Silver prices rose as risk sentiment improved in the market after signs emerged that the US government shutdown was nearing an end. These hopes pushed the US dollar slightly lower and increased interest in precious metals, including silver, which often benefit when political uncertainty eases. However, silver's gains were restrained by the prospect of the Fed's interest rates remaining high in the near term. Investors are now awaiting clarity on the direction of US monetary policy after economic data was delayed due to the shutdown. If the dollar strengthens again or bond yields rise,...
Gold prices fluctuated between gains and losses at the start of this week after experiencing a sharp decline last Friday. When Asian markets opened Monday morning, bullion prices were not far from their previous levels, continuing their high volatility. The 1.7% decline at the end of last week was the worst since May, triggered by a massive sell-off across all precious metals. Silver also fell 1.2% before paring its losses, following a major 4.3% drop in the previous session. This volatility emerged amid easing trade tensions between the US and China, which has helped strengthen overall...
Gold rose to around $4,340/oz on Friday, approaching the record set earlier in the week and poised to close the week with a sharp gain—the strongest in a nine-week rally. Flights to safety remain strong amid economic uncertainty, US-China trade tensions, and concerns about a US shutdown. Beijing has accused Washington of inciting "panic" over rare earth controls, while US officials have warned of the risks to global supply chains—all of which are fueling interest in the precious metal. On the policy front, expectations of a Fed rate cut remain fueling the rally. Jerome Powell's recent...
Silver traded at $53,806/oz in Asia, remaining near its latest record. Safe-haven flows remained strong due to US-China tensions and macroeconomic uncertainty, while bets on a Fed rate cut held down yields and the US dollar—a combination that typically supports precious metals. On the physical side, seasonal Asian demand helped keep bids in check, keeping gains sticky despite volatility. The silver price at the time of this analysis was released was $52,806.Disclaimer:This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical...
Oil prices rose after US President Donald Trump announced that India would stop buying oil from Russia. This move is expected to tighten global supply, pushing Brent to $62 and WTI to near $59 per barrel.Although there has been no official confirmation from India, the market immediately reacted. Furthermore, US oil stocks jumped by 7.4 million barrels, but geopolitical sentiment remains the primary driver of current price increases. (asd) The price of Brent oil at the time of writing was $62.19. Disclaimer:This article is analytical in nature and is not a definitive reference. Consider...
On Wednesday, October 15th, spot silver prices hovered around $51.928/oz, easing from yesterday's record surge that briefly reached $53+ in London. The extreme rally was fueled by a physical metal shortage in London—driving up the spot premium over New York futures—but that gap has begun to narrow as signs of the squeeze subside, although supply conditions remain tight and lease rates remain well above normal. Going forward, silver sentiment will be determined by expectations of a Fed interest rate cut—which benefits precious metals—as well as policy risks from the US Section 232...