US EditionStocks, yen rise; gold, silver and oil jump amid US-Venezuela tensions
7 Articles
7 Articles
Gold and silver prices rose on Monday and set new records as refuge assets in the face of uncertainty over the crisis between the United States and Venezuela and the possibility of the Fed again cutting interest rates. These two precious metals were «driven by rising tensions» between the United States and Venezuela, said Ipek Ozkardeskaya, Swissquote analyst. The United States Coast Guard began on Sunday a «active pursuit» of an oil vessel in t…
Prices closed upwards for fourth consecutive day
Given the impact on the supply of crude oil caused by US acts of piracy, investors have chosen to liquidate foreign exchange positions and sovereign bonds to take refuge in physical ingots.
Stocks, yen rise; gold, silver and oil jump amid US-Venezuela tensions
Most major stock indexes were higher at the start of a holiday-shortened week on Monday, with shares of Nvidia rising, while the yen strengthened against the U.S. dollar after Japanese officials warned against "one-sided and sharp" currency moves.
Gold and silver continue to rise and reach record prices this Tuesday due to geopolitical tensions between the United States and Venezuela, and copper also operates on an unprecedented level. Gold reached a new peak on Tuesday, close to the threshold of $4,500 per ounce, thanks to the weakness of the dollar and persistent geopolitical uncertainty, which fueled the demand for this shelter asset, while silver continued to climb to a historic peak.…
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