It’s getting frothy out there. Pick any stock market metric, whether it’s the Nasdaq’s closing price or a more technical measure like the Shiller P/E ratio, and the number will look unusually large. Throw in crazy AI valuations, for privately held startups and publicly traded stocks alike, and what we’re seeing looks a lot like…
Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is headed next. Gold remains on pace for its best year since 1979, driven by central bank purchasing, increased inflows into exchange-traded funds (ETFs), and bar and coin purchases. But…
Gold () futures opened at $4,001 per ounce on Monday, up 0.5% from Friday’s close of $3,982.20. The price of gold has remained between $3,910 and $4,040 since October 28. Over the weekend, China announced a change to its gold tax policy. The country formerly allowed retailers to offset a 13% value-added tax when selling…
AI is still the stock market’s favorite trade, but it might be wise to hedge against any potential reversal in the event the music stops. With Nvidia touching a $5 trillion market cap and Apple and Microsoft both crossing $4 trillion this week, some investors may be feeling a bit jittery about how much further…
An 11-year-old boy who accidentally swallowed a 10-gram gold bean worth 10,000 yuan (US$1,400) by mistake was told by his mother not to relieve himself outside because it would be “too expensive”. The story has amused many people on mainland social media, where it quickly went viral. The incident unfolded in Kunshan, Jiangsu province, southeastern…
Gold (GC=F) prices fell to around $4,000 per ounce as investors moved away from the safe-haven asset on prospects of a US-China trade deal. Futures for the yellow metal declined as much as 3% as US and Chinese officials signaled that weekend talks have paved the way for a breakthrough in the trade standoff. The…
Topline The value of gold dropped more than 5% on Tuesday, pacing what would be the largest single-day decline for the metal in more than a decade, leading a broader metal sell-off as investors appear to step back from a record-breaking buying frenzy. Silver and platinum have joined gold with record-breaking rallies in recent months…
Gold prices tumbled in their biggest daily drop in over ten years as a stunning rally in precious metals came to a halt. Futures for the yellow metal (GC=F) dropped as much as 5.5% to hover near $4,141 per troy ounce, on pace for their largest one-day drop in 12 years. Silver futures (SI=F) also…
China has emerged as a critical force propelling gold prices to record highs in 2025, according to one of the most influential analysts on Wall Street. Torsten Slok, Apollo Global Management’s chief economist who is renowned for his pithy, incisive daily email The Daily Spark, highlighted on Tuesday that China’s impact goes beyond central bank…
Wealthy investors in Asia, sitting on piles of cash built up since the pandemic, are looking to hedge their bets, shifting their assets out of U.S. equities and into the Chinese stock market and gold. (Nikkei illustration) Trading Asia Region is home to the world’s second-largest group of ultrawealthy investors LISA KIM and JADA NAGUMO October…