Gold surges past $4,700 to fresh record highs as safe-haven demand intensifies
Gold (XAU/USD) extends its rally for a second consecutive session, breaking above the $4,700 level and printing a new all-time high during Tuesday’s Asian trading hours. Persistent geopolitical tensions from the prolonged Russia-Ukraine conflict continue to support safe-haven demand, outweighing easing civil unrest in Iran that has lowered the probability of direct US involvement. At […]
GBP/JPY rises toward 212.40 ahead of key UK jobs data
The GBP/JPY pair trades slightly higher around 212.45 during the Asian session on Tuesday, supported by broad weakness in the Japanese Yen (JPY). The Yen came under pressure after Japan’s Prime Minister, Sanae Takaichi, announced plans for a snap general election on Monday. PM Takaichi confirmed that the lower house of parliament will be dissolved […]