The US Dollar regained momentum, climbing to two-day highs as US yields rebounded and tariff-related headlines fueled market activity. All eyes are now on the Federal Open Market Committee (FOMC) meeting, a pivotal event that could shape market sentiment in the coming weeks. The US Dollar’s Resurgence The US Dollar …
Read More »Gold Prices Surge Amid Trade War Fears and Safe-Haven Demand
Gold prices have rebounded sharply, driven by escalating trade tensions and market volatility. The precious metal, often seen as a safe-haven asset, has surged past $ 2,790. This rally comes amid heightened uncertainty surrounding U.S. trade policies and cautious market sentiment ahead of the Federal Reserve’s monetary policy decision.Trade War …
Read More »Gold Prices Steady Amid Fed Meeting Uncertainty and Dollar Strength
Gold prices remained stable in early Asian trading on Tuesday after a sharp decline of over 1% on Monday, driven by a rebound in the U.S. dollar and growing caution ahead of the Federal Reserve’s interest rate decision. Spot gold (XAU/USD) traded at $2,740.19 per ounce, while February gold futures …
Read More »XAU/USD Declines 1% On Profit-taking, Broad Stock Selloff
Gold prices experienced a decline of over 1% on Monday, falling below the $2,750 level. This downturn was primarily driven by a confluence of factors. Firstly, profit-taking by investors contributed significantly to the gold price decline. Secondly, the emergence of DeepSeek, a Chinese artificial intelligence firm, triggered a broader market …
Read More »Why has China’s DeepSeek crept to news headlines all of a sudden?
The AI landscape has been shaken by the sudden emergence of DeepSeek, a Chinese artificial intelligence company that has rapidly gained traction with its powerful and surprisingly affordable AI chatbot. This development has sent shockwaves through the tech world, impacting stock prices and raising questions about the future of AI …
Read More »Gold Falls on Stronger Dollar; Market Focus Shifts to Federal Reserve Meeting
Gold prices dipped in Asian trading on Monday, shedding last week’s sharp gains as the U.S. dollar strengthened following President Donald Trump’s temporary imposition of tariffs on Colombian imports. Investors remained cautious ahead of the Federal Reserve’s interest rate decision this week, further pressuring the yellow metal. Gold Market Performance …
Read More »Weekly Market Recap: Central banks could steer price action this week
Last week was marked by significant events that influenced global financial markets. The inauguration of President Donald Trump, who wasted no time addressing the world on various market-related issues, was among the highlights. Company earnings reports and the long-anticipated interest rate hike by the Bank of Japan also played a …
Read More »Trump Pressures OPEC and Putin to Lower Oil Prices, Aims to End Ukraine War
Oil prices experienced a slight increase on Friday but concluded the week with a decline, marking the end of four consecutive weeks of gains. This shift follows President Trump’s announcement of major initiatives to boost domestic production and his renewed demand for OPEC to reduce crude prices.Price Movements Brent crude …
Read More »Will Gold Shine Brighter After the Fed Meeting?
The Gold Index, XAU/USD, peaked above $2,785 per ounce, and at the time of writing, the precious metal is trading at $2,772.31 per ounce. The recent unexpected rise in the US Consumer Price Index (CPI) has reignited concerns about inflation, prompting investors to seek safe-haven assets like gold. Furthermore, escalating …
Read More »Oil Prices Edge Higher, Set for Weekly Decline Amid Trump’s Energy Policies and Market Caution
Oil prices saw a modest rise on Friday but remained poised for weekly losses as markets reacted to U.S. President Donald Trump’s aggressive energy policies and ongoing global economic concerns. Market Performance Brent Crude Futures: Up 0.4% to $78.61 per barrel, down nearly 3% for the week. West Texas Intermediate …
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