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Gold continues record run on safe-haven rush, US rate cut bets
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- October 16, 2025
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Gold extended its rally to a new record high on Thursday, as investors turned to the safe-haven asset due to U.S.-China trade tensions and the U.S. government shutdown, with prospects of interest rate cuts further boosting demand. Spot gold was up 0.7% at $4,235.41 per ounce, as of 1012 GMT. Earlier, bullion touched a record […]
Oil prices steady ahead of US-China trade talks
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- June 9, 2025
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Oil prices were stable on Monday as investors awaited U.S.-China trade talks in London in the hope that a deal could boost the global economic outlook and subsequently fuel demand. Brent crude futures gained 11 cents, or 0.2%, to $66.58 a barrel by 1312 GMT while U.S. West Texas Intermediate crude rose by 6 cents, or […]
Euro dips following ECB President’s remarks on potential growth reduction
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- March 20, 2025
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The euro experienced a decline after Christine Lagarde, President of the European Central Bank (ECB), cautioned about potential weaker growth and played down the possibility of increased inflation, should President Trump’s proposed tariffs against the EU be met with a counter response. Lagarde addressed European lawmakers on Thursday, outlining a scenario where economic growth could […]
Bitcoin price today: extends gains to $85k as sentiment improves after Fed meeting
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- March 20, 2025
- 01 Comment
Bitcoin moved higher on Thursday, extending overnight gains as risk appetite improved after the Federal Reserve maintained its rate cut projections and signaled no drastic changes in the face of increased economic uncertainty. XRP remained a standout performer in crypto, staying close to a two-week high after the Securities and Exchange Commission dropped its long-running […]
Bitcoin Price Recovers $100,000 Amid Jim Cramer’s Grim Prediction
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- January 27, 2025
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The past few days on the crypto market have been anything but pleasant. Total (EPA:TTEF) liquidations across leveraged positions have approached the $1 billion mark, leaving bulls with the lion’s share of losses. Bitcoin, naturally at the center of attention, saw its price plunge below the critical $100,000 level amid an imbalance in perpetual futures […]