US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes 
US Comfortable With Canada Trade Standoff as Import Bans Loom 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
Japanese Yen Rebounds as Trump Flags Currency Weakness 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
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Gold prices soared to an all-time high in Asian trading on Monday, driven by a weaker U.S. dollar and renewed geopolitical tensions. Spot gold surged 1.4% to $3,374.93 per ounce, hitting a record $3,385.27 earlier, while June gold futures jumped 1.8% to $3,388.20.
The rally follows President Donald Trump’s plan to restructure the Federal Reserve, which rattled markets and pushed the dollar to a three-year low. White House advisor Kevin Hassett revealed that Trump is exploring the legal grounds to fire Fed Chair Jerome Powell, raising fears about the Fed’s independence and adding uncertainty to U.S. monetary policy.
A weaker dollar typically boosts gold prices by making the metal more attractive to foreign investors. Gold has also been supported by central bank buying, inflation concerns, and its role as a safe haven amid escalating global risks.
Geopolitical tensions between Russia and Ukraine added further momentum to bullion’s rise. Although Russian President Vladimir Putin declared a one-day Easter ceasefire on Saturday, Russia resumed missile and drone attacks on Ukraine early Monday. Both sides have accused each other of violating the short-lived truce, with no signs of an extension.
Silver futures rose 1% to $32.773 per ounce, while platinum futures held steady at $978.0.
Copper prices saw modest gains, supported by the dollar’s decline. However, concerns over potential U.S. tariffs on Chinese imports capped upside. London Metal Exchange copper futures edged up 0.3% to $9,231.0 a ton, while May copper futures gained 0.8% to $4.4733 per pound.
The combination of Fed uncertainty, global conflict, and inflation continues to drive strong demand for precious metals, positioning gold as a key safe-haven asset in 2025.
