March 25, 2025 7:52 am
Spot Gold held mostly steady within a tight range on Tuesday, as uncertainty regarding the upcoming round of US tariffs continued to drive safe-haven flows. “Uncertainty remains over the extent and scope of upcoming U.S. reciprocal tariffs … gold continues to find some support as a hedge against potential surprises,” IG market strategist Yeap Jun […]
Read moreMarch 24, 2025 9:35 am
Spot Silver rebounded from Friday’s 1 1/2-week low of $32.66 at the start of the new week, supported by a weaker US Dollar and a rush to safe haven assets amid geopolitical tensions and economic uncertainty. The US Dollar Index was last down 0.10% to 104.046, easing from Friday’s two-week high of 104.223. A weaker […]
Read moreMarch 24, 2025 8:01 am
Spot Gold held steady above the $3,000 mark on Monday, as the US Dollar eased from a two-week high, while market players were looking for fresh catalysts that may support the recent rally. Last week, Gold scaled a record high of $3,057.21 per troy ounce, underpinned by geopolitical tensions and prospects of Fed interest rate […]
Read moreMarch 21, 2025 12:10 pm
Key moments WTI crude futures have risen approximately 0.60% within the last five trading days. Iranian oil exports face potential cuts of up to 1 million barrels per day as a result of new U.S. sanctions, which have broadened to include a Chinese refining company. OPEC+ announces additional monthly production cuts to offset past overproduction, […]
Read moreMarch 21, 2025 8:51 am
Spot Gold eased from a record high of $3,057.21 per troy ounce on Friday, but looked set for a third consecutive weekly advance on prospects of Fed interest rate cuts by the end of 2025 and as geopolitical and economic uncertainty buoyed safe haven assets. The Federal Reserve kept its federal funds rate target range […]
Read moreMarch 20, 2025 1:08 pm
Key moments U.S. natural gas futures remain above $4.10 per mmBtu. Increased demand from global markets, facing supply issues and geopolitical tensions, supports upward pressure on U.S. gas futures. Below-average storage levels raise supply concerns, but reduced demand forecasts may ease pressure. Nat Gas Futures Show Resilience Post-Rally Thursday saw U.S. natural gas futures maintaining […]
Read moreMarch 20, 2025 9:27 am
Spot Silver extended a pullback from recent 20-week high of $34.24 on Thursday, while the US Dollar rose for a second day, as market players assessed the latest Fed policy decision. The Federal Reserve flagged two potential interest rate cuts by the end of 2025 amid expectations of slower GDP growth and higher inflation. The […]
Read moreMarch 20, 2025 7:46 am
Spot Gold extended its rally to a fresh record high of $3,057.21 per troy ounce on Thursday, after the Federal Reserve flagged two potential interest rate cuts by the end of 2025, further heightening the appeal of the safe haven metal. The Fed kept its federal funds rate target range without change at 4.25%-4.50% at […]
Read moreMarch 19, 2025 9:51 am
Spot Silver pulled back from a 20-week high on Wednesday, as the US Dollar recovered from a five-month low ahead of the outcome of the Federal Reserve’s policy meeting. A firmer US Dollar makes dollar-priced Silver less appealing to investors holding other currencies. Market players now focused on the outcome of the Federal Reserve’s two-day […]
Read moreMarch 19, 2025 7:49 am
Spot Gold extended its rally to yet another record high of $3,045.41 per troy ounce on Wednesday, as geopolitical developments in the Middle East and global trade fears underpinned safe haven demand ahead of the outcome of the Federal Reserve’s policy meeting. Israel delivered a series of air strikes upon Gaza, leading to the death […]
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