Gold Extends Record Rally Amid Trade War Tensions and Fed Signals
Gold Extends Record Rally Amid Trade War Tensions and Fed Signals HG MARKETS: Gold prices continued their historic ascent this week, with the precious metal notching its third record high in just five days. The safe-haven asset is gaining traction as geopolitical and economic concerns deepen, prompting investors to reduce risk exposure and seek shelter […]
WTI Rises on Sanctions and OPEC+ Cuts
WTI Rises on Sanctions and OPEC+ Cuts HG MARKETS: West Texas Intermediate (WTI) crude oil prices have climbed again, trading around $62.40 per barrel during Asian hours on Thursday. This uptick comes as markets respond to escalating geopolitical tensions and strategic production adjustments by major oil-producing nations. Analysts say the gains mark the second consecutive […]
US Monthly Producer Prices Decline In March
US Monthly Producer Prices Decline In March HG MARKETS: U.S. monthly producer prices unexpectedly fell in March amid a sharp decline in the cost of energy products, but tariffs on imports are expected to drive inflation higher in the coming months. The producer price index for final demand dropped 0.4% last month after an upwardly […]
Japanese Yen Strengthens Amid Rising Trade Tensions
Japanese Yen Strengthens Amid Rising Trade Tensions HG MARKETS: The Japanese yen appreciated toward 145 per dollar on Wednesday, marking its second consecutive session of gains. This uptick in the yen’s value comes amid a combination of factors, including growing concerns about the global economic impact of US President Donald Trump’s trade policies and a […]
WTI Tumbles Near $60 Due to Worries Over Global Economic Instability
WTI Tumbles Near $60 Due to Worries Over Global Economic Instability HG MARKETS: West Texas Intermediate (WTI) crude oil prices recovered some of their losses during European trading hours on Monday, after hitting a low of $58.80 earlier in the day, the lowest level seen in four years. At the time of writing, the price […]
Gold& Silver Price Forecast: U.S. NFP Report Ahead
Gold& Silver Price Forecast: U.S. NFP Report Ahead HG MARKETS: Gold prices hovered just above the $3,100 mark on Friday, struggling to gain upward traction as markets reacted to renewed selling pressure amid lingering geopolitical tensions and macroeconomic uncertainty. Although there was an early attempt to rebound, the yellow metal stayed under pressure following U.S. […]
“Trump’s ‘Liberation Day’: The Global Trade Shift Begins”
“Trump’s ‘Liberation Day’: The Global Trade Shift Begins” HG MARKETS: President Donald Trump has officially designated April 2 as “Liberation Day” for America, a day that promises to reshape global trade and economics. On this day, Trump plans to impose sweeping retaliatory tariffs on all countries that tax U.S. exports. These tariffs, which will affect […]
Silver Price Outlook: XAG/USD Steady Near $34 as Trump’s Tariff Plans Draw Attention
Silver Price Outlook: XAG/USD Steady Near $34 as Trump’s Tariff Plans Draw Attention HG MARKETS: Silver (XAG/USD) remains relatively stable near the $34.00 mark during Monday’s European session as traders exercise caution amid ongoing global economic uncertainties. Investors have largely moved to the sidelines, awaiting clearer signals regarding economic trends, particularly with former U.S. President […]
Safe-Haven Demand Builds With Tariffs Rising and PCE Still to Come
Safe-Haven Demand Builds With Tariffs Rising and PCE Still to Come HG MARKETS: Gold extended its rally on Friday, briefly reaching a new all-time high of $3,086.09 before pulling back slightly. The surge is fueled by growing trade tensions and inflation concerns, with traders anticipating the release of the U.S. PCE inflation report later today. […]
Oil and Natural Gas Analysis As Geopolitical Tensions and Inventory Drops Support Prices
Oil and Natural Gas Analysis As Geopolitical Tensions and Inventory Drops Support Prices HG MARKETS: WTI crude oil prices gained momentum on Thursday, approaching $69.60 in early trading. This upward movement followed an announcement by US President Donald Trump of a 25% tariff on countries purchasing oil from Venezuela. The tariff heightened concerns about a […]