Skip to main content
Skip to footer
- Markets
- Forex
- Commodities
- Crypto
Rising geopolitical threats and political uncertainty will likely impact financial markets around U.S. election
Data showed that Asia was an outlier that registered inflows of $3.1 billion in H1 2024
At 172.38 yen per euro, the currency declined to a record low on the common currency early on Friday
U.S. stock market recorded significant gains this year as enthusiasm around AI surged
This amount exceeds the nearly 9.2 trillion yen Japan spent on yen-buying, dollar-selling operations in late 2022
First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations
Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates
Strong dollar, possible interest rate hikes are major risks to gold prices
Gold prices achieved a record high of $2,449.89 but have since lost over $100
China plans on issuing 20-year, 30-year and 50-year ultra-long-term national treasury bonds this year
Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices
Traders are currently pricing in a 73 percent chance of an interest rate cut in November
Investors are speculating that BoJ will continue raising interest rates in the near future
Gold prices held above the $2,400 key level ahead of potential interest rate cuts later this year
The dollar index rose 0.1 percent, making greenback-priced bullion less attractive to holders of other currencies
The report also forecasts growth in Asian markets after U.S. stocks recorded a positive performance
The dollar index maintained its downward trend, declining 0.03 percent on Monday
Dollar index declined almost 0.6 percent this week, making gold more affordable for holders of other currencies
U.S. consumer prices increased less than expected in April, which supported bullion
Decline in inflation indicators could bode well for the precious metal
Stagflationary risks in the U.S. continue to support gold prices
U.S. employment data supported gold prices, which rose over 2 percent by the end of last week
Softer U.S. jobless claims data contributed to the optimism surrounding gold
Brent crude should return to the $90 per barrel mark as demand exceeds historic levels this year
