Home / Adel (page 23)

Adel

Gold Breaks $4,700 as Greenland Tensions Drive Investors Toward Safe Havens

Gold prices surged to fresh all-time highs in Asian trading on Tuesday, decisively crossing the $4,700-per-ounce mark as markets remained on edge over escalating geopolitical uncertainty tied to U.S. President Donald Trump’s demands regarding Greenland. Spot gold rose 0.4% to $4,696.07 an ounce, while February futures climbed 0.5% to $4,701.96. …

Read More »

Canada Inflation Rises to 2.4% in December, but Core Pressures Continue to Ease

Consumer prices in Canada accelerated more than expected in December, rising 2.4% year on year, driven largely by base effects linked to last year’s temporary sales tax break. However, underlying inflation pressures continued to cool, with the Bank of Canada’s preferred core measures easing for a third consecutive month. Economists …

Read More »

European Defense Stocks Rise as Trump’s Greenland Tariff Threats Rattle Alliances

European defense shares climbed on Monday as investors reacted to fresh geopolitical tensions sparked by U.S. President Donald Trump’s threat to impose new tariffs on several European countries unless Washington is allowed to buy Greenland. Shares of Italy’s Leonardo, Germany’s Rheinmetall and Renk, Britain’s BAE Systems, and France’s Thales all …

Read More »

Bitcoin Slides as Trump’s Greenland Tariffs Trigger Risk-Off Move Across Crypto Markets

Bitcoin fell sharply in Asian trading on Monday, giving back a portion of last week’s gains after U.S. President Donald Trump’s tariff threats against major European nations over Greenland rattled global risk sentiment. The world’s largest cryptocurrency dropped 2.8% to $92,519 by 00:56 ET (05:56 GMT). While Bitcoin gained roughly …

Read More »

Gold Soars to Record High Near $4,700 as Trump Tariff Threats Ignite Safe-Haven Rush

Gold prices surged to unprecedented levels in Asian trading on Monday, climbing toward the $4,700 an ounce mark as investors rushed into safe-haven assets after U.S. President Donald Trump threatened fresh tariffs on several European nations over his push to acquire Greenland. Spot gold jumped 1.6% to $4,667.33 an ounce …

Read More »

Dollar Set for Third Weekly Gain as Strong U.S. Data Pushes Back Rate Cut Expectations

The U.S. dollar edged slightly lower on Friday, but remained on track for another weekly gain as stronger-than-expected American economic data reduced expectations of an early interest rate cut by the Federal Reserve. By 04:05 ET (09:05 GMT), the Dollar Index, which measures the greenback against a basket of six …

Read More »