April 4, 2025 2:32 pm
Key moments Brent crude futures saw a sharp decrease of 7.44% on Friday. WTI crude futures sank 8.13%, with the price reaching $61.51. Oil prices were affected by the recent decision of OPEC+ to hasten supply growth along with China’s new tariffs on US imports. Crude Oil Futures in Freefall as Market Turmoil Mounts Brent […]
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 1:55 pm
Key moments Brent crude futures plummeted near $70 on Thursday after a 6.40% fall. West Texas Intermediate crude futures dropped as well, reaching $66.70. OPEC+ opted to increase oil production for May, setting the output target at 411,000 barrels per day. The supply increase discouraged investors, with sentiments also dampened by the Trump administration’s latest […]
Read moreApril 3, 2025 8:20 am
Spot Silver hovered above a one-week low of $32.98 on Thursday, tracking a broad sell-off in commodities, as investors grappled with market uncertainties after US President Trump unveiled an extensive set of import tariffs. Yesterday the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies on a […]
Read moreApril 3, 2025 6:59 am
Spot Gold scaled a new all-time peak of $3,167.57 per troy ounce on Thursday, after US President Trump unveiled an extensive set of import tariffs, which added more fuel to an already simmering global trade war. Yesterday the Trump administration announced a 10% baseline tariff on all imports to the United States and higher levies […]
Read moreApril 2, 2025 2:03 pm
Key moments Brent crude futures fell 0.62% on Wednesday, hitting $74.03. WTI also dropped, with its price lowering to $70.78. Market anxiety surrounding upcoming U.S. tariff announcements and growing concerns about rising crude oil inventories played key roles in oil price fluctuations. Brent and WTI Slip Amid Market Jitters Wednesday saw oil market prices going […]
Read moreApril 2, 2025 8:49 am
Spot Silver held above the $33.50 mark on Wednesday, as market players awaited the upcoming US reciprocal tariff announcement. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, two key US trading partners, later in the day. The White House has confirmed that new tariffs […]
Read moreApril 2, 2025 7:06 am
Spot Gold held within striking distance of yesterday’s record high of $3,148.88 per troy ounce on Wednesday ahead of the Trump administration’s reciprocal tariff announcement. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, two key US trading partners, later in the day. The White […]
Read moreApril 1, 2025 8:48 am
Spot Silver held not far from recent 22-week high of $34.59 per troy ounce on Tuesday, as market players awaited the upcoming US reciprocal tariff announcement. US President Trump is expected to impose tariffs on a range of products and nations, including Canada and Mexico, two key US trading partners, tomorrow. And, auto tariffs are […]
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