Silver traded around $47 per ounce on Tuesday and was set to advance almost 20% in September as safe-haven demand strengthened amid the risk of a US government shutdown. The standoff comes as President Donald Trump has made little progress in reaching a temporary spending deal with opponents, heightening market uncertainty. The US Labor Department…
Gold rose to another record, extending Monday’s surge as the prospect of a looming US government shutdown clouded the Federal Reserve’s monetary policy path ahead of next month’s interest-rate decision. Bullion gained as much as 0.9% to an all-time $3,867.25 an ounce, eclipsing the peak reached in the previous session when it closed up 2%. A…
Hong Kong stocks opened higher on Tuesday, following Wall Street’s rally, amid hopes of fresh stimulus after a report showed China’s manufacturing activity remained weak. The Hang Seng Index rose 0.4% to 26,736.44, while Hang Seng Tech added 1%. Technology and e-commerce stocks led the gains, with Alibaba surging nearly 2%, JD.com rising 0.8%, and…
Oil pushed lower for a second session as the market weighed a looming glut and the possibility for an end to hostilities in Gaza, which could siphon some of the war premium out of prices. West Texas Intermediate slipped toward $63 a barrel after tumbling 3.5% on Monday, the biggest drop since late June. Brent closed…
Japanese stocks closed lower on Tuesday (September 30) after minutes of the Bank of Japan (BOJ) meeting indicated the possibility of a future interest rate hike. The Nikkei 225 index fell 0.25%, or 111.12 points, to 44,932.63. The minutes of the September 18-19 meeting showed differing views among board members, with some supporting a rate…
