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Market Update

Gold Holds Steady in Tense Trade Amid Economic Crosswinds Before Trump-Zelenskyy Summit

Gold prices maintained a narrow trading band on Monday, August 18, 2025, edging slightly lower by 0.03% to $3,334.620 amid sustained safe-haven interest driven by geopolitical tensions. The precious metal’s intraday volatility saw it rebound from a daily low of $3,323.685 to a high of $3,358.490, reflecting a net daily …

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Weekly market wrap: Powell’s statements in Jackson Hole into focus  

Throughout the last trading week, US dollar was a net loser amid improvement in risk appetite, increasing expectations of a rate cut by the Fed in September meeting, relative stability in prices, and fears of intervention in Fed’s policies. Although Trump-Putin summit in Alaska didn’t reach a peace deal in …

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Dow Jones Hits Record High but Stumbles as Consumer Confidence Wanes

The Dow Jones Industrial Average soared to a fresh all-time high of 45,277 on Friday, breaking past 45,250 for the first time. However, the rally fizzled as weaker-than-expected consumer sentiment data and anticipation of a high-profile meeting between global leaders dampened investor enthusiasm by the close of the trading week. …

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