Metals

China tightens indium export checks as AI demand increases

The restrictions have become enough of a hurdle for next-generation data centres

Higher interest rates are a headwind for precious metals, which do not pay interest.

Gold advances as peace deal optimism counters hawkish US Fed

The pact is expected to ease a global energy shock that’s spurred inflation and rate hike bets

A record 45% of the reserve managers surveyed by the World Gold Council expect to increase their own institutions’ gold holdings over the next 12 months.

Gold edges up as rate-hike fears ease; Fed rate decision in focus

Investors now await the Federal Reserve policy decision and remarks

Gold is down about 18% since the US and Israel launched strikes on Iran in late February.

Gold holds gain as Trump touts reopening of Hormuz this week

Precious metals traders are awaiting a series of central bank decisions this week

Gold prices have fallen about 20% since the start of the US-Israeli war against Iran in late February.

Gold rises over 2% after US, Iran reach peace deal

US and Iran will sign a memorandum of understanding in Switzerland on Jun 19

DPM Gan Kim Yong says MAS will remove the 5 per cent cap on physical investment precious metals under the tax incentive schemes for funds.

Singapore to offer OTC gold clearing, central bank vaulting by end-2026 amid gold-hub push

SGX is also exploring the relaunch of a physically deliverable gold futures contract

An old luxury watch in a furnace to be melted down for gold at Hatton Garden Metals in London on Jun 10.

Gold fever sends some vintage luxury watches to the melting furnace

Used models by the likes of Omega and LVMH’s Tag Heuer are most hit by the trend

Higher rates are typically negative for gold.

Gold jumps after Trump signals US-Iran truce deal is close

The precious metal has fallen 21% since the Middle East conflict began at the end of February

Gold is about a fifth below where it was trading before the Iran war broke out at the end of February.

Gold slumps below US$4,200 as renewed US-Iran clashes test truce

The latest clashes threaten a fragile ceasefire and risk extending the near-total closure of Hormuz