June 16, 2025 7:04 am
Spot Gold held near a fresh 7-week high of $3,451.52 on Monday, as escalating conflict between Israel and Iran over the weekend fueled concerns over a broader regional confrontation, triggering a rush into safe-haven assets. Israel and Iran launched new strikes on Sunday, which led to civilian injuries and deaths, with both militaries urging civilians […]
Read moreJune 15, 2025 8:36 am
The GBP/CHF currency pair settled above Friday’s low of 1.0929, or its weakest level since May 8th, as the Swiss Franc drew support from its role of a traditional safe-haven currency due to escalating Middle East tensions. Israel said it had initiated widescale strikes against Iran on Friday, targeting nuclear facilities, ballistic missile factories and […]
Read moreJune 14, 2025 3:53 pm
The USD/SGD currency pair settled above recent low of 1.2763, its weakest level since October 30th 2014, as the US Dollar drew certain support from its role of a traditional safe-haven currency due to escalating Middle East tensions. Israel said it had initiated widescale strikes against Iran on Friday, targeting nuclear facilities, ballistic missile factories […]
Read moreJune 14, 2025 11:37 am
The EUR/GBP currency pair settled below recent high of 0.8546, its strongest level since April 25th. The Sterling continued to underperform after the publication of lackluster UK employment data and weak GDP growth for April, which fueled speculation of further interest rate cuts by the Bank of England by year-end. The UK economy shrank at […]
Read moreJune 13, 2025 9:45 am
Spot Silver held mostly steady above the $36.00 mark on Friday, following recent pullback from a 13-year high. The white metal remained underpinned by robust industrial demand, persistent supply deficit and its safe-haven appeal amid continuing macroeconomic and geopolitical uncertainty. Israel said it had initiated widescale strikes against Iran on Friday, targeting nuclear facilities, ballistic […]
Read moreJune 13, 2025 7:32 am
Spot Gold extended gains to a fresh 7-week high of $3,444.40 on Friday, following reports of Israeli military strikes on Iran, which spurred demand for traditional safe-haven assets. Israel said it had initiated widescale strikes against Iran on Friday, targeting nuclear facilities, ballistic missile factories and military commanders, as tensions intensified over US efforts to […]
Read moreJune 12, 2025 8:35 am
Spot Silver pulled back from a 13-year high of $36.88 as a result of a probable technical correction. The 14-day Relative Strength Index (RSI) has indicated that Silver prices rose quite much for a too short period of time (overbought conditions, with index readings above the 70.00 threshold). This prompted investors to look for a […]
Read moreJune 12, 2025 6:19 am
Spot Gold extended gains on Thursday, as heightened US-Iran tensions drove demand for traditional safe-haven assets, while softer US CPI inflation added to expectations of Fed rate cuts. The US government ordered the departure of embassy personnel from Baghdad after Iran said it might launch an attack on US bases in case negotiations regarding its […]
Read moreJune 11, 2025 7:50 am
Spot Gold rose 0.5% on Wednesday, while holding above the $3,300 mark, as uncertainty over the finalization of a trade deal between the US and China spurred safe-haven demand. As per comments by US and Chinese officials, both parties established a framework that is set to revive the trade truce. As part of the deal, […]
Read moreJune 10, 2025 7:44 am
Spot Gold was mostly stable on Tuesday, as investors were on watch for further developments in regard to trade talks between the US and China. Communication between the two countries appears constructive, as President Donald Trump has stated that he had “a very good phone call with President Xi Jinping” during which they discussed details […]
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