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Gold Dips Below US$5,000 After 14% Rally

Gold’s pullback below the US$5,000 level this week should not unsettle investors, according to eToro, which views the move as a natural consolidation within one of the strongest bull runs in recent years. “Gold’s dip below US$5,000 this week shouldn’t rattle investors. If anything, it’s a healthy pause in what remains one of the strongest […]
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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 participation increases and short-term sentiment becomes crowded,” said Zavier
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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 […]