gold and silver

Due to a weaker dollar and geopolitical uncertainties, gold and silver prices rose!!!

Gold and silver reached new record highs on Friday as investors flocked to safe-haven assets amid rising global tensions and a weakening US dollar.This shift was largely driven by geopolitical factors. Silver followed gold’s advance, boosted by its industrial applications, particularly in electronics and clean energy technologies, and its safe-haven appeal. Analysts say that while…

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crude

Oil prices edged higher as the market considered supply concerns!!!

Oil prices rose slightly on Friday due to increased US economic pressure on Venezuelan oil supplies and after the African nation’s authorities, in conjunction with the US, conducted airstrikes against Islamic State militants in Nigeria’s Sokoto state. However, oil prices are headed for their steepest annual decline since 2020, as investors weigh US economic growth…

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