July 14, 2025 8:04 am
Spot Gold scaled a three-week peak of $3,375.08 on Monday, after fresh tariff threats by US President Donald Trump, which spurred demand for safe-haven assets. He threatened over the weekend to impose a 30% tariff on imports originating from Mexico and the European Union, beginning on August 1st, as trade negotiations failed to produce a […]
Read moreJuly 13, 2025 12:46 pm
The GBP/NOK currency pair settled above Friday’s low of 13.6506, its weakest level since June 24th, after data showed the UK economy had shrunk for a second straight month in May, which added to expectations that the Bank of England could cut interest rates next month. UK GDP contracted 0.1% month-on-month in May, following a […]
Read moreJuly 13, 2025 8:29 am
The GBP/SEK currency pair settled above Friday’s low of 12.8695, its weakest level since June 18th, after data showed the UK economy had shrunk for a second straight month in May, which added to expectations that the Bank of England could cut interest rates next month. UK GDP contracted 0.1% month-on-month in May, following a […]
Read moreJuly 12, 2025 8:39 am
The GBP/USD currency pair settled above Friday’s low of 1.3480, its weakest level since June 23rd, as the greenback gained on renewed tariff concerns. This week, US President Donald Trump said the US would impose a 35% tariff on Canadian imports and announced plans of blanket duties of 15% or 20% on the majority of […]
Read moreJuly 11, 2025 9:04 am
Spot Silver scaled a fresh high not seen in over 13 years on Friday, after the US slapped fresh tariffs on goods from Canada and warned of blanket duties on other trade partners, driving up safe-haven demand. Yesterday US President Donald Trump said the US would impose a 35% tariff on Canadian imports and announced […]
Read moreJuly 11, 2025 6:59 am
Spot Gold extended gains on Friday, after the US slapped fresh tariffs on goods from Canada and warned of blanket duties on other trade partners. Yesterday US President Donald Trump said the US would impose a 35% tariff on Canadian imports and announced plans of blanket duties of 15% or 20% on the majority of […]
Read moreJuly 10, 2025 7:06 am
Spot Gold rebounded from a 1 1/2-week low of $3,282.66 on Thursday, after the release of the most recent FOMC minutes and as market players continued to watch developments on the trade front. Market focus was set firmly on a series of tariff demand letters from US President Donald Trump. Yesterday he said the US […]
Read moreJuly 9, 2025 10:01 am
Spot Silver lost ground on Wednesday, pressured by a firmer US Dollar and higher Treasury yields, in the wake of fresh tariff threats from US President Donald Trump. He warned the US would impose a 50% tariff on copper imports and introduce levies on semiconductors and pharmaceuticals. Yesterday Trump also reiterated a threat to impose […]
Read moreJuly 9, 2025 7:24 am
Spot Gold extended losses to a 1 1/2-week low of $3,284.98 per troy ounce on Wednesday, pressured by a firmer US Dollar and higher Treasury yields, in the wake of fresh tariff threats from US President Donald Trump. He warned the US would impose a 50% tariff on copper imports and introduce levies on semiconductors […]
Read moreJuly 8, 2025 8:45 am
Spot Silver held mostly steady near the $37 mark on Tuesday, as the Trump administration unveiled sharply higher tariffs on imports from Japan, South Korea and other countries. Yesterday US President Donald Trump began notifying trade partners, including Japan and South Korea, that considerably higher US tariffs would come into effect on August 1st in […]
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