Gold prices have held above $4,100 an ounce but are expected to remain range-bound through the summer due to ongoing Middle East conflicts and inflation pressures. Metals Focus analysts highlight that higher energy prices and persistent inflation, partly driven by AI investments, are prompting the Federal Reserve to maintain a tightening stance, limiting gold's bullish breakout potential. Physical gold demand is weak in summer months, especially in key markets like China and India, though modest improvements are noted. The firm expects gold to rally later in Q3 as rate hike expectations ease, supported by geopolitical risks, US dollar concerns, and stretched equity valuations, keeping gold a vital safe-haven and portfolio diversifier.
NIRI Florida has announced its Board of Directors for the 2026-2027 term, with Charlotte Murnan appointed as President. The board includes professionals from various companies, focusing on growing membership and delivering valuable programming for in...
7th Avenue, a Los Angeles-based modern furniture brand, has opened its first showroom on Long Island at Walt Whitman Shops in Huntington Station, New York. This 1,206-square-foot experiential space allows customers to try and customize modular sofas ...
SK Hynix, a trillion-dollar South Korean chipmaker, will start trading on Nasdaq under the ticker SKHY on July 10, marking its first US listing. Following this, GraniteShares will launch two ETFs on July 13: a 2x long ETF (SKUU) and a 2x short ETF (S...
Netflix is set to report its Q2 earnings on July 16, with Jefferies maintaining a Buy rating and a $110 price target. The brokerage expects steady revenue growth of 12% year-over-year for Q2 and Q3, in line with market expectations, but sees limited ...
Vishay Intertechnology introduced the VOMHA43A, a high-speed automotive optocoupler in a narrow 3.6 mm SOP-5 package that saves PCB space while enhancing signal quality. It offers industry-leading common mode transient immunity of 40 kV/µS and a peak...
