Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Russia Stocks Close Flat as MOEX Hits 1-Month High 
Gold prices edged higher in Asian trade on Wednesday, recovering slightly from the previous session’s sharp losses. A weaker U.S. dollar provided support, even as easing geopolitical tensions reduced demand for safe-haven assets.
Spot gold rose 0.2% to $3,329.93 an ounce, while August gold futures gained 0.3% to $3,344.70 as of 06:16 GMT. The precious metal had dropped over 1% on Tuesday following U.S. President Donald Trump’s announcement of a ceasefire between Israel and Iran.
Although the truce brought temporary relief to global markets, uncertainty lingers. Trump accused both nations of violating the agreement just hours after the initial announcement, fueling skepticism about its durability. Gold, often seen as a hedge against geopolitical instability, has struggled to maintain gains as the ceasefire holds for now.
Supporting bullion prices, the U.S. Dollar Index dipped 0.1%, nearing a one-week low. A weaker dollar typically boosts gold demand by making it more affordable for overseas buyers. Additionally, Federal Reserve Chair Jerome Powell told Congress that the central bank needs more time to assess the inflationary impact of rising tariffs, suggesting a cautious stance on future interest rate moves.
Other metals also saw modest gains. Silver futures rose 0.5% to $35.928 per ounce, while platinum held steady at $1,318.15. In base metals, copper was supported by the softer dollar, with London Metal Exchange futures up 0.5% at $9,723.35 a ton. U.S. copper futures remained flat at $4.9015 per pound.
