The Dow Jones Industrial Average gave back gains and closed lower on Thursday as investors pocketed some of their profits in what's been a solid week thus far. The 30-stock Dow fell 224.48 points, or 0.51%, closing at 43,968.64.The S&P 500 lost 0.08% and ended at 6,340.00. The Nasdaq Composite advanced 0.35%, ending at 21,242.70. The major averages saw sharp swings during the session, with the Dow up more than 300 points at its high and off more than 390 points at its low. The blue-chip Dow was weighed down by a 2.5% decline in Caterpillar shares after the construction equipment maker...
Silver (XAG/USD) prices fell on Tuesday (25/2). The white metal weakened despite US President Donald Trump confirming that his plan to impose 25% tariffs on Canada and Mexico on March 4, which was delayed for a month, is still on track. Source: Newsmaker.id
Gold prices fell on Tuesday (25/2) as investors booked profits after hitting a record high in the previous session, with lingering concerns about a trade war and instability fueled by U.S. President Donald Trump's tariff plans still triggering inflows into safe-haven assets. Source: Newsmaker.id
Silver prices fell to $32.2 an ounce, extending their decline from a more than three-month high of $33.39 reached on Feb. 14, amid continued demand uncertainty, fueled by concerns about U.S. tariff policy Investors are also awaiting key economic data and events due later in the week. Markets are particularly focused on Friday's release of the January PCE Price Index, the Federal Reserve's preferred measure of inflation. Source: Newsmaker.id
Gold moved in a positive direction in early European trading, on Tuesday (25/2) after experiencing profit taking action to touch the lowest area of $2929. The recent uptrend in precious metals coincides with negative signs over the long-term conditions of the economy and labor market in the US. This source of uncertainty has added to the prevailing uncertainty globally such as concerns over the trade conflict between the US and the rest of the world. This is still a major factor for the increase in the price of Gold Until this news was released, the price of Gold was at the level of...
Silver (XAG/USD) builds on the previous day's modest bounce from the vicinity of the $32.00 mark, or a nearly one-week low, and gains some positive traction during the Asian session on Tuesday. The white metal, for now, seems to have snapped a two-day losing streak. Meanwhile, investors will shift focus towards Friday's PCE report, the Fed's preferred inflation gauge. While the data is expected to show the slowest price growth since June, persistent inflationary pressures could keep the Fed cautious on rate cuts. Gold price at the time of this press release was at $32,304/ Toz. Source:...