Demand for silver continues to rise sharply, driven primarily by the technology, electric vehicle, and solar power sectors—where silver is highly sought after due to its superior electrical conductivity. Meanwhile, silver supply remains limited because many mines only produce silver as a byproduct of copper, lead, or zinc—so even when prices rise, production does not immediately respond.Due to the combination of rising demand and slow supply growth, the silver market has recorded a structural deficit for several consecutive years. This provides a strong fundamental basis for the potential...
Silver prices strengthened slightly on Wednesday Asian time, hovering around $38.5 per troy ounce and approaching a multi-week high. This increase followed a weakening US dollar and falling Treasury yields, a combination that typically supports zero-coupon precious metals. Silver's strengthening also aligns with the rise in gold, which is sensitive to real funding costs. Market sentiment was driven by expectations of a Fed interest rate cut at its September meeting following moderate July inflation data and signs of labor market weakness. Source : Newsmaker.id
Gold prices stabilized in the mid-Asian session on Thursday, after touching $3,374 troy ounce amid hopes of a Fed rate cut that would strengthen the appeal of this non-interest-bearing precious metal. The US dollar, which has tended to be defensive today, is still holding back gains for the yellow metal ahead of the release of US inflation and employment data. The market is also still seeking official clarification on whether US bullion imports will be subject to tariffs, after days of confusion that drove up premiums for gold futures in New York over spot prices in London. President...
Silver prices strengthened on Wednesday (August 13th) amid positive sentiment in the precious metals market. This strengthening was driven by a weakening US dollar following the release of weaker-than-expected US economic data, fueling speculation that the Federal Reserve could soon cut interest rates. Silver demand was also supported by a solid industrial outlook, particularly in the renewable energy and manufacturing sectors, strengthening its appeal as both a safe haven asset and an industrial commodity. Source: Newsmaker.id(alg)
Gold held steady on Wednesday (August 13th), as investors weighed the Federal Reserve's policy outlook following the latest CPI release. Tariff-fueled inflation concerns and strengthened expectations of a 25 bps Fed rate cut in September, boosting the appeal of non-yielding bullion. Market focus will now turn to the upcoming US data series on PPI, weekly jobless claims, and retail sales to test the consistency of the disinflationary trend and the direction of monetary policy. Meanwhile, regulatory uncertainty continues to cloud sentiment. Market participants await clarity on the status of...
Oil prices remained largely unchanged after the US and China extended a tariff ceasefire until November 10, easing fears of a trade war that could depress energy demand. Brent fell to $66.27 and WTI to $63.51 per barrel. The market now awaits the Trump-Putin meeting on Friday to discuss peace in Ukraine, amid US pressure on Russian oil buyers. The outcome could determine the direction of oil prices going forward.Brent oil prices were at $66.41/Try Once at the time of writing. DISCLAIMER Note: This article is analytical only and is not a definitive reference. Pay attention to developments...