Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
US Stock Futures Fall as Treasury Yields Surge Ahead of Trump-Xi Summit 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
Japan Private-Sector Growth Slows as Domestic Demand Weakens 
China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts 
Oil Prices Jump 3% as Houthi Attack Revives Supply Fears 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Russian Envoy Dmitriev Heads to US for Ukraine Talks 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
European Stocks Fall as Bond Yields and Geopolitical Risks Weigh 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit 
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Gold prices climbed in early Asian trading on Tuesday, with silver and platinum also posting solid gains, as precious metal markets steadied after suffering two days of sharp selloffs. The rebound offered some relief to investors following a brutal rout that erased trillions of dollars from gold and broader precious metals valuations.
Spot gold surged 2.7% to $4,788.40 per ounce, while April gold futures rose by the same margin to $4,809.54 per ounce. Silver prices outperformed, with spot silver jumping 4.3% to $82.6315 per ounce. Platinum also advanced, gaining 1.8% to trade at $2,168.84 per ounce. The recovery signaled renewed buying interest after aggressive profit-taking dominated recent sessions.
The recent decline in gold prices was largely driven by market reactions to U.S. President Donald Trump’s nomination of former Federal Reserve Governor Kevin Warsh as the next Fed chair. While the announcement removed a key source of uncertainty, it also dampened safe-haven demand. Warsh is widely viewed as less dovish than investors had anticipated, raising expectations that U.S. monetary policy could remain relatively tight.
Although Warsh has supported Trump’s calls for lower interest rates, he has been critical of the Federal Reserve’s asset-buying programs and has advocated for a smaller balance sheet. These views fueled a rebound in the U.S. dollar, which recovered from near four-year lows and added pressure on gold and other non-yielding assets.
Investor focus is now shifting to upcoming U.S. nonfarm payrolls data due on Friday, which could provide clearer signals on the health of the U.S. economy and the future path of interest rates. Additionally, easing geopolitical tensions have weighed on gold’s appeal as a safe haven. Talks between the U.S. and Iran over Tehran’s nuclear program are set to resume, reducing immediate fears of military escalation.
Despite short-term volatility, analysts continue to closely monitor gold price trends, with long-term outlooks remaining a key area of interest for investors heading into 2026.
