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
Silver prices rose on Monday (5/19) in early European trading. Silver was marketed at $32.53 per troy ounce, up 0.75% from $32.29 on Friday. Meanwhile, the dollar weakened and a credit rating agency Moody's has lowered the US credit rating one notch - from Aaa to Aa1 - citing rising debt levels and a growing burden of interest payments. The price of silver when this news was released was at $32,526/Toz. Source: Newsmaker.id
Gold prices rose on Monday (5/19) as the dollar weakened and trade concerns resurfaced, following U.S. Treasury Secretary Scott Bessent's reaffirmation of President Donald Trump's tariff threats, fueling safe haven demand. Source: Newsmaker.id
Silver is under pressure again after the White House has signaled that Washington will "conduct a series of negotiations" with Beijing to avoid "escalating trade tensions, We will conduct a series of negotiations with China to prevent further escalation.Until this News was released, the price of silver was at $ 32,271 sumber: Newsmaker.id
Gold prices rose early in the Asian session on Monday (05/19) moving in the area of $3247. Gold strengthened again after its biggest weekly decline in six months, with interest in safe haven assets driven by increasing concerns about the US economic outlook and budget deficit. Gold bullion rose as much as 1.3% to around $3,245 an ounce in early Asian trading. That happened after Moody's Ratings announced late Friday that it lowered the US government's main credit rating from Aaa to Aa1. Source: Newsmaker.id
Gold prices are moving lower and struggling to hold near the $3,200 level at the time of writing on Friday (05/16) as many questions and concerns arise in the market and among traders. First and foremost, the Ukraine-Russia talks seemed dead and buried even before Ukrainian President Volodymyr Zelenskyy shook hands with Turkish President Recep Tayyip Erdoğan on the runway in Ankara. Russian President Vladimir Putin did not attend in person and only sent a few low-level diplomats, which was seen as Russia taunting and bullying Ukraine. As of this writing, Gold prices are at $3,205Source:...