Gold prices weakened in Thursday’s Asian session, falling slightly below $4,350/oz. This movement was largely driven by profit-taking after gold had reached high levels in recent weeks, coupled with a strengthening US dollar. The strengthening dollar makes gold less attractive in the very short term, as it is priced in USD. When the USD rises,…
The Nikkei 225 index weakened slightly by 0.1% to 49,336.22 after losing early gains. This decline followed declines in most US stock markets in the previous session, prompting Japanese investors to remain cautious. US employment data released Tuesday provided mixed signals for the market. According to the Sucden Financial research team, investors are reluctant to…
Oil prices held steady after closing at their lowest level since 2021 on Tuesday. Pressure stemmed from increasingly clear signs of oversupply in the global market, keeping market participants cautious. West Texas Intermediate (WTI) crude oil traded near US$55 per barrel after plunging nearly 6% in the last four sessions. Meanwhile, Brent was just below…
Silver prices moved steadily with a downward trend as investors weighed weak US employment data. The data was not strong enough to fuel speculation of further interest rate cuts by the Federal Reserve, so buying interest in the precious metal remained limited. The lower number of US jobs added and the rising unemployment rate indicate…
Gold prices rose again and approached a record high, as investors awaited Thursday’s US inflation data and monitored the escalating situation in Venezuela. At the same time, silver also surged and hit a new high, extending its strong rally. Spot gold rose above $4,325/oz, rebounding after a slight decline in the previous session that broke…
The Japanese stock market opened lower after sentiment in technology stocks, particularly semiconductors, worsened. The trigger came from Broadcom’s disappointing sales outlook, coupled with reports that Oracle was delaying the completion of several data centers—aggravating market concerns about the magnitude of AI investments and the timing of their return. As a result, the Nikkei 225…
