Gold was stable on Friday (2/5) at $3241 in the Asian session after experiencing a massive decline of more than 2% on Thursday.
The easing of trade tensions between the US and its trading partners has affected demand for safe haven assets, thus weighing on the precious metal
Meanwhile, investors are now pricing in a higher chance of a Federal Reserve (Fed) interest rate cut, although everything depends on the trade deal. This, in turn, could boost the price of non-yielding Gold.
The US April jobs report will be in focus on Friday as it could prompt the US Fed to start cutting interest rates sooner rather than later. This data is in the spotlight for market players to speculate.
Source: Newsmaker.id
Oil prices rose in early Asian trading as tensions between the US and Venezuela escalated, according to a research note from analysts at Nanhua Futures. They cited S&P data showing a decline in ta...
Silver prices are currently trading above $74.49 per ounce in the US session on Friday (December 26th), extending a remarkable rally that began several months ago, fueled by geopolitical tensions and ...
Gold reached an all-time high, continuing its extraordinary rally fueled by geopolitical tensions and a weakening US dollar. Spot gold prices rose 1.2% to above $4,530 per ounce, influenced by tension...
Gold reached an all-time high, continuing its extraordinary rally fueled by geopolitical tensions and a weakening US dollar. Spot gold prices rose 1.2% to above $4,530 per ounce, influenced by tension...
World oil prices moved slightly higher in today's trading, with Brent rising slightly to around US$62.3 per barrel and WTI around US$58.4 per barrel, as the market weighed geopolitical tensions in Ven...
Hong Kong stocks rose 213 points, or 0.8%, to 26,025 on Monday morning, extending their gains for a second session as market participants opened the final week of 2025. The Hang Seng Index also hovered near a three-week high, with gains across many...
Oil prices rose in early Asian trading as tensions between the US and Venezuela escalated, according to a research note from analysts at Nanhua Futures. They cited S&P data showing a decline in tanker traffic to Venezuela, which could tighten...
The USD/JPY pair weakened in Asian trading on Monday, hovering around 156.20 and briefly approaching 156.00. This weakening occurred after the Japanese Yen (JPY) strengthened, following signals from the Bank of Japan (BoJ) reinforcing expectations...
Tensions between China and Taiwan have once again become a major focus of global markets, amid escalating military activity and diplomatic pressure...
As I conclude 2025 from Beijing, I don't claim to have the ability to predict the future. Predictions often fall short when judged by accuracy....
The S&P 500 and Dow rose 0.1%, closing at record highs as strength in the technology and energy sectors offset caution related to strong growth...
US equity futures remained sluggish on Friday (December 26th), expected to remain in thin trading after the market closed for a holiday. Contracts...