US Markets The S&P 500 extended its strong rebound, rising 1.43% in yesterday’s session, while the Nasdaq gained 2%, supported by a renewed tech-led rally. Optimism around a potential Federal Reserve rate cut continues to support sentiment, with the index currently trading at $6,703 in
Gold
US Markets After experiencing a steep selloff last week, U.S. indices ended the week with a rebound late Friday. This momentum appears to have continued at the beginning of this week, triggered by renewed hopes of a December rate cut. New York Fed President, John Williams, highlighted growing risks to employment and diminishing upside risks […]
US Markets The S&P 500 slid in yesterday’s session, down 1.56%, closing at $6,538. The Nasdaq 100 also fell 2.38% in yesterday’s session. Nvidia’s strong Q3 results had at one point led the indices higher, with the S&P 500 up 1.9%, but the rally ultimately cooled as a broader downturn in stocks took place. The […]
Crude Oil WTI crude oil rose by 1.54% to 60.70 in yesterday’s session. In the early Asian session today, WTI is relatively flat around 60.64, holding firm despite the API reporting a 4.4 million-barrel build in U.S. crude inventories. Geopolitics continue to be a positive catalyst, as U.S. sanctions on Rosneft and Lukoil take effect […]
US Markets The S&P 500 fell 0.99% in yesterday’s session and is currently trading around $6,641, down another 0.55%. The Nasdaq also declined 0.99% yesterday and is now trading near $24,637, lower by 0.77%, as fear and caution continue to weigh on markets. A bright spot in the market was Alphabet, which rose 3.1% after […]
Crude Oil WTI closed 2.1% higher on Friday, amid renewed geopolitical tensions, heightening supply concerns. However, it has retreated 0.76% today as supply fears have eased since then. Last week, a Ukrainian strike on the Russian port of Novorossiysk caused damage and temporarily halted operations. However, two tankers were able to dock on Sunday, signaling […]
US Markets Yesterday’s session brought a sizeable risk-on rally, as indices rose following the Senate’s passage of legislation to end government shutdown. The S&P 500 was up +1.54%, while the Nasdaq surged higher by 2%. While the early trading today shows some modest weakness in the indices, this reflects profit-taking activity, rather than renewed risk
US Markets The SPX slipped 1.12% yesterday, while the NASDAQ fell 1.9%. Over the week, the SPX has declined 1.75%, as investors have grown cautious amid stretched valuations and an uncertain economic outlook. Markets remain tense as the government shutdown drags on, now marking the longest in U.S. history. The closure is costing roughly $15 […]
US Markets After a risk-averse week, markets saw a modest rebound yesterday, with the SPX up 0.37% and the NDX gaining 0.72%. Dip buyers stepped in, supported by upbeat U.S. economic data, giving the market some breathing room. From a fundamental view, the recovery remains fragile but supported. Tech majors like Amazon, Google, Tesla, […]
US Markets The SPX dropped 1.17% yesterday, marking its biggest decline since October 10. Since reaching its recent high on October 29, the index has fallen 2.18%. The selloff was mainly triggered by Palantir. Despite posting strong earnings, investors grew wary about its frothy valuations, as the stock trades around 217x forward P/E. Meanwhile, […]
US Markets The SPX posted a modest gain of 0.2% yesterday, mainly driven by the Mag 7 stocks. Amazon rose 4% after announcing a multi-year strategic partnership with OpenAI. However, the broader market ended in the red, with over 300 index members retreating. The NDX gained 0.5%. From a fundamental standpoint, the index continues to […]
The risk of correction in gold and silver has been steadily rising in recent days, though exceptionally strong pre-Diwali demand helped support prices. However, a very technical extended rally combined with renewed “risk-on” tone across stock markets, a firmer dollar and not least the start of Diwali—which typically signals softer physical demand from Asia—have made […]
Gold and silver ended last week on a softer note after notching fresh record highs earlier in the week. The setback came as risk appetite improved across broader markets, particularly in the United States where a brief flare-up in regional banking stress faded as quickly as it appeared. Gold reached a new milestone at USD […]
For the first time since bitcoin’s debut on this chart in 2011, it may finish the year neither at the top nor the bottom of the leaderboard, an anomaly that potentially suggests how the asset is maturing. Historically, bitcoin has defined the extremes of annual performance, swinging from surges of hundreds or thousands of percent, […]
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Gold surpassed $4,000 per ounce for the first time in history earlier this month, with prices rising over 50% compared to the same time last year. For the millions of Indian residents in the UAE preparing for Diwali celebrations, this creates an interesting tension between cultural devotion and financial pragmatism. Buying gold during Diwali isn’t […]
Gold’s breakout above USD 4,000 and silver’s return to levels unseen since 1980 have once again placed monetary debasement at the heart of the commodity narrative. The word, once confined to history books, has re-emerged in market vocabulary as faith in fiat currencies erodes under the weight of chronic deficits, politicised monetary policy, and falling […]
Dubai is marking this Diwali season with the ‘Shop, Scan & Strike Gold’ campaign, a retail initiative that brings together shopping, celebration, and community engagement. Running from October 13 to 26, the campaign invites shoppers to spend Dhs 200 or more at any of the seven participating malls for a chance to win up to […]
With gold at the heart of Diwali’s festive traditions, Dubai Gold Souk Extension is the ideal destination to mark the occasion, offering a wide selection of festive promotions and the chance to take home glittering prizes. From 10 to 26 October, customers who spend AED 500 or more at gold, jewellery and watch stores can […]
“Gold trades sharply lower after reaching another record high overnight. The nervously anticipated correction appears underway, triggered by end-of-month profit-taking and the onset of China’s Golden Week holiday, which typically removes a major source of physical demand from the market. The metal has rallied nearly 15% since Jackson Hole, supported by lower

















