Gold Edges Higher on Possible Technical Recovery

US oil futures have taken a hit following a surprising increase in weekly crude stocks reported by the API. This unexpected rise has raised concerns among investors, leading to a decline in oil prices.

U.S. natural gas prices have continued their upward trend, overcoming initial losses as midday weather forecasts indicate increased demand for the upcoming week.

U.S. natural gas prices have continued their upward trend, overcoming initial losses as midday weather forecasts indicate increased demand for the upcoming week.

Oil futures have settled lower as the market reacts to OPEC+'s decision to increase output in December while pausing further increases for the first quarter of next year.

Gold futures have dropped below the $4,000 per troy ounce mark, prompting analysts to describe this decline as a 'correction.' This downturn has raised concerns among investors about the stability of the gold market.

David Dziekanski, CEO of Quantify Funds, discusses the 'debasement trade' and highlights how Bitcoin and gold may perform better as the dollar weakens.

Deutsche Bank has stated that the recent reform of China's gold VAT is unlikely to significantly affect demand for gold. The bank's analysis suggests that while changes in tax policy can influence market dynamics, the overall impact on gold consumption in China will be minimal.

Gold prices have taken a hit recently due to a stronger dollar and ongoing uncertainty surrounding the Federal Reserve's policies. Investors are feeling the pressure as these factors contribute to a decline in the precious metal's value.

In the morning Tokyo session, Japanese Government Bonds (JGBs) saw a slight increase, following the positive price movements in U.S. Treasurys from the previous night.

Ads for LED masks claiming to treat acne and rosacea have been banned due to regulations. The authorities emphasize that cosmetic devices must be registered and cannot make medical claims.

Perpetual, an Australian investment manager, is currently in discussions with Bain Capital regarding the potential sale of its wealth management unit. This move could mark a significant shift in the financial landscape.

Perpetual, an Australian investment manager, is currently in discussions with Bain Capital regarding the potential sale of its wealth management unit. This move could mark a significant shift in the financial landscape.

Spectrum is facing ongoing challenges in retaining its customers, raising concerns about the reasons behind this issue.

A recent report highlights that addressing Britain's worklessness crisis, driven by health issues, will cost employers £6 billion annually. Charlie Mayfield emphasizes the need for businesses to take a more active role in supporting their employees as the country prepares for the upcoming budget.