Gold Faces Inflation Pressure as Oil Rebounds Ahead of US NFP Data
Gold Faces Inflation Pressure as Oil Rebounds Ahead of US NFP Data HG MARKETS: Gold prices came under pressure on Friday, declining around 1.1% to approximately $4,044 per ounce as rebounding oil prices renewed inflation concerns. Despite the decline, gold remained on track for its strongest weekly performance since late August, supported by earlier weakness […]
Investors Brace for Political Gridlock Amid Shifting Congressional Balance
Investors Brace for Political Gridlock Amid Shifting Congressional Balance HG MARKETS: Global equity markets fluctuated on Wednesday as investors assessed the potential impact of increased regulation, higher taxes and tighter oversight of sectors such as artificial intelligence (AI) following Democratic gains in the US midterm elections. With Democrats gaining control of both chambers of Congress, […]
Gold Rebounds as Oil Prices Retreat, While US Elections Drive Market Sentiment
Gold Rebounds as Oil Prices Retreat, While US Elections Drive Market Sentiment HG MARKETS: Gold prices recovered modestly at the start of the US midterm election week, trading near $3,900 per ounce after suffering a decline of more than 3% during the previous week. The rebound reflects easing pressure from energy markets and renewed investor […]
Oil Nears Six-Month High as Renewed US-Iran Conflict Fears Fuel Supply Concerns
Oil Nears Six-Month High as Renewed US-Iran Conflict Fears Fuel Supply Concerns HG MARKETS: Oil prices climbed to near six-month highs on Friday as growing concerns over a potential resumption of US military action against Iran dampened hopes of a diplomatic breakthrough and heightened fears of further disruptions to global energy supplies. Brent crude futures […]
Nasdaq Futures Rise on Chip Rally Ahead of Fed Decision and Earnings
Nasdaq Futures Rise on Chip Rally Ahead of Fed Decision and Earnings HG MARKETS: Nasdaq futures edged higher on Wednesday, supported by strong third-quarter earnings from South Korean memory-chip manufacturer SK Hynix, which triggered a global rally in AI-related semiconductor stocks. Investors also focused on upcoming earnings from major technology companies and the Federal Reserve’s […]
Platinum Prices Under Pressure as Market Sell-Off and Supply Surplus Weigh on Outlook
Platinum Prices Under Pressure as Market Sell-Off and Supply Surplus Weigh on Outlook HG MARKETS: Platinum prices have come under renewed pressure, with futures falling below $1,560 per ounce and reaching their lowest level since November 2025. On October 26, prices traded near $1,550 per ounce, reflecting persistent weakness across the precious metals market. The […]
Gold Holds Above $4,000 Near Three-Month Low as Fed Rate-Hike Bets and Strong Dollar Limit Gains
Gold Holds Above $4,000 Near Three-Month Low as Fed Rate-Hike Bets and Strong Dollar Limit Gains HG MARKETS: Gold remains under bearish pressure after falling below the $4,000 psychological level and touching a three-month low. Despite a modest recovery, the precious metal continues to struggle as a stronger US dollar and rising expectations of further […]
WTI Crude Oil Nears $99 as Gulf Supply Disruption Fears Intensify
WTI Crude Oil Nears $99 as Gulf Supply Disruption Fears Intensify HG MARKETS: WTI crude oil prices resumed their upward trend on Wednesday, rising nearly 1% and approaching $99 per barrel as concerns over potential supply disruptions in the Gulf region intensified. Oil prices gained support from increasing attacks on commercial vessels in the Strait […]
Soybeans Fall on Record Harvest Outlook
Soybeans Fall on Record Harvest Outlook HG MARKETS: Soybean futures declined to around $12.60 per bushel, reaching their lowest level in seven weeks as expectations of a potentially record US harvest outweighed renewed export demand from China. The market remains under pressure from improving crop availability and weaker domestic processing figures, although fresh export purchases […]
Fed Uncertainty Creates Fresh Opportunities in Gold Markets
Fed Uncertainty Creates Fresh Opportunities in Gold Markets HG MARKETS: Gold prices remain influenced by safe-haven demand, Federal Reserve interest-rate expectations, and movements in the US dollar. Market participants are closely monitoring US inflation data and Fed signals to assess whether monetary policy will remain restrictive. Uncertainty persists over the Fed’s next policy decision. US […]