Silver fell below $47 per ounce on Thursday after reaching an intraday high of $48.06. Despite the drop, prices have risen over 44% year-to-date, reflecting strong investor interest amid economic uncertainty. Volatility is driven by industrial demand, global economic indicators, and shifting market sentiment. Earlier this week, precious metals rallied as the government shutdown—the first…
Crude oil prices weakened again on Tuesday, recording their fifth consecutive decline. Pressure stemmed from growing concerns about a global oversupply that is expected to create a surplus in the fourth quarter of this year and into 2026. Brent crude slumped toward $66 per barrel, while West Texas Intermediate (WTI) moved closer to $62 per…
Oil was little changed after advancing last week, as traders weighed moves to crack down on Russian flows against forecasts for a surplus later in the year. Brent traded near $67 a barrel, after adding 2.3% last week, while West Texas Intermediate was below $63. US President Donald Trump reiterated calls that Europe must stop buying oil from…
Silver price (XAG/USD) extends its winning streak for the third successive session, marking a fresh 14-year high at $42.17 during the Asian hours on Friday. The precious Silver attracts buyers as market expectations for three Federal Reserve (Fed) rate cuts this year increase after US Weekly Initial Jobless Claims climbed to their highest since October…
Tensions in the Middle East have escalated again following Israeli military attacks on several targets in Yemen and Qatar, which killed Hamas figures and security officials. This action has triggered a strong reaction from the international community, particularly the European Union, which has begun considering sanctions against Israel, a measure previously difficult to achieve due…
Japanese stocks traded mixed following a Wall Street rally driven by the chip/tech sector. An unexpected decline in the US PPI fueled hopes of a Fed rate cut. Investors in Tokyo remained cautious ahead of the US CPI release. At 9:27 a.m. Tokyo time, the Topix fell 0.3% to 3,132.94, while the Nikkei rose 0.2%…
