EUR/USD 1.17858
0.110%
Gold 5096.86
2.005%
Oil 66.320
-0.480%
USD/JPY 155.059
0.041%
GBP/USD 1.34890
0.196%
GBP/JPY 209.163
0.249%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to the National Highway Traffic Safety Administration (NHTSA), Toyota Motor Corporation is recalling 4,374 vehicles in the U.S. market.February 21 – The Hong Kong Special Administrative Region (HKSAR) government held a press conference today (February 21) on the long-term housing arrangements for Hung Fook Court. Deputy Financial Secretary Michael Wong stated that the HKSAR government plans to acquire the property rights of Hung Fook Court owners through cash or a property swap, which is the fastest possible solution. The average price per square foot offered by the HKSAR government for the acquisition is HK$8,000 (before land premium payment) and HK$10,500 (after land premium payment), with a total acquisition cost of approximately HK$6.8 billion. After the acquisition, the HKSAR government plans to demolish the seven damaged buildings in Hung Fook Court and redevelop them into parks and other facilities.February 21st - According to data from Maoyan Professional Edition, the total box office (including pre-sales) for the 2026 Spring Festival film season has exceeded 4.2 billion yuan, with "Pegasus 3", "Silent Assassination", and "Boonie Bears: The Big Adventure" ranking in the top three.February 21st - John Weyey, Head of Commercial Hedging at Walsh Trading, stated that golds price action following the Supreme Court tariff ruling indicates that while gold appears to have lost a bullish factor, it still possesses ample upward momentum. Gold initially fell sharply after the news, but the prevailing bullish sentiment quickly regained control. Gold is continuing to rise on its own momentum, and many market participants will maintain this strategy until the market provides a reason to be bearish. Over the past six months, market participants have bought gold for a simple reason: its rising. This is an unprecedented rally, and I believe the market will continue to buy. Even though the tariff ruling has eliminated some uncertainty, gold will continue to rise as other risks remain.February 21 - According to the China Development Bank (CDB), in 2025, CDB issued 786.3 billion yuan in loans to the urban renewal sector, focusing on supporting the renovation and upgrading of old urban residential areas, old streets, old factories, and urban villages, as well as the construction and renovation of urban infrastructure, the restoration of urban ecosystems, and the protection and inheritance of urban historical and cultural heritage. These efforts aim to optimize urban structure, improve functions, preserve cultural heritage, and enhance quality.

Gold Price Prediction: XAU/USD Volatility Decreasing Above $1,860 Prior to US Inflation

Alina Haynes

Feb 13, 2023 14:32

截屏2022-06-07 下午5.15.45.png 

 

Gold price (XAU/USD) volatility is decreasing ahead of U.S. inflation data that could provide fresh momentum. The price of the precious metal is fluctuating above $1,860.00. Nonetheless, the downside appears to be preferred as market players' risk appetite plummets.

 

During the Asian session, the US Dollar Index (DXY) is battling to break above the crucial resistance level of 103.35. S&P500 futures have suffered more losses as quarterly earnings have dampened expectations for risk-perceived assets. In addition, the repeated destruction of unexplained flying objects by the Pentagon's radar has impacted market sentiment. The alpha generated by 10-year US government bonds has fallen below 3.74 percent.

 

The Federal Reserve (Fed) has reignited concerns about future interest rate hikes, which has frightened market sentiment. Patrick Harker, president of the Federal Reserve Bank of Philadelphia, anticipates that interest rates will exceed 5% this year, as inflation remains elevated. He believes that higher interest rates should be maintained for a longer period of time to attain price stability.

 

The announcement of the US Consumer Price Index (CPI) will provide reassuring information for interest rates. According to a Reuters survey, both the headline and core CPI are anticipated to increase by 0.4% on a monthly basis.


Suggestion