Gold & Silver Gold pulled back on Thursday, down around 0.7% to trade near $4,488 per ounce, as investors booked profits following Wednesday’s sharp 4%+ rally that took prices to $4,525.79, their highest level since June 2. The move came after a surprise announcement from the U.S.
Gold
An old macro signal in a changing world For decades, the relationship between copper and gold has been used as a shorthand indicator of the health of the global economy. Copper represents growth, construction, manufacturing and investment, while gold represents safety, monetary uncertainty and demand for a store of value. The traditional interpretation is […]
Gold Gains on Fed Easing Bets While Hormuz Risks Keep Oil Elevated – Comments from Century Financial
Gold & Silver Gold is trading 0.55% higher at $4,401 per ounce this morning, rebounding after Thursday’s 1.3% decline as weaker-than-expected US retail sales reinforced expectations for a more accommodative Federal Reserve. Softer economic data has pushed Treasury yields lower and weighed on the dollar, strengthening the macro backdrop for non-yielding assets such as
U.S. Markets U.S. equities remain firmly bullish, with the S&P 500 hitting a fresh all-time high of $7,816 yesterday. The index is trading around $7,800 in early trading today. Tech and communication services led gains, while the Nasdaq and S&P 500 remain on track for a third consecutive weekly advance. The rally continues to be […]
US Equities Hold Gains as Softer CPI Eases Fed Tightening Concerns – Comments from Century Financial
U.S. Markets U.S. equities remain supported after July CPI broadly matched expectations, easing concerns around inflation and near-term Fed policy. The S&P 500 closed 0.2% higher yesterday and is trading near $7,756 (+0.15%) today, while the Nasdaq 100 climbed 0.56% and is up 0.28% in early trading today. July CPI rose 0.1% MoM and 3.4% […]
Precious metals regain their footing The most notable development across precious metals is not the strength of last week’s rebound, but the sell-off that failed to materialise beforehand when gold repeatedly resisted selling attempts below USD 4,000, while silver found buyers below USD 57. This resilience came despite several headwinds that had weighed heavily on
U.S. Markets The SPX index is trading at $7,753 today and remains relatively flat, with the Nasdaq 100 trading at $29,660, as investors weigh easing hopes around the Strait of Hormuz against renewed uncertainty over U.S.-Iran negotiations. Brent crude remains elevated near $90 after climbing almost 4% yesterday, keeping pressure on equities and raising inflation […]
Gold and Silver Gold and silver are trading higher today, with gold up 0.35% and silver up around 1% at the time of writing. Gold is holding above the $4,300 level after gaining around 7% last week, its strongest weekly performance since January. The move continues to be supported by softer US labor-market data, which […]
Nick Spencer-Skeen, Senior Executive Officer, Lunaro Markets Limited Friday Closing Prices S&P 500 7,757 (+0.62%) Nasdaq 26,691 (+1.30%) Gold $4,342 (+2.39%) Brent Crude Oil $82.37 (-0.87%) Global equities pushed to record highs last week, although the path there was anything but smooth. The S&P 500 closed at a fresh record, the Dow briefly […]
US Markets US equity indices consolidated yesterday as the AI and tech rally took a breather. SPX was down 0.3%, closing around $7,700. In today’s session, SPX appears to be trading flat as investors await the July jobs report. The outlook for today is mildly bullish, driven by resilient earnings. In corporate news, Airbnb jumped […]
US Markets US equity indices were mixed yesterday following a temporary cooldown in the AI rally. SPX was down 0.2%, closing around $7,730. In today’s session, SPX appears to be trading marginally higher around $7,740. The outlook for today is moderately bullish. Healthcare stocks performed well yesterday as Eli Lilly reported strong results. Surging demand […]
US Markets US equity indices closed higher yesterday as earnings momentum continues. SPX rose 1.8% to $7,750, a new record, and NDX jumped 3%. In today’s session, both indices are marginally higher, with SPX trading around $7,770. The outlook for today is bullish. Strong earnings results from Palantir and Caterpillar helped pull stock indexes higher. […]
US Markets US equity indices closed higher yesterday, with MAG7 leading the charge. SPX rose 1.7% to $7,610, testing its all-time highs, and NDX jumped 2.3%. In today’s session, both indices are marginally higher, with SPX hitting a fresh record of $7,620. The outlook for today is bullish. Magnificent Seven tech stocks were on quite […]
US Markets US equity indices closed last week in gains, despite volatility. SPX rose 0.90% as breadth widened, and NDX was little changed. In today’s session, indices jumped higher as oil prices retreated amid hopes of a US-Iran deal. The SPX is up 0.8% above $7,500. The outlook for today is bullish. July was a […]
UAE equities delivered a mixed performance this week as investors weighed the country’s resilient economic backdrop against lingering global macro uncertainty. Sentiment remained broadly constructive, supported by confidence in the domestic economy and anticipation of the upcoming earnings season. At the same time, investors became more selective, favouring
Gold and Silver Gold has resumed its downtrend in today’s session, after edging up slightly higher in yesterday’s session as Trump announced a halt on the Iran attacks. It is trading at $4,050 and is down almost 0.6%. Inflation concerns still persist, as WTI oil stands at $81.60, nearly 15% higher than last month, overshadowing […]
Gold and Silver In today’s session, metal prices increased by nearly 1% following the United States’ cessation of a two-week strike against Iran. Meanwhile, the Islamic Republic indicated it would refrain from retaliatory action and engaged in discussions with Oman to address the critical matter of shipping through the Strait of Hormuz. However, the metal […]
Gold & Silver Gold is holding firm near $4,125 in Asian trading today after gaining around 3% over the previous two sessions, as dip-buying and short covering helped the metal recover from recent lows. A softer US dollar is also providing some support, although rising Treasury yields are limiting further upside.Middle East tensions remain elevated, […]
Gold continues to search for direction following a sharp correction since January, with recent price action increasingly reflecting the market’s struggle to determine whether inflation or slowing economic growth, combined with a returning focus on fiscal debt concerns and currency debasement, will become the dominant macro theme during the second half of the year.
Conventional market wisdom suggests that heightened geopolitical uncertainty should lift precious metals. Yet the opposite has unfolded. Despite renewed global tensions, both gold and silver remain under sustained bearish pressure, with gold trading around 29% below its yearly high and silver down by nearly 50%. The disconnect reflects the dominance of macroeconomic













