Hey there! If you’ve been keeping an eye on silver prices, you might’ve noticed they’re hovering around $38.80 during early European trading hours on Tuesday. That’s pretty close to the highest level we’ve seen in a decade, around $39.00. So, what’s keeping silver so strong? Let’s break it down in a way that’s easy to follow.
Federal Reserve
Fed Will Keep Trump Waiting Amid a Wave of Global Rate Cuts [21 July 2025]
Global Rate Cuts: — Donald Trump is struggling to get the Federal Reserve to cut interest rates, but policymakers around the world won’t need so much convincing.
Trump Says No Plans to Fire Fed Chair Powell, But Keeps Pressure On
Hey there! If you’ve been following the news, you might’ve heard some buzz about President Donald Trump and Federal Reserve Chair Jerome Powell. On July 16, 2025, Trump made headlines by saying he’s not planning to fire Powell. But, as you might guess with Trump, there’s more to the story. Let’s break it down in a way that’s easy to follow and feels like a chat with a friend.
Fed’s Hammack: Tariff impacts remain uncertain
Federal Reserve outlook: Beth Hammack of the Federal Reserve Bank of Cleveland depicted a fundamentally robust economy, despite inflation persistently surpassing the Fed’s target.
Why Gold Prices Are Dropping and What to Watch Next
I’ve been keeping an eye on gold prices lately, and wow, they’ve taken a bit of a hit! As we head into the European tradingsession, gold (XAU/USD) is sitting well below $3,300, actually touching a one-week low this Wednesday. So, what’s causing this dip? Let’s break it down in simpleterms.