The Hang Seng rose 171 points or 0.7% to close at 25,082 on Wednesday, reversing early losses as all sectors ended in the green. It was the fourth session of gains, helped by upbeat Chinese trade data. Exports accelerated in July due to front-loaded shipments, while imports saw the strongest growth in a year amid continued policy support from Beijing. Traders remained focused on the August 12 deadline, watching for progress in U.S.-China tariff negotiations. Tech shares posted modest gains despite Trump's remarks that the U.S. may impose 100% tariffs on certain chip imports—an outcome...
Silver prices rallied on safe-haven demand on Monday, rising 0.90% and regaining $32.00 a troy ounce at the time of writing.The precious metal continued to perform positively on Monday after US President Donald Trump imposed a 25% tariff on all aluminum and steel imports. This prompted traders to seek the safety of haven assets such as Silver, Gold, and the US Dollar.As of this News Release Silver price is at $32,157 Source: Newsmaker.id
Gold prices continued their record on Tuesday (2/11) and broke through the key level of $2,921 for the first time, supported by safe haven demand as US President Donald Trump's new tariff threats amplified concerns about trade wars and inflation. Meanwhile, investors will focus on Federal Reserve Chairman Jerome Powell's testimony before Congress on Tuesday and Wednesday for clues on the trajectory of monetary policy. Source: Newsmaker.id
Silver held steady on Tuesday (2/11), recovering some of the previous session's losses as US President Donald Trump's tariff warnings fueled safe-haven demand for the metal. Trump announced a 25% blanket tariff on all steel and aluminum imports, effective today, with additional tariffs to be announced on Tuesday or Wednesday. The precious metal was supported by a weaker dollar, as concerns over escalating global trade tensions eased Source: Newsmaker.id
Gold extended its record high on Tuesday (2/11) and broke through the key $2,900 level for the first time, boosted by safe-haven demand as U.S. President Donald Trump's new tariff threats heightened fears of a trade war and inflation. Trump announced plans on Sunday to impose an additional 25% tariff on all steel and aluminum imports. He also said he would announce reciprocal tariffs this week, matching those imposed by other countries and implementing them immediately.' Source: Newsmaker.id
Silver prices rose again on Monday, recovering some of the previous session's losses as U.S. President Donald Trump's tariff warnings boosted safe-haven demand for the metal. Trump announced a 25% blanket tariff on all steel and aluminum imports, effective today, with additional tariffs to be announced on Tuesday or Wednesday. The announcement coincided with China's retaliatory tariffs on certain U.S. exports, which are set to take effect today. Meanwhile, German Chancellor Olaf Scholz said the EU was ready to respond "within an hour" if the U.S. imposes tariffs on European goods. Silver...