Silver prices are currently trading above $74.49 per ounce in the US session on Friday (December 26th), extending a remarkable rally that began several months ago, fueled by geopolitical tensions and a weakening US dollar. This surge was fueled by continued speculation, supply dislocations in major trading centers, and a large influx of funds into silver-backed ETFs. Rising demand, from both the investment and industrial sectors, has made silver a leading choice amidst the global economy.Silver is also supported by fundamental factors such as rising geopolitical tensions and concerns about...
Silver rose during Asian trading hours on Monday (6/23). The white metal attracted some buyers amid rising tensions in the Middle East after the US bombed an Iranian nuclear site. The United States carried out airstrikes on three nuclear sites in Iran early Sunday despite US President Donald Trump's long-standing pledge to avoid new foreign conflicts. Source: Newsmaker.id
Gold Prices moved at $3357 in the Asian session on Monday (23/06). You need to know that currently gold prices are showing a strengthening trend along with increasing global uncertainty, especially after tensions in the Middle East and monetary policy decisions by major central banks. Fundamentally, demand for safe assets is increasing, driven by concerns about inflation and geopolitical turmoil. A slight correction at the beginning of the Asian session has occurred, but it has not changed the trend. Especially, if tensions in Iran continue, gold is expected to remain the main choice for...
Gold prices are steady in holiday-thinned trade as markets digest the Federal Reserve meeting results and the Middle East conflict. Israel and Iran continue to exchange blows, with Trump saying he will decide on a US strike on Iran "within two weeks." The safe-haven metal is trading in a tight range amid lower volumes, but the underlying risks remain real, says Tammy Da Costa at FXStreet. Fundamentally, gold prices are still supported by several factors, the increasingly heated geopolitics between Iran and Israel, and Trump's Tariff Uncertainty Source: Newsmaker.id
Gold prices rose slightly at the start of the Asian session on Thursday (19/06) following a decline in the previous session triggered by Federal Reserve Chairman Jerome Powell's warning about the risk of inflation to the US economy. Fundamentally, gold prices are still supported by several factors, the increasingly heated geopolitics between Iran and Israel, and Trump's Tariff Uncertainty Source: Newsmaker.id
Silver (XAG/USD) rose on Wednesday (6/18). The white metal is currently trading just above the $37.00 round figure and seems poised to extend its recent uptrend from April monthly swing lows. In addition, the Middle East conflict is escalating into a wider war after President Donald Trump called for Iran's unconditional surrender. Source: Newsmaker.id