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,...
On Wednesday (October 15th), during the Asian session, gold prices traded around $4,166, driven by expectations of lower US bond yields following Jerome Powell's signal of a 25 bps interest rate cut this month, boosting appetite for assets like gold and lowering US yields, while US-China tensions maintained demand for safe-haven assets.For gold, structural support remains strong: central bank purchases, ETF inflows, and the need to hedge against policy uncertainty and fiscal deficits. Furthermore, the market is wary of the Section 232 (potential tariffs on crucial minerals) implications....
Along with expectations that Powell may signal that the US central bank will remain cautious or cautious in easing interest rate policy. At the time of writing, Gold Price was at $4,134. Source: Newsmaker.id
Oil prices fell to around $62.89 ahead of the European session on Tuesday, pressured by concerns about oversupply and a weak demand outlook. Optimism over easing US-China trade tensions temporarily halted the decline, but signals of increased production from OPEC+ and slowing global economic growth kept the market cautious. Investors are now awaiting fresh direction from US economic data and Fed policy to determine the next course. Brent oil price at the time of writing was $62.88Disclaimer:This article is analytical in nature and is not a definitive reference. Consider fundamental and...
Silver prices surged to an all-time high on Tuesday (October 14th), breaking through USD 52.50 per ounce, driven by a short squeeze that triggered a surge in demand in the London market. Tight supply and high lease rates exacerbated market pressure, prompting traders to rush to close their short positions. This surge occurred amid rising industrial demand for silver, particularly from the electronics and renewable energy sectors, as well as investor interest as a hedge against inflation and global uncertainty. However, some analysts warn that the silver market is relatively small and...
Gold prices have again hit a new record high, driven by increased demand for safe haven assets amid global concerns. Trade tensions between the United States and China have escalated following new tariff threats from US President Donald Trump, while expectations that the Federal Reserve (The Fed) will cut interest rates further have strengthened gold's appeal as a hedge. At the time of writing, Gold Prices were at $4,069. Disclaimer: This article is analytical in nature and not a definitive reference. Please consider fundamental and technical developments in trading before making any...