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...
Silver prices (XAG/USD) strengthened in European trading (August 26th), rebounding from the previous session's decline. This strengthening was largely driven by political uncertainty in the US, following President Donald Trump's dismissal of Federal Reserve Governor Lisa Cook. This move sparked concerns about the Fed's independence and the direction of monetary policy, prompting investors to seek safe-haven assets like silver. Beyond political factors, industrial demand for silver remains solid, particularly from the renewable energy sector. Recent data shows that Chinese solar cell exports...
Oil prices reversed after a four-day rally as the market sought certainty about supply. Investors were also monitoring the impact of US President Donald Trump's decision to remove Fed Chair Lisa Cook, which sparked concerns about the central bank's independence and dampened risk appetite. Fundamentally, oil prices remain within a narrow range. OPEC+ has increased production in recent months (including around 547,000 bpd for September), while the IEA warned of the risk of a surplus heading into 2026 despite supply disruptions caused by Ukraine's attack on Russian energy infrastructure. The...
Silver prices showed some strength this morning, as market participants shifted their attention to the precious metal as a safe-haven asset following the dismissal of Federal Reserve Chair Lisa Cook. This action has undermined investor confidence in the independence of the US central bank and weakened the dollar. Demand for safe-haven assets such as gold and the yen has increased, driving the dollar index lower and increasing expectations of faster interest rate cuts. Due to the weakening dollar, silver has again found support from investors seeking a safe haven. Source: Newsmaker.id
Gold prices have the potential to gain support this morning following news of US President Donald Trump's removal of Federal Reserve Governor Lisa Cook. This action raises uncertainty regarding the direction of the Fed's monetary policy, as Trump's move is seen as an attempt to expand his influence over the central bank. Political uncertainty and the risk of intervention in the Fed's independence typically drive investors to seek safe-haven assets, including gold, to cushion price declines or even drive gains in early trading. Furthermore, market expectations for a Fed interest rate cut...
Silver prices (XAG/USD) weakened on Monday (August 25th), hovering around $38.749 per troy ounce after a three-day rally. This weakening was in line with the slight strengthening of the US dollar, which made the USD-denominated precious metal less attractive to foreign investors. However, strong expectations for a Federal Reserve interest rate cut next month continue to provide fundamental support, as silver, along with gold, tends to strengthen in low interest rates. On the demand side, industrial fundamentals also support silver prices, particularly due to increasing demand from the...