Tag : US dollar

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Silver tumbles as COMEX margins rise and volatility spikes

manamalive.com
NEW YORK: Silver prices fell sharply on Thursday, extending a volatile run for the metal as fresh U.S. labor data pushed the U.S. dollar higher and pressured precious metals. Spot silver was down 8.9% at $76.54 per...
Gold slumps most in decades as silver posts record daily drop
Business

Gold and silver selloff ripples into stocks and commodities

manamalive.com
MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a record-setting rally gave way to forced liquidations, margin pressures, and...
Yuan weakens further, testing China’s resolve amid U.S. policy shifts
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Yuan weakens further, testing China’s resolve amid U.S. policy shifts

manamalive.com
Beijing struggles to stabilize the yuan as Trump tariffs and a strong U.S. dollar intensify pressures on China’s economy, raising global concerns about financial and trade stability....
Amid political turmoil, Pakistan's currency faces historic low
Business

Amid political turmoil, Pakistan’s currency faces historic low

manamalive.com
Amidst a backdrop of economic fragility and reliance on foreign aid, Pakistan’s currency, the rupee (PKR), has once again fallen dramatically against the US dollar, marking a distressing record low, the country’s central bank reported....
Chinese Yuan hits record lows against surging US dollar
Business

Chinese Yuan hits record lows against surging US dollar

manamalive.com
The yuan has hit new record lows against the surging US dollar, with the internationally-traded yuan reaching its lowest point since 2011 and China’s domestic currency hitting its weakest level since the 2008 global financial...