Gold prices rose to an all-time high on Monday as a cocktail of factors from U.S. rate cut expectations, China’s stimulus measures to geopolitical tensions lifted demand, with the momentum also carrying silver to a more than 11-year peak.
Lim Hui Jie
Asia-Pacific markets slid on Tuesday, breaking ranks with Wall Street that saw the Nasdaq hit record highs overnight on the back of tech rally.
Holly Ellyatt
European markets are heading for a positive open at the start of the new trading week, building on positive momentum seen last week.
Gold prices hit an all-time high on Monday as a slowing U.S. inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut soon, while silver scaled a more than 11-year peak.
Lim Hui Jie
Asia-Pacific markets mostly rose Monday, tracking Wall Street gains, as investors await economic data from across the region this week.
Karen Gilchrist
European markets are poised to open lower Friday after shares snapped a nine-day winning streak in the previous session as earnings weighed on positive sentiment.
Gold prices appeared set for a second consecutive weekly gain on Friday, after recent U.S. inflation data fueled expectations that the Federal Reserve could cut interest rates this year.
Shreyashi Sanyal & Lim Hui Jie
Asia-Pacific markets mostly fell Friday, as investors assessed key China data to gauge the state of the world’s second-largest economy.
Karen Gilchrist & Holly Ellyatt
European stocks opened mixed Thursday as earnings weighed on a relief rally for global markets following softer-than-expected U.S. inflation data.
Gold prices inched up on Thursday following a sharp rise in the last session as the dollar and bond yields weakened on the increasing likelihood of rate cuts by the U.S. Federal Reserve as early as September.
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