Silver Price Forecast: XAG eyes $60.00 as rebound builds
Silver Price Forecast: XAG eyes $60.00 as rebound builds
Ongoing Negotiations with Muscat Could Lead to Lifting of Strait of Hormuz Blockade and Oil Sanctions
Negotiations over the Strait of Hormuz with Muscat continue, with the potential for an agreement that may end the naval blockade and lift oil sanctions. This development could significantly impact regional security and oil trade routes.
Gold jumps as suspected Yen intervention crushes Dollar, Fed bets ease
Gold jumps as suspected Yen intervention crushes Dollar, Fed bets ease
U.S. Treasury Secretary and USTR Discuss Trade Implementation with Chinese Vice Premier
U.S. Treasury Secretary Bessent and USTR Greer held talks with Chinese Vice Premier He Lifeng regarding the implementation of trade and investment boards. They emphasized Washington's expectation that China will fulfill its commitments on rare earths and agricultural products.
US Treasury Secretary and USTR Discuss with Chinese Vice Premier He Lifeng
US Treasury Secretary Bessent and USTR Greer held discussions with Chinese Vice Premier He Lifeng, focusing on economic and trade matters. The talks aim to address ongoing issues and strengthen bilateral cooperation between the US and China.
Silver rises as softer US inflation weighs on US Dollar
Silver rises as softer US inflation weighs on US Dollar
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Climbs Above $4100 As Dollar Dives
Weak dollar provided significant support to precious metals markets.
China lights Fort Knox Gold revaluation fuse [Video]
China lights Fort Knox Gold revaluation fuse [Video]
Australian Dollar Forecast: AUD/USD Three-Week Range Nears a Breakout
AUD/USD heads into the July close locked in a well-defined three-week range just beneath major resistance, leaving the pair at a pivotal technical inflection point. Buyers continue to pressure the upper boundary of the range while sellers have been unable to force a meaningful rejection, underscoring the constructive nature of the monthly recovery without yet confirming a breakout.
BoE's Bailey Says Market Pricing in Potential Interest Rate Hikes
Bank of England Governor Andrew Bailey stated that the financial markets are currently factoring in the possibility of higher interest rates in the near future. This reflects growing expectations of monetary tightening to address inflation concerns.