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Silver holds near 1-week high ahead of US reciprocal tariffs

March 26, 2025 9:34 am
Spot Silver held in proximity to a one-week high of $33.81 per troy ounce on Wednesday ahead of the upcoming round of US tariffs, which has kept market players on edge. The Trump administration’s reciprocal tariffs are set to take effect on April 2nd, which many believe may stoke inflation and hinder GDP growth. In […] Read more

Spot Gold gains for 2nd day, holds near record high

March 26, 2025 8:02 am
Spot Gold gained for a second straight day on Wednesday, while holding within striking distance of record highs, ahead of the upcoming round of US tariffs, which has kept market players on edge. The Trump administration’s reciprocal tariffs are set to take effect on April 2nd, which many believe may stoke inflation and hinder GDP […] Read more

EUR/CHF stabilizes above fresh two-week low

March 25, 2025 2:43 pm
The EUR/CHF currency pair traded just above a fresh two-week low of 0.9511 on Tuesday, as uncertainty regarding the upcoming round of US tariffs continued to underpin safe haven currencies such as the Franc, while data showed Germany’s business climate had improved in March. The Trump administration’s reciprocal tariffs are set to take effect on […] Read more

USD/SEK falls to 2-week low, next round of US tariffs looms

March 25, 2025 11:41 am
The USD/SEK currency pair hovered just above a fresh two-week low of 10.0063 on Tuesday, as market players’ main focus was the upcoming reciprocal tariffs, promised by the Trump administration on April 2nd. Although US President Trump said yesterday that automobile tariffs were coming soon, he also indicated the reciprocal tariffs might be less severe […] Read more

Spot Silver holds ground above $33 on safe-haven flows

March 25, 2025 9:38 am
Spot Silver held above the $33 mark on Tuesday, bouncing off 1 1/2-week low, amid ongoing uncertainty regarding the upcoming round of US tariffs, which drove safe-haven demand. The Trump administration’s reciprocal tariffs are set to take effect on April 2nd, which many believe may stoke inflation and hamper GDP growth. However, US President Trump […] Read more

Spot Gold holds in tight range, tariff uncertainty persists

March 25, 2025 7:52 am
Spot Gold held mostly steady within a tight range on Tuesday, as uncertainty regarding the upcoming round of US tariffs continued to drive safe-haven flows. “Uncertainty remains over the extent and scope of upcoming U.S. reciprocal tariffs … gold continues to find some support as a hedge against potential surprises,” IG market strategist Yeap Jun […] Read more

USD/ZAR falls 0.5% as investors wait for tariff clarity

March 24, 2025 11:55 am
The South African Rand gained ground against a broadly weaker US Dollar on Monday, as market players awaited more clarity on the upcoming round of US tariffs. According to a Bloomberg News report, US President Trump is likely to exclude a set of sector-specific tariffs, while imposing reciprocal levies on April 2nd. “I would imagine […] Read more

Spot Silver bounces off 1 1/2-week trough

March 24, 2025 9:35 am
Spot Silver rebounded from Friday’s 1 1/2-week low of $32.66 at the start of the new week, supported by a weaker US Dollar and a rush to safe haven assets amid geopolitical tensions and economic uncertainty. The US Dollar Index was last down 0.10% to 104.046, easing from Friday’s two-week high of 104.223. A weaker […] Read more

Spot Gold holds above $3,000 as USD eases from 2-week high

March 24, 2025 8:01 am
Spot Gold held steady above the $3,000 mark on Monday, as the US Dollar eased from a two-week high, while market players were looking for fresh catalysts that may support the recent rally. Last week, Gold scaled a record high of $3,057.21 per troy ounce, underpinned by geopolitical tensions and prospects of Fed interest rate […] Read more

GBP/RUB posts 2nd weekly loss, settles above 39-week low

March 23, 2025 1:11 pm
The GBP/RUB currency pair registered a second straight week of losses and settled above Tuesday’s 39-week low of 105.315 in the wake of the Bank of England’s and the Bank of Russia’s policy decisions. The Bank of Russia (CBR) left its key policy rate without change at a record high of 21% at its March […] Read more