Gold rose for a fourth straight day after a key U.S. inflation report bolstered expectations for a Federal Reserve rate cut when policymakers meet next week.
Bullion traded above $2,720 an ounce — near its highest level in more than two weeks — after consumer price data on Wednesday rose in line with expectations. The report reinforced bets for a 25-basis-point cut at the Fed's final meeting of the year, with swaps traders now largely pricing in the move. Lower borrowing costs typically help bullion, since it doesn't pay interest.
Gold prices held above $4,100/oz on Tuesday (November 11) during the Asian session. This was supported by increasing expectations of a Fed interest rate cut following a series of weak US economic data...
Silver prices rose as risk sentiment improved in the market after signs emerged that the US government shutdown was nearing an end. These hopes pushed the US dollar slightly lower and increased intere...
Gold prices rose to $4,050 per ounce on Monday (November 10), driven by increased demand for safe-haven assets amid political uncertainty in the US. Investors are still awaiting a final agreement to e...
Silver prices rose on Friday (November 7th) due to a combination of two main factors: strong industrial demand, particularly from the technology and renewable energy sectors, and a worsening supply de...
Gold prices are currently rising due to increased demand as a hedge against geopolitical turmoil and uncertain monetary policy. For example, central bank gold purchases have grown significantly, and t...
Shutdown AS Reda, Investor Asia Gaspol Lagi? The reopening of the US federal government is approaching. This has given investors relief as official economic data will begin to flow again, providing clues to the direction of monetary policy. Risk...
Asian stocks advanced for a second consecutive day as progress toward ending the record-long US government shutdown lifted sentiment, sparking a cross-asset rally from commodities to cryptocurrencies. Shares in Japan, South Korea and...
Japanese stocks are higher thanks to the yen's recent weakening and hopes for stronger domestic earnings. Tech and electronics stocks are leading the gains. SoftBank Group is up 3.0% and Lasertec is 1.8% higher. USD/JPY is at 154.16, compared with...
Global stock markets rallied at the start of the week amid growing optimism that the US government shutdown will soon end. S&P 500 futures rose...
The longest government shutdown in U.S. history could end this week after a compromise that would restore federal funding cleared an initial Senate...
China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to amount to a complete rollback of...
Asian stocks advanced for a second consecutive day as progress toward ending the record-long US government shutdown lifted sentiment,...