June 27, 2025 6:53 am
Spot Gold plumbed a fresh 1-month low of $3,289.33 per troy ounce on Friday, dragged down by stronger-than-anticipated US macro data, which dampened Fed rate cut expectations. Durable goods orders grew at the fastest monthly rate since July 2014 in May, 16.4%, while the number of people who filed for unemployment benefits last week dropped […]
Read moreJune 26, 2025 8:52 am
Spot Silver held near a 1-week high of $36.42 per troy ounce on Thursday, supported by a weaker dollar and lower Treasury yields. The US Dollar Index was last down 0.71% to 97.017. A softer dollar makes dollar-priced Silver more appealing to international investors holding other currencies. Market players were now expecting the key US […]
Read moreJune 26, 2025 6:53 am
Spot Gold was mostly steady just below the $3,350 mark on Thursday, as market players braced for the release of key US macro data. Additionally, the ceasefire between Israel and Iran seemed to have pared demand for safe-haven assets. US President Trump said that he now expected a relationship with Tehran that would preclude rebuilding […]
Read moreJune 25, 2025 9:03 am
Spot Silver rebounded from a 2 1/2-week low of $35.28 per troy ounce on Wednesday, as the US Dollar and Treasury yields eased, while investors kept a close eye on developments surrounding the fragile truce between Israel and Iran. The ceasefire between the two countries was holding on Wednesday, a day after both sides indicated […]
Read moreJune 25, 2025 7:58 am
Spot Gold rebounded from a two-week low of $3,295.31 per troy ounce on Wednesday, as the US Dollar and Treasury yields eased, while investors kept a close eye on developments surrounding the truce between Israel and Iran. The ceasefire between the two countries was holding on Wednesday, a day after both sides indicated their air […]
Read moreJune 23, 2025 2:11 pm
The CAD/CHF currency pair hovered just above a 1-week low of 0.5927 on Monday, as the escalating conflict in the Middle East in the wake of the US strike on crucial Iranian nuclear facilities over the weekend spurred demand for safe-haven currencies such as the Swiss Franc. Investors were also on watch for what the […]
Read moreJune 23, 2025 10:37 am
The CHF/SEK currency pair scaled a fresh 9 1/2-week high of 11.9103 on Monday, as the escalating conflict in the Middle East in the wake of the US strike on crucial Iranian nuclear facilities over the weekend spurred demand for safe-haven currencies such as the Swiss Franc. Investors were also on watch for what the […]
Read moreJune 23, 2025 7:53 am
Spot Gold eased in a volatile trade on Monday on the back of a firmer US Dollar, as market players continued to monitor the escalating conflict in the Middle East in the wake of the US strike on crucial Iranian nuclear facilities over the weekend. Investors were also on watch for what the Islamic state’s […]
Read moreJune 22, 2025 4:43 pm
The CHF/NOK currency pair settled below recent high of 12.4833, its strongest level since May 16th, in the wake of Norges Bank’s and the Swiss National Bank’s policy decisions. Norges Bank lowered its key policy rate by 25 basis points to 4.25% at its June meeting, confounding market consensus of a hold. The central bank […]
Read moreJune 22, 2025 1:37 pm
The USD/SEK currency pair settled below recent high of 9.6952, its strongest level since May 29th, in the wake of Riksbank’s and the Federal Reserve’s policy decisions. Sweden’s Riksbank lowered its key policy rate by 25 basis points to 2% at its June meeting, in line with market consensus. The central bank highlighted slowing economic […]
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