No Data
Pakistan claims that the U.S. and Iran are close to reaching an agreement.
First loudly demanding compensation, then quietly making a breakthrough? Pakistan has released a major update: the U.S. and Iran are nearing an agreement of some kind.
Express News | Pakistan signals on U.S.-Iran talks: 'Close to reaching some kind of arrangement'
According to Reuters, Pakistani officials stated that signals from the United States and Iran indicate the two sides are 'close to reaching some kind of arrangement,' with developments moving in a peaceful direction. Meanwhile, according to Iran's Mehr News Agency, Pakistan's Interior Minister has arrived in Tehran for talks.
Is the gold and silver bull market about to resume? Experts say the pullback is a 'normal fluctuation,' and the long-term risk-reward profile has improved!
① Maria Smirnov, Chief Investment Officer at Sprott Inc., stated that the recent decline in gold prices represents a normal correction within a bull market rather than a reversal of the trend, and that the outlook for silver remains highly attractive; ② She noted that factors such as rising sovereign debt, fiscal deficits, central bank gold purchases, and geopolitical fragmentation continue to underpin gold’s strategic role, and that fundamentals for precious metals mining equities remain robust.
‘The New Fed Wire’ Issues Strong Warning: September Rate Hike Hinges on Inflation Data!
① The so-called 'New Fed Wire' stated that if the U.S. July CPI data released on Wednesday comes in mild, it would simultaneously ease the pressure on both Waller personally and the FOMC to raise interest rates—pressure stemming from their ongoing reassessment of whether they had underestimated the resilience of the U.S. economy. ② Conversely, if the data remains elevated, it could force him to demonstrate through concrete action the point he struggled last month to articulate clearly.
Dual Focus on Gold Price Elasticity and Robust Alpha: Allocation Strategy for Gold Jewelry and Gold Mining Stocks
International gold prices surpassed USD 4,400, with domestic futures rising sharply in tandem. Since August, the price of Gold/USD (XAUUSD.CFD) has accelerated upward, reaching a new high since June 2026. On the international front, London spot gold closed at USD 4,341.91 per ounce on August 7, briefly breaking through the USD 4,400 per ounce mark in early August, recording its largest weekly gain of over 7% year-to-date. Domestic gold futures followed suit with a significant rally; on August 7, Shanghai Futures Exchange (SHFE) gold futures settled at RMB 936.76 per gram, up sharply from the previous day's close of RMB 910.40 per gram. The SWS Gold Index closed at 27,067 on the same day.
Castle Securities turns bullish on gold for the first time this year: five catalysts aligning could ignite gold prices
After months of dormancy, gold is once again capturing Wall Street's attention. Strategists at Citadel Securities believe that expectations of a Federal Reserve policy pivot, central bank gold purchases, short-covering, options market signals, and a return of retail investor flows will collectively propel the precious metal into a new upward cycle.