Silver jumped more than 2% to a record high, supported by ongoing supply tightness and rising expectations for an interest-rate cut in the US this month. Gold was steady. The white metal traded as high as $57.86 an ounce, rising for a sixth consecutive day and building on a 6% gain in the previous session….
Jul 8 2025, 10:09 The 17th annual BRICS meeting in Rio de Janeiro lasted for two days and officially closed yesterday. Attended by representatives from 11 full member countries, this meeting confirmed BRICS’ position as a new geopolitical power that dares to challenge the dominance of Western global institutions and pressure from the United States,…
Oct 29 2024, 10:05 Gold advanced toward a record as traders prepared for key data that will help to set the stage for the next Federal Reserve policy decision, while the countdown to the US presidential election continued. Bullion climbed above $2,756 an ounce as investors waited for inflation and payroll figures this week, with the…
Gold prices have weakened again below $4,000/oz, while silver has also corrected after a sharp rally that took both to multi-decade highs. On Friday afternoon, Singapore time, spot gold was trading around $3,955/oz after falling 1.6% the previous day, while silver dipped slightly after briefly touching $51,235/oz—its highest since 1980. Technical data suggests overbought conditions…
European stocks opened lower Tuesday as investors assess the economic and political outlook in the region and beyond. The pan-European Stoxx 600 was down 0.5% as all sectors and major bourses traded in the red. Mining stocks led losses, down 0.97%, while autos also sank 0.9%. Shares of German fashion house Hugo Boss plunged more…
May 5 2025, 13:05 The USD/CHF pair struggled to capitalize on Friday’s US jobs data-led uptick from the 0.8200 level and attracted fresh sellers at the start of a new week. However, the spot prices remained confined within a familiar range for the past two weeks and are currently trading around the 0.8235-0.8230 region, down…
