Gold prices started the Asian session with a slight increase after previously closing lower on Friday. The increase occurred as the market anticipated signals from the US economy and the Fed's interest rate outlook for 2025 after the PCE data came in below expectations. Israel's attack on Yemen is also one of the factors driving gold at this time.
Gold, a non-yielding asset, gained traction as the below-forecast US PCE inflation data raised expectations for a limited Fed interest rate cut next year, hinting at the possibility of more cuts.
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...
Brent prices surged again on Friday (November 7th), fueled by escalating geopolitical tensions in the Middle East, which have raised concerns about global supply disruptions. However, demand remains w...
Federal Reserve Governor Stephen Miran said better-than-expected inflation data and signs of continued weakness in the labor market call for a third consecutive interest rate cut in December. In the absence of new economic information due to the...
European stocks rallied on Monday (November 10th), rebounding from a three-week low hit on Friday, as investors welcomed early signs that the historic US government shutdown was nearing an end and as fears of a tech bubble ebbed last week. The...
Gold prices surged more than 2% on Monday (November 10th), hitting a two-week high, as weak U.S. economic data reinforced expectations that the Federal Reserve would cut interest rates, boosting demand for the non-yielding asset. Spot gold rose 2%...
European stocks fell on Friday as investors digested more quarterly earnings, but weekly losses were inevitable, with concerns regarding overheated...
US stocks rebounded from early losses to close mostly higher on Friday amid hopes that Congress members were making progress toward ending the...
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...
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...