By Antonio Di Giacomo, Senior Market Analyst at XS.com Gold once again solidly surpassed $4,200 per ounce, driven by the weakness of the U.S. dollar and the decline in Treasury yields. This advance comes amid renewed demand for safe-haven assets and a macroeconomic backdrop that favors the precious metal, following…
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EURUSD Rebounds As The USD Weakens, But Its Medium-Term Outlook Still Faces Significant Challenges
By Linh Tran, Market Analyst at XS.com EURUSD continues to maintain its recovery momentum as the USD weakens after expectations that the Fed will begin its rate-cutting cycle are reinforced, while the macro environment in Europe shows signs of stabilizing but remains far from solid. The current movement reflects a…
Continue ReadingSilver’s 10% surge in a week is still rooted in genuine physical tightness rather than a broad macro driven demand shift
By Ahmad Assiri, Research Strategist at Pepperstone Silver’s 10% surge in a week is still rooted in genuine physical tightness rather than a broad macro driven demand shift. The squeeze we saw in October created a meaningful imbalance in the market and that stress didn’t fully eased through November. We…
Continue ReadingGold Slips Again Despite Stronger Rate-Cut Odds and Softer Labor Signals
By Samer Hasn, Senior Market Analyst at XS.com Gold declined for a third consecutive session, struggling once again to break through the $ 4200 / Oz level. The difficulty is partly tied to the nature of the current macro development and Treasury market sentiment. According to the CME FedWatch Tool,…
Continue ReadingGJC Requests Formation of Gujarat State Level Vigilance Committee to Safeguard Jewellers’ Interes
Ahmedabad, Dec 04: The All India Gem and Jewellery Domestic Council (GJC) today announced that it has formally requested the Government of Gujarat to establish a State Level Vigilance Committee dedicated to protecting the interests of jewellers across the state. A high-level delegation from GJC, led by Chairman Rajesh Rokde, Vice Chairman…
Continue ReadingHyFun Foods Champions Sustainable, Soil-Driven Farming on World Soil Day
Mumbai, Dec 04: HyFun Foods is one of India’s leading frozen food manufacturers, built on a robust seed-to-shelf model that ensures quality, consistency, and traceability. As the country’s largest processor of processing-grade potatoes, HyFun combines advanced agronomy, efficient value chains, and world-class manufacturing to deliver premium frozen snacks to consumers…
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S&P 500 Outlook: Positive Signals but Underlying Risks Remain
Written by Linh Tran, Market Analyst at XS.com The S&P 500 entered December in a state of choppy trading around the 6,850 zone, following a strong upward move primarily driven by the technology sector and expectations that the Fed is preparing to enter a rate-cutting cycle. Although the index has risen…
Continue ReadingGold Holds Above USD 4,200, Traders Await Key US Data
By Bas Kooijman, CEO and Asset Manager of DHF Capital S.A Gold was trading in a range today, hovering just above the USD 4,200 level. The metal could consolidate after its rebound during the last few weeks. While it remains below its all-time high in October, gold could remain in…
Continue ReadingMirae Asset Securities India Reinforces People First Philosophy While Announcing 2030 Expansion Goals
Mumbai, Dec 3: Mirae Asset Securities India, brand identity for (Mirae Asset Capital Markets and Mirae Asset Sharekhan) marked the first anniversary of the acquisition of Sharekhan with a strategic leadership meet and a recognition ceremony honouring employees with 25+ years of service. The milestone commemorates one year since November…
Continue ReadingDecember seasonality, an almost-certain rate cut and Saudi Fiscal Budget
By Ahmad Assiri, Research Strategist at Pepperstone Markets are trading this week against a backdrop shaped by a blend of seasonal optimism in US equities and continued market conviction that the Fed is heading toward a near certain rate cut next week. A deviation from this path would be a…
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