China Slashes Rates – Stimulus Package by PBoC Welcomed by Markets

Silver price plunges to near $23.15 as appeal for bullions fade ahead of FOMC minutes. Investors reconsider Fed’s rate cut bets amid robust US economic prospects. More downside in Silver is likely amid a H&S breakdown. Silver price (XAG/USD) fell vertically to near $23.15 as investors rush for safe-haven assets in the early New York […]

Market picture The cryptocurrency market has plunged 6% to a capitalisation of $2.08 trillion, its lowest level in nine days. Bitcoin is falling in line with the broader trend, while Ethereum and Solana are down 8.4% and 7.3%, respectively. Gold has also experienced an almost synchronised sell-off, losing around 1%, but equity markets remain generally […]

Gold prices plummet as Trump’s election victory boosts the US dollar and Treasury yields. Market sentiment shifts towards higher interest rates, diminishing gold’s appeal. Technical analysis suggest bearish momentum is building, will safe haven demand return and underpin Gold prices? Gold prices in freefall as the US Dollar Index and US Treasury Yields surged following […]