Oil prices rose slightly in trading on Tuesday (January 20) after better-than-expected Chinese economic data boosted demand optimism. Brent crude rose 19 cents (0.3%) to $64.13/barrel, while February WTI which expires today rose 25 cents (0.4%) to $59.69/barrel. The more active March WTI contract also edged higher to around $59.42/barrel. This strengthening was driven by news from China, the world's largest oil importer. The Chinese economy reportedly grew 5.0% through 2025, meeting the government's target. Refinery activity also increased, with refinery throughput rising 4.1% and crude oil...
Gold prices are stable again in the positive area on Friday (21/2).Gold demand remains driven by uncertainty about global trade. The weak US dollar and falling US Treasury bond yields have made XAU/USD trade with a moderate increase of 0.23% approaching $2,941 at the time of writing. Source: ads@ Newsmaker.id
Silver prices rose on Thursday, recovering losses from the previous session as trade and geopolitical uncertainty boosted demand for the safe-haven metal. Earlier this week, U.S. President Donald Trump announced plans to impose 25% tariffs on imports of cars, semiconductors and pharmaceuticals, rekindling fears of a broader global trade war. Source: Newsmaker.id
Gold prices rose again on Thursday (20/2), as concerns that US President Donald Trump's tariff threats will trigger a global trade war boosted investor interest in the metal. Although Gold previously trimmed gains from a new record high, as US Treasury Secretary Scott Bessent dismissed speculation that the government might reassess its bullion holdings. Source: Newsmaker.id
Silver prices climbed toward $33 per ounce on Thursday, recovering losses from the previous session as trade and geopolitical uncertainties drove demand for safe-haven metals. Earlier this week, US President Donald Trump announced plans to impose 25% tariffs on imports of automobiles, semiconductors, and pharmaceuticals, reigniting fears of a broader global trade war. Market anxiety also deepened following Trump's remarks calling Ukrainian President Volodymyr Zelenskiy a dictator amid ongoing peace talks with Russia to end the war in Ukraine. Meanwhile, US Federal Reserve officials noted...
Gold prices rose to an all-time high (ATH) and traded above $2,950 an ounce on Thursday (20/2), as concerns that US President Donald Trump's tariff threats will trigger a global trade war boosted investor interest in the metal. Spot gold prices rose 0.7% to $2,953.12 an ounce, as of 0853 GMT, after hitting $2,954.69 earlier in the session, a 10th record high this year. Source: Newsmaker.id