Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday Ahead of Key Inflation Data
Gold Prices Rebound To RM14,079.37, Up 1.57% Despite US Market Weakness
With the easing of trade tensions, Japanese stocks are poised for their longest rally since 2009, while U.S. Futures are down, and Gold has risen sharply by 30 dollars in the short term.
The Japan Tokyo Stock Index has risen for the 13th consecutive trading day, reaching its highest intraday increase since August 2009; the India SENSEX Index fell by 0.8%, and the Pakistan KSE-100 Index rose by 0.45%; the USD/JPY has slightly weakened, dropping by 0.35% during the day; spot Gold has increased by 0.61% to $3,254 per ounce.
Gold Sinks More Than 3% on U.S.-China Trade Optimism but Uncertainty Says High
Gold Skids More Than 3% on Tariff Relief. Is It Time to Sell?
Express News | Gold and Silver Are Trading Lower After the US and China Agreed to a Temporary Reduction in Most Tariffs on Each Other's Goods. This Could Be Driving a Rotation Out of Safe-haven Assets
Gold Futures Slump as U.S., China Agree to
Gold Slips as Trade Optimism and Fed Stance Weigh on Safe-Haven Demand
The China-U.S. statement ignites Global optimism: Hong Kong and U.S. stocks surged, while Gold fell to a nearly one-month low.
① After the joint statement of the China-U.S. Geneva economic and trade talks was released, the Global financial markets immediately experienced significant fluctuations; ② The Hong Kong stocks expanded their gains in the afternoon, U.S. stock index Futures rapidly surged, while Gold prices fell in response; ③ In the Forex market, the USD rose sharply, and the offshore RMB against the USD also clearly strengthened.
After the China-US meeting, Gold experienced a short-lived plunge, and many national Banks are still warning about investment risks. Why is there a reluctance for wild fluctuations?
① After China announced that an important consensus was reached in the China-U.S. meeting, spot Gold fell to $3260 per ounce, dropping over 2% at one point during the day. ② Recently, many national commercial Banks have continued to raise the subscription minimum amount for Gold accumulation Business and clearly remind that "investment has risks." ③ Referencing the past lessons from the Crude Oil Product treasure and paper Gold incidents, Banks do not wish for Gold to experience extreme volatility, especially in accumulation Gold Business.
Gold prices faced a "weekend storm" -- substantial progress in Sino-U.S. negotiations, ceasefire between India and Pakistan, negotiations between Russia and Ukraine, and talks between the U.S. and Iran.
Global risk aversion has receded, and Gold has plummeted. High-level economic and trade talks between China and the United States have reached important consensus and made substantial progress. The ceasefire agreement between India and Pakistan has been maintained on Sunday. Putin proposed to resume direct negotiations between Russia and Ukraine in Turkey on the 15th. The previously postponed fourth round of talks between the US and Iran has also begun.
Gold Eyes Further Gains Amid Trade Talks And Market Volatility
Gold Tops Stocks as Second-favorite Long-term Investment, Real Estate Still No. 1 - Gallup Poll
More Fuel For Gold Fever -- WSJ
Gold Tumbles After Trump Unveils U.K. Trade Deal, Boosting Hopes for Progress With China
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Hopes of Potential US-UK Accord
Gold Futures Snap Three-day Winning Streak To Close Lower
Commodity Roundup: Gold Falls Over 1% Amid Trade Deal Hopes; Ferrous Market Under Strain
New Bond King: How can the US stock market not fall? Gold prices will reach 4000 dollars.
Jeffrey Gundlach stated that the rising unemployment rate and the inverted yield curve both indicate that the USA economy is heading into a recession, predicting that the S&P 500 Index may fall to around 4600 points. Investors are in a mid-term risk-averse market, and due to concerns over geopolitical turmoil, tariffs, and existing massive debt, Gold could rise to 4000 dollars.
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