Gold

NEWS DESK

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

News Desk 07/11/2025

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

NEWS DESK

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

News Desk 06/11/2025

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

News Desk 05/11/2025

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

News Desk 04/11/2025

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

Gold and silver correction to test the market’s true strength – Saxo Bank

PR News Desk 22/10/2025

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 […]

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Commodities Report: Precious metals pause after record highs – Saxo Bank

PR News Desk 20/10/2025

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 […]

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The year of gold: is bitcoin’s explosive growth era over?

PR News Desk 20/10/2025

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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Markets on Edge: Banks Rally, Tech Stumbles, and Gold Shines – Saxo Bank

PR News Desk 16/10/2025

Macro headlines Commodities Equities Currencies Digital Assets Fixed Income Volatility

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Gold Soars 50% in a Year; Diwali Buyers in Dubai Get Smart

PR News Desk 16/10/2025

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 […]

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

PR News Desk 10/10/2025

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 […]

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Festival of Lights Shines Bright in Dubai: Shop, Scan & Strike Gold!

PR News Desk 09/10/2025

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 […]

NEWS DESK

Shop, Celebrate, and Win Gold This Diwaliat Dubai Gold Souk Extension

PR News Desk 03/10/2025

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 […]

NEWS DESK

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

PR News Desk 30/09/2025

“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

NEWS DESK

Gold’s surged to a fresh record high : Comments from Century Financial

PR News Desk 23/09/2025

Crude oil prices are under pressure, trading 0.61% lower at $62.30 in today’s session after forming a Doji candlestick pattern in the previous session, signaling market indecision. Downside sentiment was reinforced by news that Iraq, the Kurdistan Regional Government, and international oil companies have reached an agreement to resume crude exports via the pipeline to […]

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In-demand gold and silver brace for Fed decision – Saxo Bank

PR News Desk 17/09/2025

The Federal Reserve’s policy decision today carries significant weight for the precious metals markets, with both gold and silver having rallied strongly over the past six weeks as softer labor market data, and Fed Chair Powell’s pivot at Jackson Hole revived expectations for a resumption of the rate cutting cycle. After being paused in December […]

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Gold surged to yet another record high of $3,690 on Tuesday : Comments from Century Financial

PR News Desk 16/09/2025

Oil rose by 1% in yesterday’s session after investors tracked a supply disruption from Russia after Ukrainian drone attacks on its refineries. According to the estimates from Goldman Sachs, Russia’s refining capacity reduced by 300k barrels per day in August and so far in September due to drone attacks. In today’s session, the commodity has […]

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COT report: Nearly half of managed money’s commodity exposure now in gold – Saxo Bank

PR News Desk 08/09/2025

Commodities The Bloomberg Commodity Index (BCOM) extended its rally, rising 2.5% in the latest reporting week. Gains in energy and precious metals supported fresh buying and short covering, while agriculture broadly struggled—corn being the notable exception. Managed money accounts responded by adding length across all energy and metal contracts, while fresh short selling

NEWS DESK

Gold breaks to record as investors seek alternatives in a fractured world – Saxo Bank

PR News Desk 03/09/2025

Gold has surged to a fresh record high at USD 3,547 per ounce, extending an already strong year that has seen the yellow metal gain 34% year to date. Silver has provided further support to the sector, trading above USD 40 for the first time in 14 years, leaving it up 41% year to date. […]

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Gold Hits Record $3,508.90 as Fed Cut Bets Rise, Oil Gains on Supply Risks – Comments from Century Financial

PR News Desk 02/09/2025

Following a 0.84% increase yesterday, gold reached a record high of $3,508.90 in early trading today, as expectations of Federal Reserve rate cuts and rising concerns over the central bank’s independence fueled the multi-year rally in precious metals. ETFs added 104,284 ounces of gold to their holdings in the last trading session, bringing this year’s […]

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Silver powers past USD 40 to 14-year highs – Saxo Bank

PR News Desk 01/09/2025

Silver has climbed above USD 40 an ounce to its highest level in 14 years, extending a rally that has already delivered a 37.5% year-to-date gain. Gold is up 31% over the same period, but silver’s outperformance reflects its dual role as both an investment and industrial metal. The latest advance is not the start […]