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Amidst reduced trading, precious metals excelled, with silver reaching a fourteen-year high and gold rising
On September 1, 2025, the North American markets saw minimal action due to the US/Canadian holiday. WTI crude increased by 68 cents to $64.61, while the S&P 500 futures rose by 0.2%. Gold experienced a significant rise, gaining $30 to reach $3476. In currency markets, the British pound led, whereas the Japanese yen lagged. There’s a muted response to a US court blocking Trump’s tariffs, as market participants seem to adopt a ‘wait and see’ stance. The New Zealand dollar made modest gains, and the euro continued its steady rise. Precious metals turned out to be the top performers, with silver reaching its ... (full story)
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From msn.com | Sep 1, 2025
Gold hit a more than four-month high on Monday to trade around $30 shy of all-time highs, buoyed by U.S. Federal Reserve rate cut bets and a softer dollar, while silver breached $40 per ounce for the first time since 2011. Spot gold was up 0.7% at $3,469.84 per ounce by 1049 GMT, its highest since April 22 when it touched a record-high of $3,500.05. U.S. ...
From finance.yahoo.com | Sep 1, 2025
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From channelnewsasia.com | Sep 2, 2025
Gold sailed past US$3,500 per ounce to a record high on Tuesday (Sep 2), as a weaker dollar and mounting expectations of a United States Federal Reserve interest rate cut in September boosted the precious metal's appeal. Spot gold was up 0.3 per cent at US$3,487.55 per ounce as of 6.33am (2.33pm, Singapore time) after hitting a record high of US$3,508.50 ...
