Disappointing ADP Data; Silver Surges
The data reinforced speculation that labor market conditions are cooling and that the need for Federal Reserve interest rate hikes…
Chinese Demand Boosts Silver Prices
Oil prices remaining well below their peaks seen during the Iran conflict also helped alleviate concerns regarding energy-driven inflation.
Odds of Fed Hike Drop; Silver Draws Renewed Interest
The July Producer Price Index (PPI) remained unchanged month-on-month and slowed to 4.7% year-on-year, down from 5.5% in June.
Yields Surge, Silver Loses Momentum
Based on the latest quotes, XAG/USD hovered around US$64.98 per troy ounce, down from the previous close of approximately US$65.78.
Silver Slips Again; Support Level Under Test
Year-to-date, silver prices have fallen by approximately 6.15%, highlighting its lagging performance despite the general support precious metals receive from…
Silver Prices Surge; Domino Effect of Gold Rally Begins to Take Hold
A weaker US dollar, combined with the US Treasury Department's move to increase its long-term Treasury bond buyback program, has…
Oil Hits Three-Week High; Trump’s Threats Raise Supply Risks
Brent crude rose approximately 2.1% to US$93.56 per barrel, while September WTI gained 2.5% to reach US$88.01 per barrel—its highest…
US Tightens Pressure on Iran; Oil Set for Second Weekly Gain
Market sentiment remains dominated by the US-Iran standoff over the Strait of Hormuz, which shows no signs of resolution, keeping…
Trump Pressures Iran; Oil Prices Near Three-Week Highs
The energy market remains focused on the situation in the Middle East, particularly the standoff between the United States and…
Minyak Lanjut Turun, Pasar Abaikan Sanksi Baru AS ke Iran
Tekanan utama datang dari respons pasar yang utama datang dari respons pasar yang relatif datar bagi perluasan sanksi AS kepada…