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Gold price (XAU/USD) tumbles to around $4,680 during the early Asian session on Friday. The precious metal extends the decline as traders cover losses from equities and adjust positions. The preliminary reading of the Michigan Consumer Sentiment Index report for February is due later on Friday. The Chicago Mercantile Exchange Group (CME), the world’s leading derivatives marketplace, has raised initial margin requirements for Gold and Silver futures contracts again, increasing the amount of collateral traders must post to open and maintain positions. Additionally, falling technology stocks have forced some traders to liquidate gold positions to meet margin requirements, exerting some selling…

High beta momentum names dive amid tech rout

The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Thursday following the release of Australia’s Trade Balance data, which showed the trade surplus widened to AUD 3,373M in December 2025, up from a downwardly revised AUD 2,597M in November and slightly above market expectations of AUD 3,300M.Australia’s Exports grew 1.0% month-on-month (MoM) in December, rebounding from an upwardly revised 4.0% drop in November, largely driven by metal ores and minerals. Imports fell 0.8% MoM, steeper than the downwardly revised 0.2% decline previously, weighed down by other merchandise goods.China’s Services Purchasing Managers’ Index (PMI) rose to 52.3…

Late last year, Lilly was the first pharmaceutical stock to reach a $1 trillion valuation.

Gold has long been known as a reliable means of storing value. If you are living in Brisbane and thinking of cashing out your gold, understanding how gold prices work will be helpful for a fair deal. Our all-inclusive guide will walk you through all the facts you need to know to sell your gold in Australia with confidence. Read on. What Drives Gold Prices? Gold rates in Australia or globally fluctuate every minute, every second, like the stock market price. Here’s why. Global Economy: When inflation increases or the economy appears to be uncertain, people look to gold. This…

EUR/GBP eases toward 0.8610 on Wednesday, with the cross pressured by the Euro’s (EUR) relative weakness against a Pound Sterling (GBP) supported by monetary policy expectations in the United Kingdom (UK). The latest macroeconomic indicators from the Eurozone send mixed signals and reinforce the view of a fragile economic recovery, limiting the upside potential of the single currency.In the Eurozone, the HCOB Services Purchasing Managers Index (PMI) came in at 51.6 in January, a four-month low, below market expectations and sharply down from December. In Germany, the downward revision of the HCOB Services PMI to 52.4 confirms that activity in…

Shares of Chipotle Mexican Grill Inc. fell sharply after hours on Tuesday, after the fast-casual Mexican chain’s same-store outlook came in below expectations, and the company outlined steps it planned to take to regain growth.

Read on to learn about inflation, interest rates, and everything that affects the price of your precious metals. You’ve certainly heard about inflation, interest rates, and gold prices in the news. These three concepts are often brought up together but are seldom explained clearly. If that is something that interests you, or if you hold gold in the form of gold jewellery or gold bars that you hope to sell in the future, these concepts will be of great assistance to you. Let’s dive in. What Is Inflation? Inflation is the increase in the cost of living over time. You…

    XAGUSD and XAUUSD Crash Big Bubble The sharp selloff in precious metals has raised serious questions about whether a speculative bubble has just burst, especially in silver. XAGUSD (Silver) plunged from 121.56 to 71.32 in 3 days, a drop of roughly 41%, while XAUUSD (Gold) fell from 4595 to below 4403 over the same period, a decline of about 21%. Moves of this magnitude are rarely “normal corrections.” Instead, they fit the classic pattern of an asset bubble bursting, with silver leading the downside due to its higher speculative nature. XAGUSD DAILY CHART (121.56 => 71.32)    …

The company, which makes equipment for testing semiconductors, gave profit guidance that was about 60% above what analysts were expecting.