Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data 
Gold prices climbed sharply in Asian trading on Tuesday, extending a rally that has pushed bullion to a series of record highs. The surge reflects growing investor anxiety over U.S. trade policies under President Donald Trump, escalating geopolitical tensions, and cautious sentiment ahead of a key U.S. Federal Reserve meeting. Together, these factors have strengthened safe-haven demand for gold and other precious metals.
Spot gold rose 1.1% to around $5,062.97 per ounce in early Asian hours, while April gold futures slipped slightly to $5,098.26 per ounce. Despite the marginal pullback in futures, spot gold remained near historic levels after hitting a record high of $5,111.11 per ounce on Monday. The strong performance highlights gold’s role as a hedge during periods of global uncertainty and market volatility.
Other precious metals also posted solid gains. Spot silver jumped nearly 4% to about $107.94 per ounce, after briefly touching a record high above $111 per ounce. Platinum prices climbed 2.7% to roughly $2,656.27 per ounce, reflecting broad-based strength across the metals complex as investors sought alternatives to riskier assets.
Market nerves have been fueled by renewed trade tensions, particularly after President Trump threatened aggressive tariffs against several U.S. allies. These included warnings of 100% tariffs on Canada over potential trade links with China, as well as an increase in tariffs on South Korean goods to 25%. Although Trump eased some rhetoric regarding Europe and Greenland, uncertainty over future policy moves continues to weigh on global markets.
Geopolitical risks have further supported gold prices, with heightened tensions in Iran and the Middle East following the arrival of U.S. naval assets in the region. Analysts note that such risks, combined with economic and political uncertainty, have broadened gold’s appeal across regions and investor profiles, including strong interest from China and India.
Reflecting this backdrop, Singapore-based OCBC raised its 2026 gold price forecast to $5,600 per ounce, citing sustained demand for safe-haven assets. While short-term profit-taking could trigger brief pullbacks, the long-term outlook for gold remains supported by persistent global uncertainty.
