Gold news

The US Federal Reserve cut the Federal Funds Rate by 25 basis points

A look into how gold, the Nasdaq 100 and GBPUSD are trading during a busy week of ok key earnings reports and central bank meetings.

Gold prices have plunged nearly 10% from record highs, with progress in US-China trade talks weighing on the yellow metal.

Markets brace themselves for a busy week ahead with key focus on trade talks, the FOMC meeting and key earnings including MAG7 companies

Consumer inflation remained unchanged at 3.8% in September despite forecasts of a rise, leading markets to price in higher odds of rate cuts from the BoE

Precious metals are facing a heavy selloff on Tuesday as Trump confirms that he will meet with Xi Jinping later this month, calming some of the nerves around trade tensions

Markets continue to weigh the possibility of further escalation in the US/China trade dispute but optimism continues as earnings remain strong

Renewed tensions between China and the US weigh on market sentiment, with gold and silver receiving another boost

A spike in US and China trade tensions over rare earths has ignited fresh volatility.

Traders react with cautious optimism to the news of a ceasefire between Hamas and Israel as the US government shutdown continues to cloud the outlook for rates