Monthly Archives: February 2025
Gold Loses Record Highs as Traders Take Profits
Written on February 25, 2025 at 9:36 am, by casandra
Gold pulls back from record highs as profit-taking sets in amid tariff concerns and inflation risks, trading near $2,933. – vtmarkets.com
Goldman Sachs anticipates copper prices rising to $10,500-$11,500 per tonne by early 2026.
Written on February 25, 2025 at 9:34 am, by davin
Goldman Sachs predicts copper prices will rise to $10,500-$11,500 per ton, citing supply deficits through 2026.
In the United Arab Emirates, gold prices experienced a decline, as per recent data.
Written on February 25, 2025 at 9:09 am, by davin
Gold prices in UAE fell to 347.03 AED per gram. Influencing factors include geopolitical instability and interest rates.
Trump plans to sign additional executive orders at 1500 US Eastern time.
Written on February 25, 2025 at 9:06 am, by davin
Trump to sign executive orders Tuesday; tariffs on Canada, Mexico proceed; Keystone XL, Iran policy developments continue.
Gold prices in India demonstrated a decline, based on the compiled data released today.
Written on February 25, 2025 at 8:38 am, by davin
Gold prices in India dropped Tuesday; 1 gram costs 8,205.23 INR. Central banks continue increasing gold reserves.
Trump reiterates his desire for the Keystone XL pipeline’s construction, suggesting easy approvals and immediate commencement.
Written on February 25, 2025 at 8:34 am, by davin
Trump urged the Keystone XL pipeline’s construction, promising easy approvals and suggesting another company if necessary.
After recent losses, GBP/USD trades around 1.2630, maintaining support above 1.2600 near the EMA.
Written on February 25, 2025 at 8:09 am, by davin
GBP/USD trades near 1.2630 in an ascending channel, with resistance at 1.2690 and support at 1.2597.
The Bank of Korea reduces its base rate to 2.75%, forecasting GDP growth and inflation rates.
Written on February 25, 2025 at 8:06 am, by davin
The Bank of Korea cuts interest rates to 2.75%; GDP growth projected at 1.5% in 2025.
Yen Holds Gains as BoJ Speculation Grows
Written on February 25, 2025 at 7:50 am, by casandra
The yen hovers near 149.7 per dollar, supported by rate hike expectations and safe-haven demand amid global trade tensions. – vtmarkets.com
Following a 25 bps rate cut, the USD/KRW fell below 1,430 as explained by Governor Rhee.
Written on February 25, 2025 at 7:37 am, by davin
BoK Governor Rhee Chang-yong explained the 25 basis point rate cut, citing weak growth and consumer sentiment.
