April 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 […]
Read moreApril 7, 2025 8:49 am
Spot Silver registered its lowest price level since September 11th 2024 on Monday, at $28.37 per troy ounce, in a volatile trade, as market players continued to assess the impact of an escalating trade war on the global economy. Silver has lost more than 15% over the past three trading days alone amid a broader […]
Read moreApril 7, 2025 7:03 am
Spot Gold registered its lowest price level since March 13th on Monday, at $2,970.21 per troy ounce, amid a broader market sell-off, as market players likely sold bullion to realize profits and cover losses or margin calls on other trades. The yellow metal retreated over 2.5% on Friday after China’s retaliatory move to US tariffs. […]
Read moreApril 6, 2025 2:46 pm
The AUD/GBP currency pair settled above a fresh 112 1/2-month low of 0.4651 and registered its worst weekly performance since late September 2022, after China’s retaliatory move to US tariffs. China announced on Friday it planned to implement 34% tariffs on all goods imported from the US, with the deadline set for April 10th. The […]
Read moreApril 6, 2025 7:55 am
The AUD/CHF currency pair settled above a fresh record low of 0.5136 and registered its worst weekly performance since mid-January 2015, after China’s retaliatory move to US tariffs. China announced on Friday it planned to implement 34% tariffs on all goods imported from the US, with the deadline set for April 10th. The move came […]
Read moreApril 5, 2025 8:44 am
The GBP/CHF currency pair settled above a fresh 34-week low of 1.1019 and recorded its worst weekly performance since late July 2024, as the Pound was hammered after China’s retaliatory move to US tariffs. The UK 10-year gilt yield fell to lows not seen since December 12th, at 4.4% on Friday, as fears of a […]
Read moreApril 4, 2025 9:01 am
Spot Silver hovered above a fresh one-month low of $31.16 on Friday, since global trade concerns led to a broad sell-off across market segments. That followed the US’ sweeping tariff measures. This week, the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies on a number of […]
Read moreApril 4, 2025 6:58 am
Spot Gold pulled back from yesterday’s record high, but was set to register its fifth straight week of gains, as market players reassessed risk outlook following the US’ sweeping tariff measures. This week, the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies on a number of […]
Read moreApril 3, 2025 10:27 am
The USD/CHF currency pair plumbed a fresh 24-week low of 0.8588 on Thursday, after US President Trump unveiled an extensive set of import tariffs, which added more fuel to an already simmering global trade war, boosting safe haven assets such as the Swiss Franc. Yesterday the Trump administration announced a 10% baseline tariff on all […]
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