Gold prices are stable amid global sentiment still influenced by the Federal Reserve's policy direction. Expectations of a US interest rate cut are the main driver, with investors continuing to seek gold as a safe haven amid economic uncertainty. The gold price at the time of this analysis was released was at $3,378 Source: Newsmaker.id
Global oil prices fluctuated in today's trading. Market sentiment was torn between concerns about oversupply and the threat of supply disruptions due to geopolitical escalation. On the supply side, recent data showed that US crude oil inventories increased more than expected. Meanwhile, OPEC+'s decision to gradually ease production cuts also added pressure. However, bullish sentiment has not completely dissipated. The recent attacks on energy facilities in Russia raised concerns about sudden supply disruptions. The potential for new sanctions against Moscow and the escalation of conflict in...
The movement is still being driven by global sentiment, which supports demand for the precious metal. Investors are increasingly optimistic that the Federal Reserve will cut interest rates in the near future after US employment and inflation data showed signs of weakness. These expectations of monetary easing have driven down real yields, thereby increasing the appeal of non-interest-bearing silver. In addition to monetary factors, industrial demand is also a key driver, particularly from the renewable energy, electronics, and technology sectors. As the global transition to clean energy...
Gold is consolidating around $3,650 (near resistance), still supported by a weak USD and subdued US yields. Key levels: $3,675 (latest high) above, with $3,626 as support. FOMC decision will be decisive: dovish (-25 bps + further signals) → USD tends to weaken → gold has the potential to rise; more cautious/hawkish → USD could rebound → gold is vulnerable to a correction to the support area. Oil price at the time of writing was $3,659.DISCLAIMER Note: This article is analytical in nature and is not a definitive reference. Consider fundamental and technical developments in trading before...
Positive sentiment ahead of a potential interest rate cut from the Fed has made precious metals, including silver, more attractive, as carrying costs are likely to decrease if interest rates fall.At the time of this analysis, the price of silver was at $42,178. Source: Newsmaker.id
Oil prices continue to rise due to Russian supply risks (Primorsk, Ust-Luga, Kirishi) and a weakening dollar ahead of the Fed's potential 25 bps cut. Key points: Brent $67.20 / WTI $62.94; drone attacks potentially reducing Russian exports to India and China; weak Chinese data (factories/retail) but refinery throughput and apparent demand are rising; sentiment is also influenced by trade tariff news (G7/US) and concerns about US fuel demand. In essence, there is a supply risk premium lifting prices, while the mixed demand side is holding back any further rally. Future Outlook: The...