Gold prices are poised for a seventh weekly gain, with the US government shutdown adding another layer of uncertainty for investors seeking clues about the Fed’s policy easing. After a five-day rally that pushed to a new record, profit-taking has stalled, but spot gold remains near $3,860/oz. The delay in the government payroll release has…
Gold prices traded around $4,270 per troy ounce on Friday, approaching a seven-week high and poised to close the week with gains. This increase was driven by expectations that the Fed will continue to ease monetary policy for some time to come. For the market, gold is once again being viewed as a safe haven…
Jul 4 2025, 10:19 Gold edged up to around $3,330 per ounce on Friday, heading for a weekly advance as concerns over the US fiscal deficit and lingering tariff uncertainty boosted the metal’s safe-haven appeal. On Thursday, the House approved President Donald Trump’s massive package of tax and spending cuts, which is expected to add…
Sep 18 2024, 07:02 Gold edged higher after slipping from a record high on Monday ahead of the Federal Reserve’s long-awaited pivot to lower borrowing costs. Bullion traded near $2,570 an ounce, after falling 0.5% in the previous session following a report that showed and increase in US retail sales. The data did little to resolve the…
Silver (XAG/USD) suddenly reversed direction on Thursday after a frenzied rally that briefly hit an intraday record of $121.65/oz. Following the euphoria, the market began locking in profits—resulting in wild swings. XAG/USD is now around $115.30/oz, down -1.29% today. Today’s range is very wide, from a low of $106.81 to a high of $121.65—a sign…
Aktivitas bisnis di Jerman mengalami kontraksi selama empat bulan berturut-turut pada bulan Oktober karena penurunan sektor manufaktur diimbangi dengan penurunan baru dalam sektor jasa, sebuah survei awal menunjukkan pada hari Selasa (24/10), menunjukkan bahwa resesi sedang berlangsung. Indeks Manajer Pembelian (PMI) Komposit Flash Jerman HCOB, yang disusun oleh S&P Global, turun menjadi 45,8 pada bulan…
