(Bloomberg) — Gold and silver hit records on Tuesday after a weaker-than-expected US inflation reading, while markets kept a close eye on the Trump administration’s renewed attacks on the independence of the Federal Reserve.
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MCX Copper Target Today: Neal Bhai Predicts 1327, 1345, 1362+ Very Soon
Neal Bhai is known as one of the best technical analysts in India. His market analysis is based on strong chart patterns, trend strength, and price action.
Gold & Silver Outlook: Prices Likely to Stay Strong Amid US Tariff, Global Tensions
Gold and silver prices are expected to remain stable to strong in the coming week, supported by global uncertainty and cautious investor sentiment. Market participants are closely watching US tariff-related decisions, ongoing geopolitical tensions, and movements in the US dollar and bond yields.
EUR/USD Falls to 1.1640, Weekly Loss 0.7% as US Dollar Stays Strong
The EUR/USD currency pair ended the week near the 1.1640 level, posting a weekly loss of around 0.7%. The fall came as the US Dollar remained strong against major global currencies.
Nickel Oversupply, Zinc Shortage: What LME Shadow Stocks Reveal
Nickel’s turbo-charged rally was snuffed out on Wednesday by a super-sized delivery of the battery metal on the London Metal Exchange (LME).