April 11, 2025 8:47 am
Spot Silver climbed to a fresh one-week high of $31.49 on Friday amid broad-based US Dollar weakness and an escalating trade conflict between the US and China. The US Dollar Index was last down 1.21% to 99.694, its lowest level in almost three years. A weaker dollar makes dollar-priced Silver more appealing to international investors […]
Read moreApril 11, 2025 7:11 am
Spot Gold scaled a fresh all-time high of $3,219.84 per troy ounce on Friday amid US Dollar weakness and an escalating trade conflict that boosted safe haven flows. “The rapid weakening of the U.S. dollar seems to be the main driver of gold’s rebound at the moment. That seems to reflect an ongoing exodus from […]
Read moreApril 10, 2025 8:36 am
Spot Silver held in proximity to a one-week high of $31.31 on Thursday amid a rebound in commodities, after the US announced a 90-day pause on the newly implemented reciprocal tariffs for most nations. The new tariff rates on imports from the majority of US trade partners have been lowered to 10% for 90 days […]
Read moreApril 10, 2025 7:08 am
Spot Gold extended gains on Thursday, while holding within striking distance of record high of $3,167.57 per troy ounce, as market players rushed to the safe haven metal after the US increased tariffs on China – the latest escalation of the trade conflict between the two nations. US President Trump announced on Wednesday that the […]
Read moreApril 9, 2025 8:39 am
Spot Silver rose more than 1% on Wednesday, holding above the $30.00 mark, while the US Dollar lost ground after US tariffs on China took effect. The US Dollar Index was last down 0.47% to 102.424. A weaker dollar makes dollar-priced Silver more appealing to international investors holding other currencies. US President Trump ramped up […]
Read moreApril 9, 2025 6:50 am
Spot Gold surged more than 1.5% on Wednesday, while the US Dollar lost ground after US tariffs on China took effect. The US Dollar Index was last down 0.75% to 102.141. A weaker dollar makes dollar-priced Gold more appealing to international investors holding other currencies. US President Trump ramped up tariffs on Chinese imports to […]
Read moreApril 8, 2025 11:13 am
The NZD/USD currency pair rebounded from yesterday’s 60 1/2-month low of 0.5505 on Tuesday, as market players navigated shifting global trade dynamics ahead of the outcome of the RBNZ’s policy meeting on April 9th. US President Trump has indicated willingness to engage in trade negotiations with major partners, which paved the way for some optimism […]
Read moreApril 8, 2025 9:01 am
Spot Silver rebounded from a 7-month low of $28.37 per troy ounce, while steading above the $30.00 mark, amid shifting global trade dynamics. US President Trump has indicated willingness to engage in trade negotiations with major partners, which paved the way for some optimism over a potential easing of trade tensions. US Treasury Secretary Scott […]
Read moreApril 8, 2025 7:09 am
Spot Gold rebounded from a 3 1/2-week low of $2,956.56 per troy ounce on Tuesday, while reclaiming the $3,000 mark, as concerns over an escalating global trade war continued to underpin safe haven assets. Yesterday US President Trump ramped up tariff threats against China, while the European Union outlined plans for retaliatory levies. “Escalation of […]
Read moreApril 7, 2025 11:22 am
The AUD/JPY currency pair hovered just above a fresh 24 1/2-month low of 86.112 on Monday, as concerns of a full-blown trade war potentially sending the global economy into a recession prompted investors to increase bets on larger interest rate cuts in Australia. China announced on Friday it planned to implement 34% tariffs on all […]
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