Tag: Precious Metals
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Silver Price Forecast: Jumps Near $51 as Uncertainty Lingers Post-Shutdown
Overview: Silver Surges to the $51 Level as Shutdown Unfolds into Uncertainty Silver prices, traded as XAG/USD, rose toward the $51.00 mark in early Asian trading on Monday, signaling cautious optimism in the wake of the United States government shutdown’s conclusion. The metal’s move higher comes as traders weigh the potential implications for the economy,…
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Silver Price Forecast: XAG/USD Near $51 After Shutdown Ends
Silver Improves on Optimism as Shutdown Ends The silver market, tracked as XAG/USD, moved back into positive territory and pressed toward the $51 per ounce mark during the Asian session on Monday. The initial spark stemmed from relief that the US government shutdown has ended, removing a layer of political risk that had kept investors…
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FBR Foils Large Silver Smuggling Bid at Karachi’s International Mail Office
Major Smuggling Ring Foiled at Karachi’s International Mail Office In a significant crackdown on illicit cross-border activities, Federal Board of Revenue (FBR) customs officials at Jinnah International Airport in Karachi thwarted a large-scale attempt to smuggle silver into Pakistan through the International Mail Office (IMO). The operation underscores the ongoing vigilance of Pakistan’s customs authority…
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FBR Foils 79.18kg Silver Smuggling Bid at Karachi’s IMO Hub
Summary: A Bold Smuggling Attempt Uncovered at Karachi In a high-stakes interception, the Federal Board of Revenue (FBR) customs officials at Jinnah International Airport, Karachi, thwarted an attempt to smuggle a substantial quantity of silver into Pakistan via the International Mail Office (IMO). The discovery underscores the ongoing vigilance of customs authorities at major entry…
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Trump’s Fed Feud Boosts Gold as Safe Haven for Investors in 2025
Trump’s Fed Feud: A Catalyst for Gold’s Safe-Haven Appeal The ongoing debate over the independence of the Federal Reserve under President Trump has intensified fears about monetary policy autonomy. As policy makers grapple with inflation, growth, and political pressure, gold is once again stepping into the spotlight as a trusted hedge. A recent emphasis from…
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Trump’s Fed Feud: Why Fed Independence Fuels Gold’s Safe-Haven Appeal
Gold Gains as Trump-Fed Tension Resurfaces The spotlight is once again turning to gold as uncertainty about the independence of the Federal Reserve dominates conversations among investors and policymakers. In a week marked by heated rhetoric from the White House and a chorus of market commentators, fears that presidential influence could erode monetary policy autonomy…
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Trump’s Fed Feud: Why Gold’s Safe-Haven Shine May Outlast the Moment
Trump’s Fed Feud Stirs Market Anxiety and Gold’s Luster The debate over the independence of the U.S. Federal Reserve has intensified under President Trump, fueling questions about monetary policy autonomy and its potential impact on financial markets. As policymakers wrestle with the balance between presidential influence and central bank autonomy, gold investors are watching closely.…
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Gold Prices in Pakistan Today: Local Decline Follows International Dip
Overview: Gold Prices in Pakistan Today Gold traders and investors in Pakistan woke up to a softer bullion market on Saturday, with prices slipping in both international and local markets after a brief two-day break. The declines align with a broader global trend where precious metals faced pressure amid shifting macroeconomic signals and a strengthening…
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Gold surpasses $4,000 as global uncertainty fuels historic rally
Gold sails past $4,000 as uncertainty drives record rally The price of gold surged to a record high of more than $4,000 an ounce, reflecting a global investor mood that favors safe havens amid economic and political uncertainty. Spot gold briefly traded above $4,011 an ounce in Asia, while gold futures reached a similar level,…
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Gold Price Surge Triggers Consumer Backlash in Sweden
Gold price surge drives market scrutiny Sweden is currently witnessing a surge in consumer complaints tied to a rapidly rising price for gold. Over the past year, the price of the precious metal has climbed by about 45%, and the market remains highly active. As the price hovers around $3,885 per ounce, more buyers are…