Japan Private-Sector Growth Slows as Domestic Demand Weakens 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
U.S. 10-Year Treasury Yield Hits 2007 High as Fed Rate Hike Bets Rise 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Wall Street Falls as Treasury Yields Surge, Oil Rebounds on Iran Tensions 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Oil Prices Ease as Iran Tensions Clash With Diplomacy Hopes 
Fed Unveils Stablecoin Rules Under GENIUS Act 
China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts 
Dollar Holds Near Two-Month High as Yen Approaches 160 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Oil Prices Surge as U.S.-Iran Diplomacy Hopes Fade 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth 
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Gold and silver prices edged lower in Asian trading on Thursday after stronger-than-expected U.S. nonfarm payrolls data reduced expectations of aggressive Federal Reserve interest rate cuts. However, ongoing geopolitical tensions and continued U.S. dollar weakness helped limit losses in precious metals.
Spot gold declined 0.5% to $5,060.47 per ounce, while April gold futures slipped 0.3% to $5,081.30 an ounce. Despite the pullback, gold prices held on to most of this week’s gains, supported by safe-haven demand and lingering pressure on the dollar. Spot silver dropped 1.7% to $82.8810 per ounce, and platinum prices fell 1.1% to $2,115.98 per ounce.
The decline followed robust U.S. payrolls data for January, which pointed to unexpected strength in the labor market. Solid job growth dampened expectations that cooling employment conditions would prompt deeper Federal Reserve rate cuts in the coming months. According to CME FedWatch data, markets are now pricing in a 94.1% probability that the Fed will keep interest rates unchanged in March, with a 78% chance of no change in April.
The upbeat jobs report also triggered a rebound in the U.S. dollar, weighing on gold and silver prices. Although the dollar steadied during Asian trading, it remains under weekly pressure, partly due to strength in the Japanese yen.
Investors are now focused on upcoming U.S. economic data, including the January consumer price index and weekly jobless claims. Inflation trends and labor market resilience remain key factors guiding Federal Reserve monetary policy decisions.
Meanwhile, geopolitical tensions between the United States and Iran continue to support safe-haven assets. Reports of potential U.S. military deployments and renewed diplomatic warnings have kept gold and silver demand elevated, preventing sharper declines in precious metal markets.
