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Gold Edges Down From Record High as U.S. Trade Wars Continue to Provide Support
Friday, Apr 18, 2025Latest News
European Equities Close Mixed in Thursday Trading; European Central Bank Cuts Rates
The European stock markets closed mixed in Thursday trading as The Stoxx Europe 600 was off 0.12%, Germany's DAX was down 0.53%, the FTSE 100 in London was flat, France's CAC 40 declined 0.60%, and the Swiss Market Index rose 0.54%. The European Central Bank said it cut its three key interest rates...
- Thursday, Apr 17, 2025
Gold's record rally pauses as investors cash in gains
Gold prices eased on Thursday after a sharp rise in the previous session as investors booked profits ahead of a long weekend, although softer dollar and escalating U.S.-China trade tensions kept bullion above the $3,300 per ounce level. Spot gold slipped 0.5% to $3,326.51 an ounce as of 08:58 a.m. ...
- Thursday, Apr 17, 2025
US Stocks Hold Week's Losses
US stocks were mostly flat to hold this week's sharp losses before tomorrow's holiday, as markets assessed mixed corporate earnings and risks around President Trump's uncertain tariff policies. The S&P 500 inched above the flatline and the Nasdaq 100 added 0.3% on some respite for the tech secto...
- Thursday, Apr 17, 2025
Oil Rises Again With Risk to Iran Supply, Trade Outlook in Focus
Oil rose for a second day after the Trump administration again vowed to reduce Iran's energy exports to zero, while talks between the US and Japan stirred optimism that agreements on trade can be reached. Brent crude climbed above $66 a barrel after advancing almost 2% on Wednesday, putting fu...
- Thursday, Apr 17, 2025
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Gold Will Maintain Its Upward Momentum as Fed Cuts, Sovereign Buying, ETF Flows Support Prices – ING's Manthey
Gold prices will peak in the fourth quarter as investors focus on Fed cuts, while ETF inflows and central bank buying continue to provide support agai...
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