Gold

Oil shock’s rate repricing: G4 holds, gold bullish, dollar firms

Middle East turmoil has roiled global markets, sparking rate hike speculation despite G4 central banks holding firm. Can the 'transitory' view survive soaring oil?

Bullion dealers, jewellers and pawnshops said gold buying has surged amid geopolitical tensions and expectations of interest rate cuts.

Singapore gold sellers bring in more stock, build vaults to meet higher demand amid Middle East crisis

Besides middle-aged customers, some have also observed a younger crowd wading into the gold-buying trend

The inflation backdrop typically supports gold as a hedge, but high interest rates dull the metal’s appeal by boosting returns on yield-bearing assets.

Gold steady as investors weigh Middle East risks ahead of Fed decision

The US central bank is widely expected to hold rates steady for a second straight meeting

Given China's dominance in the production of rare earth elements, investments elsewhere are expected to accelerate amid rising world demand.
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Greenback under pressure as gold rides tailwinds
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Greenback under pressure as gold rides tailwinds

The metal’s surge is a barometer of confidence in the global system

While gold is traditionally viewed as an inflation hedge, elevated interest rates boost the appeal of yield-bearing assets, dampening the metal’s demand.

Gold steady as investors await central bank decisions, weigh Middle East risks

Higher crude costs stoke inflation by lifting transport and production expenses

Concerns over stagflation, a combination of slower growth and high inflation, may also prompt investors to turn to gold as a better store of value over the longer term.

Gold wavers near US$5,000 as Middle East war keeps oil prices elevated

Uncertainty over how long the war will last makes it difficult to assess the impacts on markets and the wider economy

For gold, higher energy prices and rising inflationary concerns have greatly reduced expectations that the US Federal Reserve and other central banks will cut interest rates.

Gold set for second weekly decline as oil prices rally further

Bullion has still gained around 18% so far this year and has largely held above the US$5,000-an-ounce threshold