Silver price (XAG/USD) trades with a mild bearish bias near $28.25 on Thursday during the early Asian session. The modest recovery of the US Dollar (USD) weighs on the white metal. However, the rising speculation that the US Federal Reserve (Fed) will cut a deeper interest rate in its upcoming meeting this month might help…
Oct 8 2024, 14:38 Gold price (XAU/USD) ticks lower for the fifth straight day and drops to over a one-week low, closer to the $2,630 trading range support during the early European session on Tuesday. Investors have been paring their bets for another oversized interest rate cut by the Federal Reserve (Fed) in November, which,…
Feb 19 2025, 04:00 Stocks fell slightly on Tuesday, with the S&P 500 struggling to reach an all-time high set a month ago, as traders weighed headwinds on global trade and inflation. The broad-market index fell 0.01%, while the Nasdaq Composite fell 0.5%. The Dow Jones Industrial Average fell 206 points, or 0.4%. Earlier on…
Sep 11 2024, 08:40 Oil staged a modest rebound after tumbling to the lowest level since late 2021, with an industry group flagging a drop in US stockpiles. Global benchmark Brent rose toward $70 a barrel after sliding by more than 3% on Tuesday, while West Texas Intermediate was near $66. The industry-funded American Petroleum Institute estimated that…
Gold prices fell sharply on Friday (January 30th) after the market was busy betting that the next Fed Chair would be more hawkish. Spot gold fell 4.2% to $5,172.80/oz at 07:16 GMT, after dropping more than 5% and hitting a record high of $5,594.82/oz the day before. Despite today’s loss, gold’s monthly performance remains impressive:…
Oct 31 2024, 08:53 The Hang Seng Index opened 0.4% higher at 20,468.09 in Hong Kong. Xiaomi Corp. contributed the most to the index gain, increasing 3.3%. China Mengniu Dairy Co. had the largest increase, rising 3.9%. In early trading, 36 of 82 shares rose, while 40 fell; 3 of 4 sectors were higher, led…
