Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Australian Household Spending Dips in December as RBA Tightens Policy 
Gold prices soared to an unprecedented level above $4,100 per ounce in Asian trading on Tuesday, driven by renewed geopolitical tensions between the United States and China. Investors turned to safe-haven assets amid escalating uncertainty in global markets, pushing both gold and silver to fresh record highs.
Spot gold climbed 1.3% to $4,164.80 per ounce by 00:17 ET (04:17 GMT), after briefly touching an all-time high of $4,169.66 earlier in the session. U.S. gold futures followed suit, advancing 1% to $4,175.92.
The rally came after former U.S. President Donald Trump announced plans to impose a 10% tariff on Chinese imports, retaliating against Beijing’s restrictions on critical mineral exports used in electronics and defense manufacturing. However, Trump later softened his tone, assuring on social media that the U.S. “was not seeking any harm to China.”
Despite the initial tension, signs of potential diplomacy emerged. Treasury Secretary Scott Bessent confirmed that a meeting between Trump and Chinese President Xi Jinping is still scheduled later this month in South Korea. Meanwhile, China’s Ministry of Commerce stated that working-level discussions with U.S. counterparts are ongoing, though it vowed to “fight till the end” against what it described as unfair measures.
The combination of conflicting political signals and a weakening U.S. dollar further boosted bullion demand. Analysts noted that the uncertainty surrounding trade relations and economic stability continues to drive investors toward precious metals.
Silver also surged 2% to $53.47 per ounce, reaching a new record high, while platinum futures gained 1.2% to $1,704.55. With market volatility likely to persist, analysts expect gold to remain a top safe-haven asset in the near term.
