Big money did not participate in the bear market rally this time around, reiterating the belief that downside isn't over yet, though not everything is doomed.
U.S. stocks rallied Thursday after the Trump administration signed its first major trade agreement with the United Kingdom, igniting optimism about further global deals — especially with China — and lifting investor appetite for riskier assets.
Gold's surge, inspired by China's safe-haven dash, a declining dollar, and geopolitical tensions, has investors seeking the VanEck Merk Gold ETF with physical bullion delivery. Popular with long-term holders in uncertain times.
US markets closed higher as strong earnings, trade developments, and recession concerns were weighed. DJIA up 0.75%, S&P 500 up 0.58%, Nasdaq up 0.55%.
US markets closed mixed on Monday, with tech earnings and trade negotiations causing caution. Data showed TX manufacturing weakening. Asian markets mostly up.
Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from the vicinity of the $3,265-3,260 pivotal support and attracts fresh sellers during the Asian session on Tuesday.
The Gold price (XAU/USD) loses ground to around $3,335 during the early Asian session on Tuesday. The yellow metal edges lower amid a modest rebound of the US Dollar (USD) and a softening in tensions between the United States and China.
Stocks came in wobbly, and went up and down in their usual willful way. Gold and silver sustained an early smackdown, but in the end gained some ground.
Stocks were a mixed bag to start the week. The Dow secured a triple-digit gain and a fifth-straight win, while the S&P 500 just barely finished in the black for its own five-day win streak.
