US stocks closed higher on Friday, with the S&P 500 up 0.8%, and the Nasdaq climbing nearly 1%, while the Dow gaining 206 points. Technology shares, led by Apple which surged 4.2% following its announcement of a $600 billion US investment plan helped lift the tech-heavy Nasdaq to new intraday highs. Investor optimism was also fueled by expectations of Federal Reserve rate cuts, with President Trump nominating Stephen Miran to the Fed Board, signaling possible shifts in monetary policy, despite concerns over new tariffs imposed by the Trump administration on imports from multiple...
Gold fell on Tuesday (4/29) amid expectations that President Donald Trump will ease the impact of his auto tariffs, weighing on demand for safe-haven assets amid hopes of a further de-escalation in trade tensions. Source: Newsmaker.id
Silver prices (XAG/USD) depreciated after posting gains the previous day, Safe-haven demand for precious metals, including Silver, continued to weaken as trade war concerns eased.At the same time, Dollar-denominated Silver lost its appeal, with a stronger US Dollar (USD) making it more expensive for buyers using other currencies.The USD gained support as optimism grew over improvements in US-China trade relations.Until this news was released, Silver Price was at $ 32,921 Source: Newsmaker.id
Silver prices fell on Monday (4/28), extending losses from the previous session as easing U.S.-China trade tensions dampened demand for safe-haven metals. Last week, U.S. President Donald Trump signaled an openness to lowering tariffs on China, while Beijing exempted certain U.S. goods from its 125% levies. Meanwhile, China expressed confidence in meeting its full-year growth target of around 5% but refrained from introducing immediate stimulus, preferring to first assess the impact of the escalating trade dispute with the U.S. Investors also await key U.S. economic data this week, which...
Gold prices rose on Monday (4/28) despite easing US-China trade tensions, as the dollar weakened in the US session. In addition, US President Donald Trump said progress had been made with China, and that he had spoken with President Xi Jinping. However, Beijing has denied any trade talks and Treasury Secretary Scott Bessent on Sunday failed to support Trump's statement that tariff talks with China were underway. Source: Newsmaker.id
Gold (XAU/USD) prices plunged on selling pressure from traders, bringing the bullion price to $3,295 at the time of writing on Monday. The correction came after an ABC television interview with US Treasury Secretary Scott Bessent on Sunday, who said that several large transactions were being discussed with Asian countries. Source: Newsmaker.id