Gold (XAU/USD) prices pared some of their intraday losses, although they remained pressured below the $3,400 level and above the two-week high reached last Friday. Amid optimistic market sentiment, the moderate strengthening of the US dollar (USD) prompted profit-taking around the commodity after its recent gains over the past week or so. However, a combination of factors helped limit the decline in the precious metal. Source: Newsmaker.id
Gold prices fell on Monday (26/5) at the beginning of the Asian trading session. When the market opened until this news, the gold price movement tended to experience a decline of 0.50% and moved in the area of $ 3339. From a fundamental perspective, gold prices were driven by Donald Trump's easing of policy towards the European Union by extending the deadline for comprehensive tariff measures. Although a softer stance on trade will increase demand for safe haven assets, gold's appeal as a safe haven asset has strengthened amid growing concerns about the US government's fiscal position...
Gold prices rose 2% on Friday and headed for their best week in six, as investors sought safe havens amid new tariff threats from U.S. President Donald Trump and a weaker dollar. Global stocks fell on Wednesday after Trump delivered his latest unexpected trade bombshell, recommending a 50% tariff on European Union imports starting June 1. Trump also said Apple would pay a 25% tariff on iPhones sold in the United States but not made in the country. Source: Newsmaker.id
Silver prices moved higher after posting a loss of more than 1% in the previous session. Manufacturing-sensitive commodities, including silver, faced challenges due to growing concerns about the widening fiscal deficit in the United States (US).As of this writing, silver prices were at $33,158 Source: Newsmaker.id
Gold prices fell in early Asian trading on Friday (5/23). This was supported by lingering concerns over the ballooning US deficit, which usually strengthens the appeal of the precious metal as a safe haven asset. President Trump's "big, beautiful bill" was passed by the House of Representatives on Thursday, paving the way for the bill to be submitted to the Senate. Source: Newsmaker.id
Silver (XAG/USD) reversed sharply on Thursday (5/22). The decline in the white metal occurred ahead of the release of the US Purchasing Managers' Index (PMI), which showed that the decline was mainly technical in nature and was driven by the initial stabilization of the US Dollar and profit-taking after a sharp rise on Wednesday. Source: Newsmaker.id