-
Silver Pulls Back After 14-Year Highs as US Dollar Strengthens
Today’s market action highlights the tug-of-war between safe-haven demand and policy uncertainty. Silver’s retreat after hitting multi-year highs underscores the fragility of momentum-driven rallies, while the US Dollar’s strength reflects caution ahead of key US economic data and Fed commentary. EUR/USD and USD/JPY remain sensitive to incoming inflation and growth signals, with central banks’ divergent stances driving volatility. Meanwhile, China’s cautious guidance through its daily yuan fix continues to shape regional sentiment. Looking ahead, traders will monitor PMI releases, US job market data, and ... (full story)
- Comments / Top
- Subscribe
Trader#3844
Sep 3, 2025 1:46am
Permalink
-
Related Stories
Stocks were lower early Tuesday as U.S. markets followed a downward trend from overseas, with the Nasdaq, S&P 500 and Dow all declining. European manufacturing PMIs were mixed, with the eurozone moving into expansion territory while Germany and the U.K. remained in contraction. The U.S. manufacturing PMI also missed expectations. Gold futures and silver ...
From fxstreet.com | Sep 2, 2025
Gold prices soar to a new all-time high past the $3,500 figure on Tuesday, rallying more than 2% even though the US Dollar advances and US Treasury yields rise. Risk aversion dominates, despite forecasts of a potential Federal Reserve (Fed) rate cut in September. XAU/USD trades above the $3,520 figure, after bouncing off daily lows of $3,470. Market mood is ...
From home.saxo | Sep 3, 2025
Gold has surged to a fresh record high at USD 3,547 per ounce, extending an already strong year that has seen the yellow metal gain 34% year to date. Silver has provided further support to the sector, trading above USD 40 for the first time in 14 years, leaving it up 41% year to date. The latest leg higher reflects a potent mix of renewed rate cut ...