Gold has found a new footing after this week’s pullback, holding well above its 200-day moving average and showing no real signs of weakness. The market appears steady — investors aren’t rushing to sell, and buyers are still creeping back…
Spot pricing for Gold $AU6355 Spot pricing for Silver $AU75.05 Spot pricing for Platinum $AU2392 Gold and silver prices have finally paused for breath after an extraordinary run, retreating sharply overnight as traders took profits from heavily overbought levels. Gold…
Monthly US consumer credit surged in the latest release, rising $16 billion compared with estimates of $10 billion. The stronger-than-expected figure highlights the growing reliance on debt as households grapple with higher living costs, a trend that may prove difficult…
Markets closed the week with a steady hand, as the S&P 500 bounced back after recent volatility, giving investors some confidence heading into September’s final stretch. Gold, meanwhile, held firm around the US$3,500 mark, consolidating after its earlier surge and…
Spot pricing for Gold $AU52439 Spot pricing for Silver $AU62.83 Spot pricing for Platinum $AU2183 Gold has soared again, breaking through the US$3,500 mark and pushing confidently higher as investors continue to flock to safe havens. Inflation, rising government bond…
Markets are bracing today as all eyes turn to FED Chair Jerome Powell, who is expected to give some clarity on whether another interest rate cut is on the cards. Traders are already positioning ahead of the speech, and the…
Spot pricing for Gold $AU5140 Spot pricing for Silver $AU58.03 Spot pricing for Platinum $AU2045 Markets keep climbing even as the alarms around inflation continue to ring. Trump has again put pressure on Powell to reduce interest rates, calling for…
Markets continue to push ahead despite a wave of negative headlines, with both the US500 and ASX200 shrugging off tariff-driven inflation concerns and a steady stream of poor economic data. The disconnect between market performance and the economic outlook remains…
Spot pricing for Gold $AU5133 Spot pricing for Silver $AU58.21 Spot pricing for Platinum $AU2063 The Reserve Bank of Australia has trimmed its cash rate by 25 basis points, the latest sign that policy makers are ready to pivot toward…
Markets absorbed a mix of data this week, with the US Federal Reserve opting to keep interest rates unchanged—signalling stability amid ongoing geopolitical and trade tensions. Despite the continued tariff stand-off, US consumer confidence rose, suggesting households remain resilient in…
Spot pricing for Gold $AU5111 Spot pricing for Silver $AU58.77 Spot pricing for Platinum $AU2152 The US is bracing for a sharp rise in GDP figures due out tomorrow—but the bump may be more illusion than substance. Analysts are attributing…
Gold surged earlier in the week, hitting fresh highs before consolidating slightly, as investors scrambled for safe havens amid renewed tariff chaos. With global markets rattled by unpredictable trade threats, bullion’s performance reflected a broader flight to safety. While gold’s…
Spot pricing for Gold $AU5216 Spot pricing for Silver $AU59.82 Spot pricing for Platinum $AU2210 Despite a fresh drop in leading economic indicators, US markets continue to edge higher. The US Conference Board reported a 0.3% decline in its Leading…
The Empire State Manufacturing Survey delivered another hit to market sentiment this week, plunging to – 16 in June – its sixth consecutive negative read – indicating ongoing contraction in business activity across New York state. Meanwhile, US retail sales…
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