Home Posts tagged Gold (Page 6)

Gold

NEWS DESK

Commodities Mixed: Crude Slips, Gold Holds Firm as Fed Bets Shift: Comments from Vijay Valecha , CIO – Century Financial

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 […]
NEWS DESK

Oil Retreats as Supply Fears Ease; Gold Extends Decline on Fed Caution – Comments from Vijay Valecha , CIO – Century Financial

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 […]
NEWS DESK

Gold Hits 3-Week High ; Equities Rally on Shutdown Optimism – Comments from Vijay Valecha , CIO – Century Financial

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
NEWS DESK

Oil Slips Again as Supply Fears Grow; Gold Holds Near Key Range – Comments from Vijay Valecha , CIO – Century Financial

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 […]
NEWS DESK

Oil Slips on Rising U.S. Stockpiles; Gold Steadies Ahead of Fed Cues – Comments from Vijay Valecha , CIO – Century Financial

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, […]
NEWS DESK

Gold Holds Steady, Oil Slips as Market Volatility Returns – Comments from Vijay Valecha , CIO – Century Financial Services

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, […]
NEWS DESK

Gold steadies above $4,000 as investors weigh China policy and Fed signals – Comments from Vijay Valecha, CIO – Century Financial

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 […]
NEWS DESK

Commodities weekly: Debasement fears the latest focus fuelling demand for gold and silver – Saxo Bank

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 […]
NEWS DESK

Gold trades sharply lower after reaching another record high overnight – Comments from Ole Hansen, Saxo Bank

“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