Live Updates

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

China’s November economic data fell short of expectations, impacting the Australian Dollar’s performance. With fluctuating iron ore prices and a steady RBA, traders face a mix of regional and global market pressures. – vtmarketsmy.com

China’s industrial production grew 4.8% in November, missing estimates, signaling slow growth. Meanwhile, markets reacted to a Fed rate cut, impacting commodities, currencies, and cryptocurrencies like Solana and Aave. – vtmarketsmy.com