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Gold prices hit a record $3,547/oz amid U.S. tariff uncertainty and global fiscal worries. Dollar rebound limits gains, while copper nears $10,000 on China hopes.
European stocks climb with Stoxx 600 up 0.4% and Novo Nordisk rising 2.8% after Wegovy shows stronger heart benefits than Eli Lilly’s rival drug.
Oil prices climb with Brent at $68.03 and WTI at $64.49 as Russian supply risks resurface, despite demand concerns from China and rising OPEC+ output.
Silver futures break $40 to close at $40.72, driven by Gann cycles and strong investor demand. Key buy and sell zones show traders’ next moves.
Gold prices jump 5% in August, reaching $3,468 on Fed rate cut bets and dollar weakness. Investors eye jobs data and trade tensions for next moves.
Gold hovers near $3,400/oz as traders price in an 85% chance of a Fed rate cut in September. Strong Q2 U.S. GDP and upcoming PCE inflation data add uncertainty.
EUR/USD trades above 1.1650 as upbeat U.S. GDP and jobless claims fail to lift the dollar. Political uncertainty in France keeps euro recovery in check.
Bitcoin rises 1.2% to $111K after hitting a 7-week low below $109K. Fed independence worries and Trump Media’s new crypto venture fuel market volatility.
FTSE 100 dips 0.04% as pound drops 0.3%. Ofgem raises energy price cap, Rio Tinto restructures, Prudential surges, JD Sports struggles, Hochschild tumbles.
Oil prices rise 0.4% after a 2% drop, as U.S. tariffs on India double to 50% and U.S. crude stockpiles fall less than expected, fueling market uncertainty.
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