Gold prices in Saudi Arabia rose to 521.91 SAR per gram, reflecting its status as a safe-haven asset amid economic uncertainty. Central banks’ continued demand supports this upward trend. – vtmarketsmy.com
Gold remains a reliable investment during economic uncertainty, thriving when the dollar weakens. Central banks’ significant purchases signal strong demand, while traders position for potential Federal Reserve policy shifts in 2026. – vtmarketsmy.com
Gold prices are rising as a safe-haven asset amid weakening US Dollar and inflation concerns. Central banks continue to buy, indicating strong demand. Economic uncertainty favors gold’s upward trajectory. – vtmarketsmy.com
Gold prices in India surged to 12,602.59 INR per gram, driven by a weakening U.S. Dollar and rising central bank demand. Market volatility suggests traders should explore bullish gold strategies for potential gains. – vtmarketsmy.com
Gold prices in Malaysia have surged to 569.10 MYR per gram amidst central banks’ record purchases. A weaker US Dollar enhances gold’s allure, signaling potential profit opportunities for traders amid economic shifts. – vtmarketsmy.com
Japan’s Tertiary Industry Index rose 0.9% in October, signaling service sector recovery and raising interest rate hike expectations. This may strengthen the yen but pose challenges for Japanese equities. – vtmarketsmy.com
Silver trading shows promise as prices recover, supported by robust industrial demand and a weakening dollar. Traders should be cautious of resistance levels while capitalizing on recent bullish momentum. – vtmarketsmy.com
Australia’s job market weakened, losing over 21,000 positions in November. With the Reserve Bank possibly cutting rates, the Australian Dollar faces pressures from domestic data and global economic trends, particularly China. – vtmarketsmy.com
The NZD/USD dropped to 0.5780 due to weak Chinese retail data and uncertainties in global markets. Reserve Bank policies and US labor trends complicate the Kiwi’s outlook amid rising volatility. – vtmarketsmy.com
The RBNZ expects economic stability with steady rates at 2.25%, targeting inflation and employment. However, global downturns may prompt a rate cut, impacting the NZD/USD currency outlook. – vtmarketsmy.com
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