• CL
• GC
• LCO
• OMXS30
• USD/SEK

Sweden stocks higher at close of trade; OMX Stockholm 30 up 0.31%

Sweden's stock market closed higher, led by gains in Telecoms, Oil & Gas, and Technology sectors. Ericsson reached a 52-week high amid rising oil and gold prices.

• GC
• GOLD

Breaking down the correlation between oil and gold prices

• CL
• GC
• GSPTSE
• HG
• LCO

TSX posts record high on rotation into commodity-linked shares

Canada's stock market reaches a new high, fueled by rising oil prices and anticipation of bank earnings reports, despite declines in technology sectors.

• GC
• PL
• SI

Gold prices steady above $2,500 amid rate cut cheer

Gold prices dipped slightly as lower U.S. interest rates anticipated a weaker dollar; other metals are mixed amid geopolitical tensions and caution over China's demand.

• DIA
• DJI
• DX
• EUR/USD
• GC
• GLD
• GOVT
• IXIC
• NDX
• NQU24
• SPY
• US10YT=X
• US500
• USD/JPY

Fed Chair Powell at Jackson Hole: 'Time has come for policy to adjust'

Jerome Powell's speech at Jackson Hole emphasized confidence in inflation stabilizing at 2%, potential rate cuts, and a commitment to supporting the labor market amidst evolving economic conditions.

• EUR/USD
• GC
• NVDA
• US500

Take Five: Nvidia, let's see what you've got

Upcoming week features crucial earnings from Nvidia and inflation data from eurozone and Australia, with gold prices surging and dollar under pressure amidst rate cut speculation.

• GC
• HG
• MCU
• PL
• SI

Gold prices nurse tumble from record highs with Powell, rate cuts in focus

Gold prices rose as market awaits Powell's address on potential rate cuts. Other precious metals also gained, while copper prices continued upward trend amid improving market sentiment.

• GC
• XAU/USD

This is the key driver for higher gold prices in 2025: Citi

Citi predicts a turnaround in gold ETF flows by 2025, potentially driving prices to $3,000 per ounce, signaling a significant shift in the gold market dynamics.

• GC

Gold positioning does not look stretched despite record highs: UBS

In August 2024, gold prices exceed $2,500, yet UBS analysts foresee further increases due to favorable macroeconomic factors and sustained investor interest despite some demand weakness.

• GC
• PL
• SI

Gold prices dip from record highs; rate cuts, recession in focus

Gold prices fell as profit-taking and a dollar rebound cooled the rally, while U.S. interest rate cut expectations remain amid rising recession fears.