Gold prices fell below the key $4,300 level, pressured by a stronger U.S. dollar and rising bond yields following the Federal Reserve's recent rate hike. Despite this, BMO Capital Markets highlights robust investment demand, especially from ETFs and physical markets in India and China, supporting gold's resilience. The bank notes a weakening link between gold prices and bond yields, driven by concerns over currency debasement and U.S. fiscal sustainability. Looking ahead, gold may face near-term challenges from further Fed tightening, but physical and investment demand provide a solid foundation for prices.
Gold price developments provide context for this market snapshot from Pluang. For readers following gold-related assets, here is Pluang's market snapshot as of Sep 24, 2026 00:03 WIB: Among 150 priced US stocks, 45 rose and 105 fell today. Notable movers include GFI (Gold Fields Limited) at USD 40.58 with a 1-day change of -5.54% and a typical hold time on Pluang of 48 days, where order activity was 35% Sell and 65% Buy; LCID (Lucid Group Inc) at USD 4.09, down 5.21%, with 98% Sell order activity; and UMC (United Microelectronics Corp) at USD 24.43, down 5.18%, with 70% Sell order activity.
Costco Wholesale announced $93.9 billion in net sales for its fiscal Q4, up 11.3% from last year, with comparable sales rising 9.4%. The full earnings report on September 24 will reveal membership fees, total revenue, expenses, and profit details. An...
Jefferies reaffirmed its Buy rating on Life Time Group Holdings (LTH), citing a positive earnings outlook supported by a Zacks Rank of #2. The stock trades around $38.85 with a market cap near $8.68 billion. Despite this optimism, Executive Vice Pres...
Vanguard's International Dividend Appreciation ETF (VIGI) mirrors the popular U.S. dividend growth ETF (VIG) but invests globally, offering a 44% higher yield. While VIG focuses on U.S. companies with a long history of dividend increases, VIGI target...
Coeur Mining Inc., a U.S.-based precious metals producer with operations across North America, officially celebrated its new listing on the Toronto Stock Exchange (TSX). The company's Chairman and CEO, Mitchell J. Krebs, along with other executives, ...
Miivo AI Inc. announced its participation in the Muskoka Capital Event from September 25-27, 2026, where it will hold 18 scheduled meetings with institutional investors and high-net-worth individuals. The event aims to foster long-term capital relati...
