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Economic News

Gold Hits Fresh Record High as Safe-Haven Demand Soars

Gold Hits Fresh Record High as Safe-Haven Demand Soars

Gold (XAU/USD) continued its unstoppable rally on Tuesday, climbing above the $4,100 mark and setting another all-time high. The metal remains strongly supported by renewed US-China trade tensions, ongoing geopolitical risks, and growing expectations of more Federal Reserve rate cuts—all

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Australian Dollar

Forex Update: Aussie Dollar Falls Despite Steady RBA Tone

The Australian Dollar (AUD) weakened slightly against the US Dollar (USD) on Tuesday as forex traders reacted to the Reserve Bank of Australia’s (RBA) September meeting minutes. The RBA maintained a cautious tone, noting that interest rates remain somewhat restrictive,

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Gold Holds Below $4,000 but Downside Looks Limited

Gold Holds Below $4,000 but Downside Looks Limited

Gold (XAU/USD) is trading under pressure, staying below the key $4,000 level during Friday’s Asian session. The precious metal has faced mild selling for a second straight day, but further losses seem limited as market factors continue to favor safe-haven

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Gold Pulls Back as Geopolitical Risks Ease

Gold Pulls Back as Geopolitical Risks Ease

During Thursday’s Asian session, gold (XAU/USD) fell, signalling an end to its recent surge that sent prices to new all-time highs of about $4,060. Following reports of a peace deal between Israel and Hamas, the demand for conventional safe-haven assets

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