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Silver Drops Nearly 5% as Gold Pulls Back

Gold and silver prices have cooled in recent days following a strong rally, a move that reflects stretched positioning rather than a deterioration in the broader outlook, according to eToro. “After sharp rallies, periods of profit-taking and consolidation are normal, particularly when retail
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US Stocks at Record Ahead of Fed; Dollar Pressured, Gold Extends Rally – Daily Market comments from Century Financial

US Markets  SPX is trading at $7,000 in the early Asian trading session today, at an all-time high, signalling bullish momentum even with a potential US government shutdown, fresh tariff threats toward Canada, and lingering disruption from a winter storm. The market has absorbed the news without much stress, suggesting confidence remains intact. Technology is […]
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Markets Mixed Ahead of Fed: Equities Hold Near Highs, Dollar Pressured, Metals Surge : Comments from Vijay Valecha , CIO – Century Financial

US Markets  The SPX Index is up by about 0.355 today and is currently at $6,967. From a fundamental stance, the US market gained strength from the higher-than-expected Durable Goods Orders, which suggested strong consumption. Durable Goods Order MoM rose 5.3% in November against the 3.1% consensus. Consequently, the Dallas Fed Manufacturing Index improved from […]
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US Stocks Steady Ahead of Fed; Dollar Slides, Oil Holds, Gold and Silver Hit Records : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US equity markets closed relatively flat on Friday, with the SPX index falling 0.04% and the NDX index rising 0.25%. Although both indices opened with a gap down on Monday, the Asian session erased losses, with the SPX trading 0.06% higher and the NDX trading 0.03% higher. The markets initially reacted to Trump’s […]
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Global Markets: US Stocks Extend Rebound; Dollar Firms, Oil Steadies, Gold Hits Record : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US equity markets continued their reversal on Thursday, with the SPX index rising 0.34% and the NDX index rising 0.49% by close. Both indices are continuing their rise during Friday’s Asian session, rising 0.27% and 0.32%, respectively. The rebound was fueled by a series of upbeat macroeconomic data releases yesterday. US Q3 GDP […]
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US Equities Rebound After Tariff U-Turn; Oil Gains, Gold Near Record Highs : Comments from Vijay Valecha , CIO – Century Financial

US Markets  The US equity markets witnessed a sharp rebound on Wednesday, with the SPX index jumping back above $6,900 intraday and closing 1.15% higher, while the NDX index closed 1.46% higher. Markets traded relatively flat during the Asian session on Thursday, with both indices trading just slightly higher. The recovery came after US President […]
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Gold Price Rally Supports Significant Growth in BingX’s Traditional Finance Trading, Reaching AED 3.67 Billion

BingX, a leading crypto exchange and Web3-AI company, today announced a remarkable milestone for its TradFi offerings, achieving a 24-hour trading volume exceeding AED 3.67 billion. Among this total, BingX TradFi Gold contributed over AED 1.86 billion, showcasing strong user interest and active engagement.   Since launching BingX TradFi,  an integrated feature that
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Risk-Off Sweeps Markets: US Stocks Fall, Oil Firms, Gold at Record Highs : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US equity markets witnessed a sharp selloff on Tuesday, with the SPX index closing 1.09% lower and briefly falling below the $6,800 level intraday, marking its worst day since mid-December. The NDX index followed suit, closing 0.97% lower. The decline appears to be limited during the Asian session on Wednesday, with both indices […]
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Markets Steady Near Records as Inflation Cools; Gold Rallies on Haven Demand : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US markets remain resilient, with the SPX trading near all-time highs at $6,950 in the early Asian session today. Yesterday, the index was marginally down by 0.2% amid pressure on financials. CPI data yesterday was in line with expectations, yet it showed inflation remains a mixed story. Food prices rose at the fastest […]
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Equities Consolidate Near Highs as Gold Holds Firm and Oil Trades Steady : Comments from Vijay Valecha , CIO – Century Financial

US Markets  US equities are flat in the early Asian trading session today, after closing at a record high level of $6,977 yesterday, as the index was supported by broadening market leadership. SPX continues to trade with a constructive tone as investors remain focused on earnings, liquidity, and a supportive macro backdrop, while largely looking […]
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US Stocks Ease After Record High; Gold Hits Fresh Peak as Dollar Slips : Comments from Vijay Valecha , CIO – Century Financial

US Markets  SPX rose by 1.5% last week, reaching an all-time high close at $6,966. This morning, during the Asian trading session, SPX is down 0.56%. Last week’s softer December non-farm payrolls print reinforced the soft-landing narrative rather than raising recession concerns. The unemployment rate eased to 4.4%. Markets are now pricing in almost a […]
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US Stocks Trade Flat After Rally; Gold Softens and Oil Slides on Oversupply Fears : Comments from Vijay Valecha , CIO – Century Financial

U.S. Markets  U.S. stocks traded flat on Wednesday following the strong performance in the previous day, during which the S&P 500 reached an all-time high, rising 0.62%, while the Nasdaq was higher by 0.65%. Tuesday’s sector leadership in materials, health care, industrials, and semiconductors underscores the coexistence of two different dynamics, the short-term
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Gold Near Record Levels as S&P Breaks Out, Oil Caps Gains Amid Oversupply Risks : Comments from Vijay Valecha , CIO – Century Financial

Gold and Silver   Gold and Silver remain bullish for the fourth consecutive session gaining 0.14% and 0.19% so far today supported by the Fed’s recent rate cut. Prices of gold were hovering around $4,285 per ounce, after it appreciated by 1.2 percent on Thursday. While silver is trading just below $64, after jumping 3.08%. […]