As the UAE prepares to celebrate Dhanteras and Diwali, gold is once again taking centre stage, driven by its cultural significance and continued relevance in investment portfolios. With global gold prices responding to economic uncertainty, currency movements and shifting interest rate
Gold
U.S. Markets U.S. stocks traded lower on Thursday, as the post-election rally gave way to renewed weakness in chip stocks. S&P 500 were down 0.3%, and the Nasdaq 100 fell 1.17%. On Wednesday, as Democrats won control of both chambers of Congress and oil prices tumbled. The S&P 500 added 1.66% to 7,704, while the […]
Oil Slides on US-Iran Peace Hopes as Gold and Silver Face Pressure – Comments from Century Financial
U.S. Markets Overview:Â U.S. stocks edged lower on Tuesday as investors prepared for the midterm elections and assessed mixed corporate earnings. Both the S&P 500 and Nasdaq 100 declined approximately 0.40%, with the S&P 500 touching 7,527 and the Nasdaq 100 reaching 27,975. Drivers:Â Voters head to the polls to decide control of both chambers of […]
Crude Oil Oil retreated almost 2% in today’s session, pulling back from multi-week highs as investors weighed reports of ongoing diplomatic efforts to end the Middle East conflict against fears of renewed US military action against Iran. Qatari and Iranian officials continued their discussions for a third consecutive day, seeking an agreement to end the […]
US Markets The S&P 500 Index closed higher for a third day on Wednesday as solid earnings from SpaceX and Super Micro Computer Inc. bolstered bullish views of the artificial-intelligence trade. The  index advanced 0.6%, Nasdaq 100 Index gained 1.1% and the Philadelphia Semiconductor Index, known as the SOX, added 2.0%. Meta released blockbuster earnings […]
US Markets The S&P 500 Index erased early-session losses to close higher on Tuesday as big banks and healthcare companies rallied. The Nasdaq 100 Index ended the day with a slight decline after South Korean neocloud company Elice Inc. tanked in its trading debut, spurring concern about the sustainability of the global AI boom. The […]
A flat commodity index conceals growing market divisions The Bloomberg Commodity Total Return Index heads for a marginal weekly decline of 0.1%, leaving it up 1.6% month-to-date and nearly 35% year-to-date. Beneath the calm headline performance, some divergence has emerged, with strength in energy and soft commodities offsetting losses across metals and grains. The mixed
A dramatic reversal in Treasuries raises new questions Wednesday’s market gyrations following a hotter-than-expected US inflation report highlighted a potentially important shift in investor sentiment, with implications extending well beyond the bond market. While gold recovered from its initial sell-off as Treasury yields reversed sharply lower, technology stocks
Crude Oil WTI fell 1.2% toward $94.8 per barrel while Brent is down around 2% to 106.2 on Thursday. This likely reflects a technical correction and profit-taking after five consecutive sessions of gains.Investors also assessed reports that the US is considering relaxing sanctions on so-called shadow fleet vessels that have transported oil and petroleum products […]
The market narrative has shifted again. Earlier in the year, crude oil was the dominant macroeconomic risk, lifting inflation expectations and putting pressure on global equity valuations. Now, oil has retreated more than 10% from its September highs, but investors have been handed another challenge: US Treasury yields have climbed to levels last seen in […]
US Markets The SPX Index is up 0.29% and is currently at $7,790. From a fundamental standpoint, the SPX Index climbed after more details emerged about OpenAI’s estimated revenue, suggesting Wall Street technology shares’ weakness may be contained. OpenAI expects to reach or exceed $70 billion in annualised revenue by year-end, driven largely by growth […]
Gold continues to attract buyers despite facing some of its strongest macroeconomic headwinds in years. Over the past month, a sharp rebound in the dollar, surging government bond yields and a corresponding rise in real yields have increased the opportunity cost of holding the non-yielding metal. Yet, while short-term traders have responded by reducing exposure, […]
US Markets The SPX Index is down 0.30% today and is currently trading at $7,775. From a fundamental standpoint, the SPX Index slid in the early session after a report surfaced that President Donald Trump could order strikes on Iran before the midterm elections. That pulled the timeline forward from a report last week suggesting […]
U.S Markets US equities continue to show a constructive setup, with the Nasdaq reaching a fresh intraday high of 30,876 before closing at 30,560, up 0.20%. At the time of writing, the index is currently trading 0.24% higher at 30,634, while the S&P 500 is up 0.33% at 7,690. A key macro tailwind is the […]
U.S Markets The S&P 500 trades near $7,657 and the Nasdaq 100 near $30,596, both pulling back despite Micron’s blowout results and Alphabet’s Gemini 4 Argon rollout, as the rally shows signs of narrowing rather than broadening. Micron’s revenue beat ($54.23bn vs $51.49bn est.) and strong guidance failed to trigger a sustained follow-through, with
U.S Markets The S&P 500 trades near $7,693, holding steady after slipping 0.2% Tuesday as US consumer confidence hit a 12-year low, while the tech-heavy Nasdaq 100 outperformed, up 0.2% to $30,412. Oil sold off sharply, logging its largest one-day decline in over a week on news that Saudi Arabia is restoring flows along its […]
U.S Markets The S&P 500 trades near $7,679 and the Nasdaq 100 near $30,326, both holding steady after finding support and stabilising following the recent pullback. Rising Treasury yields, $100+ oil and a firmer dollar remain the key macro overhang, but AI-linked megacaps continue to absorb much of that stress, keeping the index resilient near […]
In our latest precious metal update, we wrote that Gold faces a bond-market stress test as yields continue to rise. How much longer can the divergence between gold investment demand and US real yields continue? Today’s price action suggests the relationship is facing an increasingly severe test. Gold trades around USD 4,150, down 3.2%, after […]
Nick Spencer-Skeen, Senior Executive Officer, Lunaro Markets Limited Friday Closing Prices S&P 500 7,743 (+0.51%) Nasdaq 27,069 (+0.48%) Gold $4,285 (+0.26%) Brent Crude Oil $104.32 (-2.43%) Hawkish central-bank rhetoric dominated markets last week, pushing global bond yields higher and reinforcing expectations that restrictive policy may need to remain in place for
US Markets The S&P 500 finished nearly flat and edged down around 0.15% following several turns between losses and gains. Stocks have slowed their rally since the S&P 500 climbed to the brink of its all-time high earlier this week as pressure from the bond market has cranked higher. The yield on the 10-year Treasury […]















