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Single-window export policy to strengthen Indonesia bargaining position
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The Indonesian government is pushing a single-window export policy to boost competitiveness in global commodity trade including palm oil and mining.
A significant decline in gold prices has prompted margin calls on some gold loans, mainly those structured with bullet repayments. Loans paid through regular monthly installments remain largely unaffected. The price correction stems from geopolitical events and interest rate concerns.
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Metal stocks saw a sharp downturn Tuesday with the Nifty Metal Index falling 3.2 percent.
Silver and gold prices rose on Wednesday following the Federal Reserve's meeting and other central bank announcements. The uptick came as oil prices and the US dollar weakened. Metals gained traction amid broader strength in risk assets.
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中国矿产资源集团与中国矿业巨头BHP签订长期铁矿石销售合同,其中Jimblebar铁矿粉定价部分挂钩人民币。这是中国市场交易数据首次纳入铁矿石定价基准,分析师表示。然而,美元在该贸易中的主导地位仍未改变。
Following last week's spike above $100 triggered by tanker strikes near Iraq, oil prices dipped slightly on Wednesday as U.S. crude stockpiles rose per API data. Iraq and the Kurdistan Regional Government agreed to resume exports, while Libya's production held steady despite a facility fire.
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Gold prices remained stable as investors weighed economic fallout from the Middle East conflict ahead of a US Federal Reserve decision. Renewed Iranian attacks and the killing of a senior Iranian official have heightened tensions, disrupting oil supplies and driving prices above $100 a barrel.
Gold prices dip amid strong dollar and Fed signals
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