Silver prices (XAG/USD) continued their three-day rally, approaching US$52.00 per troy ounce during Wednesday’s Asian session. This strengthening occurred as US bond yields weakened, with the 10-year US Treasury yield holding around 4.00% after falling around 3.4% over the week. Lower yields make non-yielding assets like silver attractive again to investors. According to the CME…
Dec 4 2024, 10:29 Shanghai Composite turun 0,2% menjadi sekitar 3.372, sementara Shenzhen Component turun 0,1% menjadi 10.700 pada hari Rabu(4/12), dengan saham Tiongkok berjuang untuk membangun keuntungan baru-baru ini karena kehati-hatian berlaku di wilayah tersebut menyusul pergolakan politik di Korea Selatan. Ketidakpastian ekonomi di Tiongkok, diperburuk oleh ancaman tarif Presiden terpilih AS Donald Trump,…
Oil prices fell in Asian trading on Friday (September 12th), fueled by concerns about slowing global demand and rising supply. However, Brent and WTI crude oil still recorded slight gains this week, supported by geopolitical tensions between Russia and Ukraine and conflicts in the Middle East. Brent for November weakened 0.5% to $66.03 per barrel,…
Sep 14 2024, 02:15 West Texas Intermediate (WTI) crude oil closed lower on Friday, even with supply tight as Hurricane Francine shut in 42% of U.S. Gulf of Mexico production. WTI crude for October delivery closed down US$0.32 to settle at US$68.65 per barrel, while November Brent crude, the global benchmark, was last seen down…
Silver prices are currently holding steady around US$62/ounce after a wild week last week: briefly setting a record, then being hit by profit-taking. Spot price data shows XAG/USD hovering around US$62 within a narrow daily range, indicating the market is awaiting a new trigger. From a macro perspective, the most “lifting” factor for silver right…
The dollar index held steady around 103.1 on Tuesday as traders refrained from making big bets ahead of key US inflation figures this week that could confirm whether price growth has continued to stabilize. US producer inflation data will be released later on Tuesday and consumer inflation figures will follow on Wednesday. US retail sales…
