Oct 10 2024, 08:58 Oil edged higher after a two-day decline as traders watched for an Israeli response to Iran’s missile attack early last week, while US crude stockpiles expanded the most since April. Brent traded near $77 a barrel and West Texas Intermediate was close to $74. The market remains on edge about Israel’s intentions…
Gold prices weakened in early December, dragged down by investor caution ahead of the Federal Reserve’s looming interest rate decision. Amid speculation that the Fed was ready to cut rates again this month, market participants opted to hold back, keeping gold’s movements limited. Pressure from the mixed US dollar also prevented gold from posting significant…
Silver prices continued to soar, reaching $72.22 per ounce on December 24, 2025, setting a new all-time high in the precious metals market. This surge reflects strong demand from both the investment and industrial sectors, as well as expectations that global monetary policy will loosen further in the future. Investors are increasingly turning their attention…
Gold fell for a sixth straight day, the longest losing run in more than 13 months, on the prospect of a higher-for-longer global interest-rate scenario. Bullion fell 4% last week as a drop below $1,900 an ounce triggered outflows from exchange-traded funds, with investors cutting bullish gold bets to a five-week low on Friday. A surge in bond yields from…
Oct 21 2024, 14:11 Oil gained – after losing almost 8% last week – as traders tracked tensions in the Middle East that pose a potential threat to supplies, and China moved to beef up aid for the economy in the largest importer. Global benchmark Brent rose above $73 a barrel, while West Texas Intermediate was near $70. On Saturday,…
Dolar menguat pada hari Rabu (25/10), mendapat dukungan dari data ekonomi AS yang tangguh, sementara euro kesulitan untuk membuat kemajuan di balik suramnya prospek pertumbuhan di blok tersebut. Dolar Australia naik lebih dari 0,5% sebagai reaksi awal menyusul angka inflasi yang lebih tinggi dari perkiraan di Australia pada hari Rabu. Output bisnis AS meningkat pada…
