US markets opened on a mixed note Thursday morning as investors closely monitored ongoing signals about global trade negotiations, particularly between the United States and China.Lingering uncertainty around tariff talks, paired with cautious sentiment from key officials, continued to shape investor behaviour across asset classes.As of 9:42 AM GMT-4, US stock markets showed a mixed…
Hong Kong’s gold jewellery shops are reversing the usual course of business by stepping up efforts to buy the precious metal from customers, after the local price hit a record high. Gold in Hong Kong traded at an intraday record high of HK$30,930 per tael troy (US$3,991 for 37.429 grams) before closing at HK$30,710 on…
MIAMI (Reuters) – Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market Association’s annual conference in Miami on Monday. Elevated demand for gold from central banks underpinned the price of the non-yielding gold when the global interest rates…