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Gold holds near $4,000 as dollar softens; shutdown uncertainty tempers Fed-cut hopes

Gold steadied in Asian trading on Thursday, consolidating the prior day’s jump as a softer U.S. dollar and lingering uncertainty from the prolonged U.S. government shutdown underpinned haven demand. Spot bullion edged up 0.2% to $3,988.79/oz by 00:37 ET (05:37 GMT), while U.S. gold futures ticked 0.1% higher to $3,995.70. …

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Gold Retreats as Dollar Strength and Fed Uncertainty Cloud Outlook

Gold prices slipped below the psychologically significant $4,000 threshold on Tuesday, sliding toward $3,950 per ounce amid renewed pressure from a strengthening U.S. dollar and cautious signals from the Federal Reserve. The retreat followed a brief attempt to reclaim higher ground earlier in the day, underscoring a period of consolidation …

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Weekly market recap: Markets React to U.S.–China Trade and Fed Policy Shifts

The U.S. dollar posted weekly gains, supported by hawkish Federal Reserve commentary and improving trade relations between Washington and Beijing. The dollar index, which measures the greenback against a basket of major currencies, rose 0.4% to a three-week high at the start of last week and ended the week up …

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Week Recap: Fed in a Bind Amid Stock Surge, Gold’s Record Gains

The recent trading week concluded amid a state of chaos dominated by sharp contradictions that swept through global markets and major institutions, forcing investors to reassess fundamental risks, redistribute capital, and rearrange their diversified asset portfolios.Amid government deadlock in Washington and an unprecedented escalation in the trade war between superpowers, …

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AMD Shares Surge on Landmark Multi-Year AI Chip Deal with OpenAI

Advanced Micro Devices (NASDAQ: AMD) surged 25% in premarket trading after announcing a multi-year strategic partnership with OpenAI to supply cutting-edge artificial intelligence (AI) chips — a deal that could generate tens of billions of dollars in annual revenue for the chipmaker. Strategic Partnership Details The agreement grants OpenAI the …

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