April 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 9:02 am
Key moments Brent crude futures suffered a significant 3.31% decrease on Wednesday. WTI crude futures fell sharper, dropping 3.56% to $57.46 after earlier fluctuations saw prices slide below $57. Oil prices sank on concerns that ongoing trade war escalation could lead to a recession. Brent and WTI Futures Plummet Amid Economic Jitters Wednesday witnessed a […]
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 1:21 pm
Key moments LME copper went up almost 1% on Tuesday, bringing its price close to $8,800 per metric ton. COMEX copper futures also went up, rising by 2.08% to $4.2730. The recent price volatility in copper markets can be largely traced back to the trade tensions that have gripped global markets. Tuesday Witnesses Copper Futures […]
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 1:56 pm
Key moments US natgas futures managed to climb above the $3.80 threshold. West Texas Intermediate futures experienced a marked decrease on Monday, reaching $60.86 after a 1.82% fall. Brent also saw a substantial decline, dropping by 1.69% to $64.47. Recession Fears Weigh Heavily on Crude Oil, Natural Gas Demonstrates Resilience United States natural gas futures […]
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. […]
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