Gold prices held steady at $3,294 per ounce, despite a 1.4% weekly decline. Uncertainty over new US tariffs boosted safe-haven demand, but a strengthening dollar limited gains. The market now awaits Friday's US jobs data. If the data is weak, the likelihood of a Fed rate cut could increase gold's upside. Other metals, such as silver and platinum, also weakened. Gold prices were at $3,294/oz at the time of writing. Source: Newsmaker.id
Silver posted another positive rally on Wednesday, July 16, 2025, with spot prices rising slightly by 0.3% as the dollar weakened and global demand strengthened. This surge follows a year-long upward trend, with silver prices rising more than 30% since the beginning of the year—supported by rising industrial use in the solar energy and electronics sectors, as well as growing investor interest as a safe-haven asset. Source: Newsmaker.id
Gold prices rebounded after investors digested conflicting signals from the United States regarding the direction of its trade policy. President Donald Trump's statement that threatened tariffs were part of a negotiating strategy fueled renewed uncertainty in global markets. This has made gold, a safe-haven asset, popular again, despite a slight correction the previous day. Currently, gold is trading near $3,364 per ounce, reflecting market sentiment that remains cautious about US policy volatility. Technically, gold's medium-term trend remains bullish, supported by a decline in the dollar...
Indian investors, traditionally obsessed with hoarding gold, are increasingly turning to silver, which traded near a 14-year high on Monday, as its yield this year surpassed that of gold. Imports meet the bulk of demand in the world's largest silver consumer, where domestic prices hit record highs as production shortages fuel investor hopes for a further rally. Source: Newsmaker.id
Global spot gold prices have rallied again and are currently trading around $3,374, continuing their rally amid growing concerns about global trade tensions and geopolitical conflicts. President Trump's threat of 30% tariffs on several major trading partners, as well as the delivery of Patriot missile systems to Ukraine, have prompted investors to return to safe-haven assets like gold. Although the US dollar has shown limited strength, demand for the precious metal remains high due to growing expectations of global monetary easing. Technically, gold prices have broken through key...
Silver prices traded around $39,017 on Monday (July 14th), hitting a new 14-year high as demand for safe-haven and industrial metals increased. This surge was driven by market concerns over global trade tensions after US President Donald Trump announced additional tariffs on a number of major trading partners. Meanwhile, expectations of a reduced interest rate cut by the Fed were not enough to halt silver's rally, as demand for this industrial metal remained strong, particularly from the renewable energy and manufacturing sectors. Source: Newsmaker.id