Crude oil futures settled near US $58.84 per barrel on the session, marking a modest rebound from intra-day lows. According to one source, U.S. crude rose to about US $58.84…
JPMorgan Desk Note Circulates A fresh note circulating from JPMorgan’s trading desk is stirring conversations across global markets today, warning that the latest surge across risk assets may be less…
Analysts now believe China is buying far more gold than it publicly reports, and that this covert buying has become an important driver of the recent record gold rally. Société…
1. China: Inflation & Activity Data China remains the wildcard for global markets and FX flows, particularly given its role in commodity demand and trade linkages (especially for Australia). Recent…
Gold prices took traders on a wild ride overnight, plunging sharply before staging a determined rebound as the tug-of-war between bulls and bears intensified. The metal’s sharp intraday swing underscored…
Gold’s battle to reclaim the US $4,000 per ounce mark continues, as a mix of technical hesitation and shifting global sentiment keeps traders on edge. The metal’s recent pullback from…
Across global markets, gold has surged to astonishing levels this year. In Australia, the spot price for gold in AUD has crossed A$6,500 per ounce. But, suddenly, the market is…
Jamie Dimon, CEO of JPMorgan Chase — widely viewed as America’s largest bank and a bell-wether for the financial sector — issued a broad, and arguably chilling, warning about the state of…
Impressive Bounce as Selling Ebbs Just when it looked like gold’s rally might be faltering under profit-taking pressure, the yellow metal staged a sharp rebound — sending a clear message…
Gold prices remain resilient, with the precious metal trading at approximately USD 3,888 per troy ounce today. This level keeps bullion close to recent highs, underlining its role as both…