Gold Hits Record $5,000, Analysts Eye $5,500 Peak
Gold prices have surged past $5,000 an ounce, setting a new record. Analysts attribute this to global uncertainties, central bank buying, and forecast potential peaks of $5,500 later this year.
Gold prices have surged past $5,000 an ounce, setting a new record. Analysts attribute this to global uncertainties, central bank buying, and forecast potential peaks of $5,500 later this year.
Gold prices have surged to an unprecedented high, breaking through the $5,000 per ounce barrier as investors seek safe havens during global political and economic turmoil.
Gold prices have surged to an all-time high of $5,000 per ounce, driven by escalating political and economic uncertainty during the Trump administration.
Asian stock markets mostly declined on Monday, with Japan's Nikkei 225 dropping sharply as the yen strengthened against the U.S. dollar, impacting major exporters. Other regional indices showed mixed movements amid ongoing trade policy uncertainties.
The FTSE 100 closed slightly lower on Friday, ending a volatile week, despite a trio of encouraging UK economic indicators showing rising retail sales, improved consumer confidence, and accelerating business activity in January.
European shares declined on Friday, ending a five-week winning streak after President Trump's threats to impose tariffs on eight European countries over Greenland access unsettled markets.
Asian shares and US futures advanced modestly on Friday after the Bank of Japan kept its key interest rate unchanged, while US stocks extended gains following a volatile week.
The Australian dollar has defied expectations with a strong rally since Trump's inauguration, driven by 'sell America' sentiment, commodity strength, and interest rate divergence.
The FTSE 100 closed slightly higher on Thursday, gaining 0.1% after US President Donald Trump withdrew tariff threats over Greenland. The index underperformed European peers amid weakness in mining, energy, and defence stocks.
French President Emmanuel Macron's £575 aviator sunglasses caused shares of manufacturer iVision Tech to soar nearly 28% after his Davos appearance went viral, adding £3.1m to market value.
European stock markets rose sharply after Donald Trump cancelled planned tariffs on eight European countries, sparking a relief rally analysts dub the 'Taco' trade.
London's FTSE 100 index climbed around 0.75% in early trading, joining a global stock market rebound after Donald Trump removed tariff threats linked to Greenland.
European stock markets including the FTSE 100, DAX, and CAC 40 climbed significantly after Donald Trump indicated a retreat from imposing new tariffs on NATO countries.
Asian stock markets advanced significantly, tracking strong Wall Street gains, after President Trump reversed threats of tariffs on eight European nations over Greenland and ruled out military action.
Australian shares surged after US President Donald Trump withdrew tariff threats against European allies, easing geopolitical tensions and boosting global markets.
Donald Trump indicates he has likely chosen a successor to Fed Chair Jerome Powell, criticising interest rate policies and a renovation probe complicating nominations.
Donald Trump reveals he has narrowed his choice to replace Federal Reserve Chair Jerome Powell to one person but refuses to identify the candidate during Davos interview.
Global markets rebounded sharply after President Donald Trump reversed his tariff threat against Europe over Greenland, calming investor fears of a renewed trade conflict and sparking a major relief rally.
The FTSE 100 closed higher after President Trump said he wouldn't use force to take Greenland. UK inflation unexpectedly rose in December, but analysts call it a temporary blip.
Gold reaches a new peak of $4,900 per ounce as investors flock to safe havens due to market volatility from Trump's Greenland pursuit and tariff threats.
Gold prices surge to $4,900 per ounce as investors seek safety from market volatility triggered by Trump's tariff threats and Greenland ambitions, with silver also rallying strongly.
Asian shares extend losses while gold prices surge past $4,800 as President Trump's tariff threats against Greenland and European allies create market uncertainty ahead of Davos speech.
Australia's share market extends losses as US President Donald Trump's threats over Greenland weigh on global investor sentiment, with banks and IT stocks under pressure.
Experts warn that if Donald Trump gains control over the US Federal Reserve, the RBA may be compelled to slash interest rates to counter a surging Australian dollar, risking inflation.
European and US stocks tumbled sharply as Donald Trump's tariff threats over Greenland and a sell-off in Japanese bonds rattled investors. The FTSE 100 dropped 0.7%, with tensions escalating ahead of Trump's Davos address.
Global stock markets experienced sharp declines after Donald Trump renewed threats to acquire Greenland and impose tariffs on uncooperative allies, sending investors toward safe havens.
Wall Street braced for sharp losses as Donald Trump's escalated push to acquire Greenland and new tariff threats rattled global markets, with futures signalling the S&P 500's worst day in two months.
Stock markets across Europe and the US have declined sharply as Donald Trump intensifies his push for US control of Greenland, threatening tariffs on European nations and French wines.
The pound has recorded its strongest two-day gain since December as investors flee the US dollar following Donald Trump's tariff threats over Greenland. Sterling climbed 0.8% while the euro outperformed, reaching its highest level since November.
Bank of England Governor Andrew Bailey tells MPs the central bank must stay vigilant as Trump's Greenland threats and tariffs create geopolitical uncertainty, though market reactions have been muted.