Today, the commodity market is in the spotlight amid intensifying violence in West Asia. Sharp price movement has been observed in commodity prices amid the increased geopolitical tensions surrounding the US and Israeli attack on Iran. Silver is trading about $95/oz, while Brent Crude has surged to around $80/bl. Gold is stable at $5,300 per…
After a strong performance this week, gold prices fell slightly in Asian trade on Thursday. Investors are increasingly optimistic that the US Federal Reserve (Fed) will cut interest rates in December. It also weakened the US dollar, which lifted the prices of metals including gold this week. Platinum was weak on Thursday, but silver prices…
Silver prices rose 0.61% to 98,141, supported by the dollar index, which fell for a fourth straight session below 104, its lowest level since November. The dollar’s weakness was driven by concerns over tariffs, a widening US trade deficit and rising unemployment, while the European Central Bank (ECB) cut its key interest rates by 25…
