520; resistance at $3,650 and $3,700. Quick strategy: buy on a price drop above $3,560, be aware of CPI/NFP data releases and a spike in yields. Keep a clear stop-loss (SL) below $3,520. The gold price at the time of writing was $3,605/Toz. DISCLAIMERNote: This article is analytical only and is not a definitive reference. Consider...
OPEC+ agreed to increase production by 137,000 barrels per day starting in October 2025. This increase is slower than in previous months and was decided by the eight core members, as a further step in reopening the tap after a long period of cuts. The voluntary cuts of 1.65 million bpd, originally planned until 2026, are now being gradually reversed. Russia (Alexander Novak) emphasized that the decision is being evaluated monthly and could be reversed if market conditions change. The impact is expected to be moderate as some members still have limited capacity. In the market, Brent prices...
Silver (XAG/USD) $40,898: The rally has subsided and prices are consolidating; the bias remains sideways to bullish, supported by expectations of a Fed rate cut and industrial demand. Key levels: resistance $41.50–$42.00 (break → $43–$44); support $40.50 then $39.80 (break → deeper correction).Silver prices at the time of writing were up -0.30% to $40.875/Toz. DISCLAIMERNote: This article is for analytical purposes only and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.Source: Newsmaker.id
Silver prices fell to $40.80 per ounce on Thursday, opening the European session (September 4th) due to profit-taking after a sharp rally. The market remains optimistic as the Fed is almost 98% certain to cut interest rates this month.From the industrial perspective, demand for silver remains strong thanks to a surge in Chinese solar panel exports, making the metal attractive as both a safe haven asset and an industrial commodity.The silver price at the time of writing was up -0.76% to $40.892/Toz.DISCLAIMERNote: This article is for analytical purposes only and is not a definitive reference....