Silver keeps posting lower highs since peaking at $33.70 last weekRecent price action is forming a descending triangle pattern, a bearish sign.XAG/USD: Below the $32.60-3270 support, the next targets are $32.15 and $31.70. Silver prices (XAG/USD) are paring losses during Friday’s European session. The pair has returned above the $33.00 level following a significant reversal
TORONTO, ON / ACCESS Newswire / May 30, 2025 / TRU Precious Metals Corp. (TSXV:TRU)(OTCQB:TRUIF)(FSE:706) (“TRU” or the “Company”) announces that it will voluntarily delist from the OTC Markets Group OTCQB Venture market (“OTCQB”) effective May 31, 2025. Beginning on June 1, 2025, the Company’s common shares will be quoted in the US on the
Precious metals are trading in mixed fashion this Friday, May 30, as market participants position ahead of the Core PCE Price Index report set to be released in the North American session. This data remains the Federal Reserve’s preferred inflation measure and holds strong potential to shift market sentiment across gold, silver, and platinum. Gold
(Tallahassee, Florida) – For the second time in recent years, new sound money legislation has become law in Florida. Governor Ron DeSantis signed H 999 this week, paving the way for the elimination of the Sunshine State’s remaining sales taxes on purchases of gold and silver coins, bars, and rounds. At present, Florida imposes sales taxes on smaller purchases involving most
It’s another up day in the USD Index and another down day in precious metals and copper. But that’s just the start. My today’s premium Gold Trading Alert covers many markets, but in this free analysis, I’ll focus on silver, copper, and world stocks. It all has implications for gold and mining stocks, anyway. Is
Fed minutes warn of stagflation risks if tariffs drive inflation and weaken jobs outlook. Policymakers favor cautious stance as economic effects of trade policy remain unclear. Gold trades rangebound between $3,280–$3,360; RSI suggests limited near-term momentum. Gold prices recovered some ground on Wednesday as the Federal Reserve revealed in the May 6-7 minutes that they
XAU/USD drops below $3,300 as Trump’s EU tariff pause boosts sentiment and US Dollar. Trump delays 50% EU tariffs to July 9, improving market mood and weighing on safe-haven demand. DXY surges 0.62% to 99.54, driven by four-year high in US Consumer Confidence. Gold prices posted losses of nearly 2%, falling below the $3,300 figure,
Silver price depreciates as easing US-EU trade tension diminishes the safe-haven demand. The safe-haven demand for Silver may revive due to growing concerns over US debt issues. The non-yielding Silver may attract buyers due to reduced opportunity cost amid lower long-term US yields. Silver price (XAG/USD) loses ground after registering gains in the previous two
Gold prices fell in Philippines on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 5,942.70 Philippine Pesos (PHP) per gram, down compared with the PHP 5,961.86 it cost on Monday. The price for Gold decreased to PHP 69,315.67 per tola from PHP 69,537.91 per tola a day earlier. Unit measure
Gold eases on risk appetite but maintains its broader upside trend intact. US Dollar’s weakness is keeping Gold from falling further. XAU/USD: Below the $3,325 trendline support, bears will be targeting $3,285. Gold (XAU/USD) is trading lower on Monday, weighed by softer demand for safe havens. Trump’s decision to back away from his plan to