Silver price declined as optimism surrounding potential ceasefire talks between Russia and Ukraine dampened demand for safe-haven assets. President Trump announced that Ukraine and Russia are preparing to enter immediate ceasefire negotiations, possibly excluding US participation. Silver’s losses on Monday were partially offset by Moody’s decision to downgrade the US sovereign credit rating. Silver price
US equities markets rose since our last report as all three major equities indexes S&P 500, Dow Jones and Nasdaq moved to higher grounds, albeit with slight variations. In today’s report we are to examine fundamentals which may have affected US equities, have a look at a couple of companies which we found especially interesting
XAU/USD Gold extends strong recovery into second consecutive day and hit two week high on Tuesday, as fresh extension higher cracks Fibo 61.8% of $3500/$3201 pullback ($3286) and near psychological $3400 barrier. Fresh rise in safe haven demand on renewed concerns about trade conflict with China and worsening geopolitical situation, lifted metals’ price and signaling
Gold price drifts higher to around $3,245 in Monday’s early Asian session. US tariff uncertainty boosts the safe-haven flows, supporting the Gold price. US NFP rose by 177K in April vs. 130K expected. The Gold price (XAU/USD) trades in positive territory near $3,245 during the early Asian session on Monday. The renewed concerns over the US
Silver price is declining as safe-haven demand for precious metals weakens amid easing trade-war concerns. President Trump highlighted progress in negotiations and confirmed recent communications with Chinese President Xi Jinping. Dollar-denominated silver is losing its appeal, with the US Dollar strengthening on growing optimism over improving US-China trade relations. Silver price (XAG/USD) is depreciating after
Gold price declines to near $3,335 in Tuesday’s early Asian session. Improved optimism over a US-China trade deal undermines the Gold price. Fed rate cut bets might help limit the XAU/USD’s losses. The Gold price (XAU/USD) loses ground to around $3,335 during the early Asian session on Tuesday. The yellow metal edges lower amid a
Gold Price loses ground to near $3,310 in Monday’s early Asian session, down 0.30% on the day. De-escalating trade tensions between the US and China underpins the Gold price. The fears of the US recession might help limit the Gold’s losses. The Gold price (XAU/USD) drifts lower to around $3,310 during the early Asian session
XAU/USD Gold price fell on Friday after recovery attempts previous day failed to regain pivotal barriers at $3371 (broken Fibo 23.6% of $2956/$3500) and $3400 (psychological) and signal that corrective phase off new all-time high is over. Fresh weakness probes again through lower triggers at $3300 (psychological) and $3292 (Fibo 38.2% of $2956/$3500) with weekly
Gold (XAU/USD) prices have recently corrected after hitting the key resistance level at $3,500. However, the pullback appears healthy and reflects underlying strength in the gold market. Traders are now closely monitoring global developments, particularly tariff-related news, that could influence gold demand. Despite the recent correction, the overall trend remains bullish. Fed rate cut speculation
The process Bottoming is a process, so let it unfold. Yesterday’s market message was clear: the S&P 500 lost another -2.36%. While many technical indicators signaled oversold conditions recently and the market did have a short rebound, the most crucial indicator, price, has yet to confirm the all-clear. Price holds immense wisdom because it reflects