Gold prices weakened in the Asian session on Friday, falling below $4,350. This movement occurred despite signs of easing in US inflation (CPI), which should have supported gold through the possibility of an interest rate cut. The main pressure came from profit-taking after the previous rally. Furthermore, there was liquidation of long positions by short-term…
May 7 2025, 15:40 The Hang Seng edged up 29 points or 0.1% to finish at 22,692 on Wednesday, aiming for the fifth straight session of gains, mainly helped by strength in property and financial stocks. Investors assessed the PBOC’s plan to cut the RRR by 50bps as part of efforts to boost growth and…
Minyak naik tipis pasca serangkaian kerugian karena pasar mempertimbangkan kemungkinan penurunan produksi yang lebih dalam dari OPEC+ terhadap tanda-tanda pasokan lebih tinggi daripada permintaan. Minyak West Texas Intermediate diperdagangkan mendekati $75 per barel, sementara minyak acuan global Brent mendekati $80. Minyak WTI sempat naik pada hari Senin di tengah laporan bahwa aliansi kelas berat Arab…
Apr 15 2025, 12:52 Silver (XAG/USD) price continues to show strength for the fifth straight session, trading around $32.30 per troy ounce during the Asian session on Tuesday (4/15). The daily chart technical analysis shows a developing bullish trend, with the grey metal moving up within an ascending channel pattern. Silver price remains above the…
Sep 19 2024, 07:02 Oil slipped for a second session as signs of weak US demand offset a steep interest rate cut from the Federal Reserve and escalating tensions in the Middle East. West Texas Intermediate declined toward $70 a barrel after losing 0.4% on Wednesday, while Brent closed below $74. US gasoline demand dropped further below 9…
Gold prices held steady on Monday as growing expectations of a Federal Reserve rate cut next month helped offset pressure from a firm U.S. dollar. Spot gold was steady at $4,065.31 per ounce, as of 0851 GMT. U.S. gold futures for December delivery fell 0.4% to $4,062.40 per ounce. The dollar held near the six-month…
