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...
Gold prices (XAU/USD) faced strong selling pressure after failing to hold above the $3,400 level in Monday's Asian trading session, as optimistic market sentiment dampened demand for traditional safe-haven assets. However, this downward pressure was contained by growing confidence that the Federal Reserve (The Fed) will continue its interest rate cutting cycle in September. This prevented the US Dollar (USD) from capitalizing on its modest recovery from last Friday's two-week low, thus providing some relief for non-yielding gold. Furthermore, continued trade uncertainty ahead of the US...
Global crude oil prices weakened on Monday (August 11th) as supply concerns eased and hopes for diplomacy between the United States and Russia grew. Brent crude fell -0.37% to USD 66.19 per barrel. Price pressure also stemmed from expectations of increased OPEC+ production, although actual output from several member countries remains limited due to technical constraints. The market is also monitoring the prospect of slowing global economic growth, which could potentially reduce energy demand. Source: Newsmaker.id
Gold prices fell on Monday (August 11th) due to easing geopolitical tensions, which dampened demand for safe-haven assets. The market is now shifting attention to US consumer inflation data due Tuesday, which is expected to determine the direction of the Fed's interest rate policy. Pressure on gold emerged after President Donald Trump announced plans to meet with Russian President Vladimir Putin on August 15th in Alaska to negotiate a potential end to the conflict in Ukraine. Source: Newsmaker.id
Silver prices traded steadily this morning in the range of $37–38 per ounce, supported by strong fundamentals. The market remains wary of a global supply deficit due to weak mining production growth, while demand from the industrial sector—particularly solar energy and electronics—continues to increase. HSBC recently raised its 2025 average silver price projection to $35.14/oz, reflecting the potential for further strengthening. Other factors supporting prices include expectations of interest rate easing by the Federal Reserve and a weakening US dollar, which makes the precious metal more...
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