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Gold Shines Bright: Job Market Woes and Tariff Reversal Fuel Fresh Ascent

Gold prices soared past the $3,300 mark on Thursday, buoyed by a confluence of factors including disappointing US jobs data and a significant court ruling against previously imposed Trump-era tariffs. The precious metal, often sought as a safe haven, saw its value jump by 0.94%, with XAU/USD trading at $3,318 …

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Why Has Fed Chair Warned of Rising Supply Chain Shocks?

Federal Reserve Chair Jerome Powell recently raised concerns about the potential for more frequent and persistent supply chain shocks, which could complicate the central bank’s efforts to balance inflation control with employment stability. Speaking at a recent conference, Powell noted that these disruptions could fuel inflationary pressures and challenge the …

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Nvidia Regains Crown as World’s Most Valuable Company After Strong Earnings

Nvidia stock surges, reclaiming the title of the world’s most valuable company. Market cap surpasses Microsoft, reaching approximately $3.44 trillion.Nvidia’s stock skyrocketed on Thursday, propelling the AI chip leader back to the top spot among the world’s most valuable companies.Nvidia (NVDA) shares climbed 4% during Thursday’s trading session, boosting the …

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Bitcoin Slips as Profit-Taking Weighs Heavier Than Tariff Relief; Altcoins Mixed

Bitcoin extended its decline on Thursday, pressured by sustained profit-taking after notching record highs earlier this week, while a favorable U.S. court ruling on trade tariffs failed to lift sentiment across the cryptocurrency space. The world’s largest digital asset fell 1.2% to $107,721.6 by 01:43 ET (05:43 GMT), marking a …

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European Stocks Rise as U.S. Court Blocks Trump’s Tariffs; AI and Luxury Stocks Lead Gains

European equities advanced on Thursday, buoyed by a U.S. trade court’s ruling to block President Donald Trump’s sweeping tariff proposals, which lifted market sentiment and eased investor concerns over an escalating trade conflict. The pan-European STOXX 600 index edged 0.2% higher as of 08:43 GMT, while Germany’s DAX 40 gained …

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Gold Prices Fall as Trump Tariff Ruling Sparks Risk Rally and Dollar Strength

Gold prices extended their recent decline in Asian trading on Thursday, as a U.S. federal court ruling against President Donald Trump’s proposed trade tariffs bolstered risk sentiment across markets. The ruling also fueled a stronger U.S. dollar, further weighing on gold and broader metal prices. Spot gold fell 0.5% to …

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