Gold Holds Drop With Dollar Outlook and Risk-Off Mood in Focus

Gold prices have seen a rebound as investors adopt a risk-off approach in the markets, with many looking ahead to the upcoming US payroll data for further insights.

Stocks have taken a significant hit as fears over stretched valuations continue to grip the markets. Investors are increasingly concerned about the sustainability of current prices amid economic uncertainties.

Oil prices have dipped as the broader market experiences a selloff, compounded by the strength of the dollar. This combination is putting pressure on oil, leading to concerns among investors about future price stability.

China's largest state-owned bank, ICBC, is set to open a precious metals depository at Hong Kong International Airport. This move is expected to enhance the bank's trading operations and support Hong Kong's goal of becoming a global gold hub.

Stocks have taken a downturn following a recent rally, while the dollar has reached a four-month high against the euro. This shift in the market has raised concerns among investors about future economic stability.

Gold prices have shown a slight increase, suggesting a potential technical recovery after a recent dip of 1.3% in front-month gold futures. This movement indicates a possible turnaround in the market.

Traders are showing a growing interest in US interest-rate futures as they bet on shifts between repo rates and the federal funds rate, especially amid ongoing money-market stress.

The dollar has strengthened amid concerns over potential rate cuts, while the pound has experienced a significant decline. Investors are turning to the dollar for safety, reflecting uncertainty in the market.

Naver has announced record earnings for the third quarter, driven by significant growth in its AI initiatives. This impressive performance highlights the company's successful strategy in leveraging artificial intelligence to enhance its services and boost revenue.

Gold prices have seen a rebound as investors adopt a risk-off approach in the markets, with many looking ahead to the upcoming US payroll data for further insights.

In a dramatic turn of events, New York City's elite have unleashed a barrage of tactics against Zohran Mamdani's mayoral campaign, employing money, insults, and even scare tactics to thwart his ambitions. The atmosphere is tense as fears of a 'Hot Commie Summer' loom over Wall Street.

The article discusses five key areas where debt is becoming a significant concern in the rapidly growing AI data centre sector. It highlights the challenges and risks associated with financing these facilities, as well as the potential impact on the industry.

China is looking to issue a $4 billion bond, with orders exceeding $65 billion, indicating strong investor interest and confidence in the market.

Toyota has raised its full-year operating profit outlook, thanks to increased volumes and effective cost-reduction efforts. This positive adjustment reflects the company's strong performance and strategic initiatives.