March 7, 2025 7:23 am
Key moments Gold poised for 1.9% weekly gain, outlook remains optimistic Overall uncertainty continues to underpin safe haven demand US Non-Farm Payrolls figures on traders’ radar for clues over Fed monetary easing path Spot Gold traded within a relatively tight range on Friday and looked set for a weekly gain, as investors braced for the […]
Read moreMarch 7, 2025 7:10 am
Key moments Gold prices, though slightly down on Friday, were set for a weekly increase due to trade policy uncertainties. President Trump’s tariff announcements and subsequent suspensions impacted gold’s price, reflecting market volatility. Investors awaited the U.S. non-farm payrolls report for further market direction, with expectations of 160,000 jobs gained. Despite Minor Pullback, Gold Holds […]
Read moreMarch 6, 2025 4:08 pm
Key moments NBIM allocates $250 million to hedge funds as part of its long-short equity strategies. New mandates target returns over 1.8% above benchmark. Norway’s fund, managing oil revenues, achieved 7.5% annualized returns over a decade. NBIM Aims to Outperform Benchmark by More Than 1.8% after Fees Norway’s $1.8 trillion sovereign wealth fund, managed by […]
Read moreMarch 6, 2025 12:07 pm
Key moments OPEC+ announces a production increase of 138,000 barrels per day, the first rise since 2022. U.S. crude oil stockpiles increase by 3.614 million barrels, exceeding market expectations. WTI crude oil price extends its losing streak, approaching $66 per barrel. OPEC+ Production Hike Triggers Market Downturn West Texas Intermediate (WTI) crude oil prices have […]
Read moreMarch 6, 2025 10:47 am
Key moments KOMSCO halts gold bar sales for over three weeks due to supply issues, amidst strong market demand. South Korea’s bar and coin investment rose 29% in Q4, coinciding with an 11% won depreciation. Individual investors pull ₩224.88 billion from equities, while gold prices climb 10%, showing a shift to gold. Supply Constraints and […]
Read moreMarch 6, 2025 10:06 am
Key moments Global producers propose aluminum premiums of $245-$260 per metric ton for Japan, a potential 14% increase from the prior quarter. Japanese buyers deem offers too high, noting spot market prices are currently below $200 per metric ton. The first quarter premium was agreed at $228 per metric ton, the highest in nearly ten […]
Read moreMarch 6, 2025 9:43 am
Key moments While Gold’s value fell from its Thursday peak of over $2,926, the precious metal continues to hover around $2,900. President Trump’s imposition of tariffs on major trading partners has fueled anxieties about a potential global trade war, prompting investors to seek the stability of gold. Market speculation regarding upcoming Fed interest rate cuts […]
Read moreMarch 5, 2025 2:49 pm
Key moments The United States Natural Gas ETF has seen a dramatic increase, reaching a new 52-week high and a share price exceeding $23. A severe Arctic blast disrupted production and increased heating demand, creating a supply-demand imbalance that significantly boosted UNG’s value. Recent political announcements, such as potential retaliatory export taxes, have caused fluctuations […]
Read moreMarch 5, 2025 1:07 pm
Key moments President Trump’s consideration of a 25% tariff on copper imports is causing significant market volatility and driving price increases. The potential tariffs have created a substantial price gap between Comex copper futures in New York and LME futures in London, reflecting the market’s anticipation of U.S. import restrictions. The prospect of tariffs has […]
Read moreMarch 5, 2025 11:34 am
Key moments Oil prices declined for a third consecutive session, with Brent futures falling 0.63% to $70.59 a barrel. OPEC’s intentions to increase daily output by 138,000 barrels from April will unwind daily cuts of nearly 6 million barrels. US West Texas Intermediate crude also experienced a notable decline of 74 cents, sliding 1.08% to […]
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