August 8, 2025 7:44 am
Gold futures for December delivery scaled a fresh record high of $3,534.10/oz. on Friday, following media reports that the United States had imposed tariffs on imports of 1-kilo gold bars. A report by the Financial Times, which cited a letter from Customs and Border Protection, stated that 1-kg and 100-ounce gold bars should be classified […]
Read moreAugust 6, 2025 11:36 am
Spot Silver held close to a 1-week peak of $37.90 on Wednesday, underpinned by expectations of a more dovish US monetary policy stance and as investors awaited US President Donald Trump’s appointments to the Federal Reserve. Yesterday US President Trump said he would soon announce a short-term replacement for Fed Governor Adriana Kugler, who resigned […]
Read moreAugust 6, 2025 8:03 am
Spot Gold held not far from a nearly 2-week high of $3,390.60 on Wednesday, underpinned by expectations of a more dovish US monetary policy stance and as investors awaited US President Donald Trump’s appointments to the Federal Reserve. Yesterday US President Trump said he would soon announce a short-term replacement for Fed Governor Adriana Kugler, […]
Read moreAugust 5, 2025 9:22 am
Spot Silver held gains from the prior two trading days on Tuesday, supported by rising expectations of a Fed rate cut next month. US job growth slowed sharply in July, raising concerns over the US economic outlook. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions in July, while […]
Read moreAugust 5, 2025 6:55 am
Spot Gold held near a 1 1/2-week high of $3,385.53 on Tuesday, supported by rising expectations of a Fed rate cut next month. US job growth slowed sharply in July, raising concerns over the US economic outlook. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions in July, while […]
Read moreAugust 4, 2025 7:13 am
Spot Gold eased from a one-week high of $3,364.81 on Monday, as market players likely took profits after Friday’s over 2% surge. The latter came as US job growth slowed sharply in July, indicating the labor market could be stalling. Employers in all sectors of the US economy, excluding farming, added just 73,000 job positions […]
Read moreAugust 1, 2025 7:33 am
Spot Gold was poised to register a weekly loss, as support from US tariff-related uncertainty was overshadowed by a firmer US Dollar. Yesterday US President Trump signed an executive order, under which the US imposed reciprocal tariffs of between 10% and 41% on imports from a number of countries prior to the August 1st trade […]
Read moreJuly 31, 2025 9:13 am
Spot Silver hovered above a 3-week low of $36.79 on Thursday, after the Federal Reserve left interest rates on hold and provided little indication of when borrowing costs might be reduced. The Fed kept its federal funds rate target range without change at 4.25%-4.50% at its July meeting, in line with market consensus. Yet, two […]
Read moreJuly 31, 2025 7:37 am
Spot Gold recouped part of recent losses on Thursday, holding near the $3,300 mark. Yesterday the yellow metal slid to a 1-month low of $3,268.12, after the Federal Reserve left interest rates on hold and provided little indication of when borrowing costs might be reduced. The Fed kept its federal funds rate target range without […]
Read moreJuly 30, 2025 8:49 am
Spot Silver hovered above a 2-week low of $37.90 on Wednesday, as investors braced for the outcome of the Federal Reserve’s two-day policy-setting meeting. The Fed is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at its July 29th-30th meeting. US President Trump said last week he held a positive […]
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