March 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 […]
Read moreMarch 19, 2025 7:43 am
Key moments US crude inventories experience an unexpected rise, as reported by industry data. Brent nears $70, whereas West Texas Intermediate hovers around $66. Ongoing trade disputes contribute to a risk-off sentiment in financial markets. Geopolitical tensions persist, with US and Russian stances diverging on regional conflicts. Fluctuations in Oil Prices Reflect Market Uncertainties Oil […]
Read moreMarch 18, 2025 9:42 am
Spot Silver registered a fresh 20-week high on Tuesday, as heightened geopolitical risks prompted a rush to safe haven assets. The Israeli Defense Forces initiated a series of strikes overnight after Hamas refused to release hostages as part of a ceasefire agreement. The truce between Israel and Hamas lasted for just a few weeks. In […]
Read moreMarch 18, 2025 9:19 am
Key moments U.S. natural gas futures saw a significant 2% drop on Monday, with further declines observed on Tuesday. A combination of record-breaking domestic gas production and forecasts of unseasonably warm temperatures through early April are the primary factors behind the recent decrease in price. European natural gas markets also experienced volatility, with European futures […]
Read moreMarch 18, 2025 7:45 am
Spot Gold registered a fresh record high of $3,018.75 per troy ounce on Tuesday, as market players focused on the outcome of the Federal Reserve’s two-day policy meeting to assess US economic outlook amid global trade concerns. The Fed is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at its […]
Read moreMarch 17, 2025 11:11 am
Key moments Crude oil prices experienced a significant rise on Monday. Brent oil prices increased by 1.02%, achieving a value of $71.30 per barrel, while U.S. WTI crude futures saw a 0.9% gain, reaching $67.77 per barrel. The U.S. military’s retaliation against Houthi rebels in Yemen following the group’s sabotage of commercial shipping served as […]
Read moreMarch 17, 2025 9:38 am
Spot Silver hovered near a fresh 19-week peak on Monday, drawing support from safe haven flows amid stagflationary fears, geopolitical risks and expectations of more rate cuts by the Federal Reserve. US Treasury Secretary Scott Bessent said over the weekend there were “no guarantees” there would not be a recession, though there could be an […]
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