The core PCE in the U.S. hit a near two-year high in January, while the Q4 real GDP was revised down sharply.

Core inflation in the United States has risen month-over-month for two consecutive months, while economic growth in the fourth quarter was drastically revised downward. Amid a dual impact of surging oil prices triggered by Iran-related tensions and weak consumer spending, the Federal Reserve's rate-cutting playbook has been completely disrupted.

Golden10 DataMar 13 21:07

Why does gold remain 'unshaken' amid the turmoil in the Middle East?

In the recent escalating conflict involving the US, Israel, and Iran, gold, the top safe-haven asset, has shown unusual 'calmness' and even faced a wave of sell-offs at one point. Why has the geopolitical turmoil failed to ignite the price of gold?

Golden10 DataMar 13 12:51

March 12 U.S. Market Update: Support and Resistance Levels for 18 Assets (Gold, Silver, Platinum, Palladium, Crude Oil, Natural Gas, Copper, and Ten Major Currency Pairs)

A summary of support and resistance levels for gold, silver, platinum, palladium, crude oil, natural gas, copper (commodities), as well as the US Dollar Index, euro, pound, yen, Swiss franc, Australian dollar, Canadian dollar, and New Zealand dollar (major currency pairs) updated on March 12 in the U.S. market.

FX678 FinanceMar 12 21:03

The surge in oil prices and the strengthening of the US dollar have suppressed safe-haven demand, placing the gold market in a phase influenced by multiple intertwined factors.

The international gold market extended its pullback during the Asian session on Thursday, with spot gold prices hovering near $5,150 after two consecutive sessions of declines. Although gold had reached a recent high driven by safe-haven demand, recent shifts in market dynamics have led to a notable retreat in prices. One of the primary factors behind the adjustment in gold prices has been the significant volatility in energy markets. Recently, international crude oil prices have continued to rise, with WTI crude climbing above $92 per barrel and intraday gains surpassing 6% at one point. Rising energy costs often signal the potential for renewed inflationary pressures in the future, thereby altering market expectations regarding monetary policy. When

FX678 FinanceMar 12 09:46

Commodities Overview: Rising Tensions in the Middle East Continue to Push Up Crude Oil and Aluminum Prices While Gold Edges Lower

Crude oil prices continued to rise on Wednesday, as comments hinting that the war may not end in the short term offset the International Energy Agency's announcement of the release of 400 million barrels of oil. Influenced by the possibility that the war could push up inflation, gold prices fell slightly. Aluminum prices in the London market continued to be supported by supply disruptions in the Middle East. Crude Oil: Rising oil prices due to intense rhetoric regarding the Iran conflict overshadowed the impact of reserve releases. Prices surged again amid high volatility on Wednesday, with increasingly heated rhetoric from global leaders about the Iran conflict outweighing the effect of emergency crude oil reserve releases by some affluent nations. WTI crude oil futures rose 4.6%, closing above $87 per barrel.

Global Market NewsMar 12 06:18

US CPI data met expectations, with the annual core CPI rate for February dropping to a five-year low. Could inflation heat up further in March?

In February, U.S. inflation appeared to cool steadily, but the pass-through effects of tariffs became evident, with significant price surges observed in home appliances and apparel. Amid rising crude oil prices driven by escalating conflicts in the Middle East, this seemingly 'tranquil' data has been largely overlooked, and next month's inflation figures may face a major test.

Golden10 DataMar 11 20:49