Silver price marked $40.85, the highest since September 2011, on Tuesday. US July Personal Consumption Expenditures Price Index pointed to sustained inflationary pressures, adding to uncertainty around potential Fed rate cuts. Silver receives support from safe-haven demand, driven by lingering uncertainty over the legality of Trump’s dismissal of Fed Governor Cook. Silver price (XAG/USD) trades […]
Silver price has marked $39.10, the highest since September 2011, on Monday. The safe-haven Silver attracts buyer following President Trump’s 30% tariff on imports from the European Union and Mexico. Traders adopt caution after US economic adviser Kevin Hassett suggested that Trump could remove Fed’s Powell “if there’s cause.” Silver price (XAG/USD) extends its three-day
Silver forms double-bottom near key support, signaling a potential breakout above $37.31. Doji candle and thin US holiday volume suggest pause, not reversal. Bulls eye resistance at $37.49 and $38.00; downside risk begins below $36.00. Silver price traded sideways on Friday, remaining virtually unchanged at $36.84, due to thin trading volumes as US markets were
Gold prices rose in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 402.86 Saudi Riyals (SAR) per gram, up compared with the SAR 401.07 it cost on Thursday. The price for Gold increased to SAR 4,698.82 per tola from SAR 4,677.96 per tola a day earlier. Unit
Copper edged lower after China’s new-home prices fell the most in seven months, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Chinese monthly primary aluminium production rises 5% “China’s property market, a key sector for base metals demand, saw a 0.2% decline in new home prices in 70 cities in April. After several months
Gold prices fell in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 395.50 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 396.53 it cost on Friday. The price for Gold decreased to AED 4,613.08 per tola from AED 4,625.02 per tola on
“The price of Gold went on a bit of a rollercoaster ride on Thursday, Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen notes. Gold Swings $100 as trade tensions ease, inflation cools “After briefly dipping towards $3,120 per troy ounce, it recovered by more than $100 at times over the course of the
Gold prices fell in Pakistan on Friday, according to data compiled by FXStreet. The price for Gold stood at 29,134.04 Pakistani Rupees (PKR) per gram, down compared with the PKR 29,333.40 it cost on Thursday. The price for Gold decreased to PKR 339,813.20 per tola from PKR 342,139.00 per tola a day earlier. Unit measure
Gold prices rose in Saudi Arabia on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 420.26 Saudi Riyals (SAR) per gram, up compared with the SAR 413.08 it cost on Monday. The price for Gold increased to SAR 4,902.14 per tola from SAR 4,818.14 per tola a day earlier. Unit
Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 398.67 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 392.97 it cost on Friday. The price for Gold increased to AED 4,649.99 per tola from AED 4,583.58 per tola on
Gold prices rose in Malaysia on Friday, according to data compiled by FXStreet. The price for Gold stood at 458.71 Malaysian Ringgits (MYR) per gram, up compared with the MYR 453.15 it cost on Thursday. The price for Gold increased to MYR 5,350.24 per tola from MYR 5,285.45 per tola a day earlier. Unit measure
Gold prices rose in Philippines on Thursday, according to data compiled by FXStreet. The price for Gold stood at 5,613.30 Philippine Pesos (PHP) per gram, up compared with the PHP 5,586.39 it cost on Wednesday. The price for Gold increased to PHP 65,472.48 per tola from PHP 65,158.58 per tola a day earlier. Unit measure
Gold prices remained broadly unchanged in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 360.25 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 360.42 it cost on Thursday. The price for Gold was broadly steady at SAR 4,201.91 per tola from SAR 4,203.82 per
Gold prices remained broadly unchanged in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 350.93 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 350.96 it cost on Friday. The price for Gold was broadly steady at SAR 4,093.09 per tola from SAR 4,093.57 per
Gold prices fell in India on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 8,205.23 Indian Rupees (INR) per gram, down compared with the INR 8,238.38 it cost on Monday. The price for Gold decreased to INR 95,704.90 per tola from INR 96,090.80 per tola a day earlier. Unit measure
Silver price holds ground near its three-month high of $32.56, recorded on February 5. The upside of the Silver appears limited as the US Dollar gains ground amid rebounding US Treasury yields. Traders await US Nonfarm Payrolls to gain fresh impetus regarding the Fed’s monetary policy direction. Silver price (XAG/USD) remains in positive territory for
Gold rose close to a record high late last week after Donald Trump signalled a less aggressive approach to China, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Trump pushes Gold higher “In a TV interview last week Trump said he would ‘rather not have to use’ tariffs against China. His comments weighed on
