Silver prices continue to decline while the RSI stays in the overbought zone.
Silver Prices Experience Decline Amidst Profit-Taking The price of silver continues to drop, but bullish momentum remains intact. The US President confirmed advancements in trade talks with China, boosting silver to multi-year highs. The Xag/USD is still trading above $36.00, with a relative strength index (RSI) of 67. On Wednesday, silver prices pulled back as […]
Consumer Prices Show Minimal Increase for Fourth Consecutive Month
U.S. Consumer Prices Edge Up in May Consumer prices in the U.S. saw a slight increase in May, marking the fourth month in a row of modest inflation. This trend suggests that the tariffs introduced during the Trump administration have not substantially affected prices for American consumers. According to the Labor Department, the consumer price […]
Gold prices in India: Rates on June 11
Gold prices experienced an uptick on Wednesday, as noted by FXStreet. Currently, the price of gold stands at INR 9,179.94 per gram, which is up from INR 9,132.11 the previous day. Additionally, the value rose from 106,515.10 to 107,073.10 per TOLA since yesterday. Unit Measure INR gold prices 1 gram 9,179.94 10 grams 91,798.06 TOLA […]
Growth of the Ethereum network, inflows from spot ETH ETFs, and rising prices attract new investors
Key Insights The rise in ETH prices is fueled by heightened network activity and significant spot ETF inflows. Current data indicates that overcoming the $2,800 mark will be challenging for ETH. Since May 10th, Ether (ETH) has fluctuated within a tight range of $2,370 to $2,770. Yet, some indicators hint at potential upward movement. When […]
Gold prices in India: Rates on June 10
Gold prices decreased in India on Tuesday, as detailed by FXStreet. The price was reported at INR 9,087.40 per gram, down from INR 9,149.26 the previous day. Additionally, the price for TOLA fell from 106,715.20 to 105,993.00 INR in just a day. Unit Measure INR Gold Prices 1 gram 9,087.40 10 grams 90,875.47 TOLA 105,993.00 […]
Platinum prices reach four-year high as market becomes more competitive
Platinum Prices Hit Four-Year High Amid Market Tension Platinum prices have continued their upward trend, hitting their highest point in over four years. This follows a sixth consecutive session of gains, amid increasing signs of market strain. The spot price of platinum reached $1,200.95 per ounce, marking a 2.7% increase and the highest level since […]
Canned food prices may increase by up to 30 cents each because of tariffs on steel.
Prices for cans of soup, beans, and even pineapples are likely to rise—not necessarily because of the food inside, but due to the can itself. The Trump administration’s recent decision to increase tariffs on imported steel by 50% is projected to elevate the cost of tin-coated steel, a crucial component for food cans. Experts in […]
Stainless Steel Market Responds to Tariff Increases – Today’s Crude Oil Prices
Customs Hike Shakes Up the US Stainless Steel Market Recently, the U.S. stainless steel market has been unsettled by a significant increase in tariffs. President Trump’s adjustments to the Section 232 Tax raised import duties on steel and aluminum from 25% to 50%. This change took effect on June 4, catching both suppliers and buyers […]
Gold prices in India: Rates for June 9
Gold Prices in India on Monday On Monday, gold prices in India held steady, based on data compiled by FXStreet. The rate was INR 9,122.12 per gram, showing little change from INR 9,119.14 on Friday. Similarly, gold prices were nearly unchanged at INR 106,398.60 per Tola on Friday, with minor variations noted throughout the week. […]
A Significant Copper Shortage Is Ahead – Current Crude Oil Prices
Copper Demand on the Rise Copper is increasingly becoming a vital element in modern construction and energy sectors. In the coming years, the global appetite for this metal is projected to surge as it’s integral to renewable energy initiatives and power transmission. Mining giant BHP anticipates that copper demand could grow by around 70% by […]