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...
Silver continued its rally past $33 an ounce on Friday (2/14), its highest level in more than three months and outperforming other bullion as its demand in electrification and manufacturing added support from the global shift to safe assets. Sumber: Newsmaker.id
Gold prices rose on Friday (2/14) and were set for a seventh straight weekly gain as concerns over a potential global trade war grew after U.S. President Donald Trump pushed for tit-for-tat tariffs. Spot gold rose 0.3% to $2,936.79 an ounce by 0828 GMT, bringing its weekly gain to 2.7%. Bullion hit a record high of $2,942.70 on Tuesday. U.S. gold futures rose 0.5% to $2,961.40. Source: Newsmaker.id
Silver (XAG/USD) prices traded in positive territory for the third straight day during the Asian session on Friday. Growing concerns about US President Donald Trump's tariff policies continued to support the white metal. Traders are gearing up for US Retail Sales for January, due out on Friday.US President Donald Trump has vowed to target countries that tax US imports by matching them with reciprocal tariffs. Late on Thursday, Trump ordered his administration to begin a study assignment in early April, fueling fears of a global trade war, boosting safe-haven assets like Silver. As of this...
Gold prices were steady on Friday (2/14) as concerns grew about U.S. President Donald Trump's upcoming tariff plans, which could further strain global trade relations.Reciprocal tariffs would be Trump's broadest action to address the U.S. trade deficit, but his decision not to immediately implement them could be seen as an opening offer for negotiations rather than a sign that he is committed to following through. The president has already imposed 10% levies on Chinese goods and plans to impose 25% duties on all U.S. steel and aluminum imports next month. Source: Newsmaker.id
Gold prices were steady on Friday (2/14) as concerns grew about U.S. President Donald Trump's upcoming tariff plans, which could further strain global trade relations.Reciprocal tariffs would be Trump's broadest action to address the U.S. trade deficit, but his decision not to immediately implement them could be seen as an opening offer for negotiations rather than a sign that he is committed to following through. The president has already imposed 10% levies on Chinese goods and plans to impose 25% duties on all U.S. steel and aluminum imports next month. Source: Newsmaker.id