Gold prices briefly rose above $4,200 but fell back below $4,160 as inflation concerns, a strong U.S. dollar near an 18-month high, and elevated Treasury yields weigh on the market. Investors await Wednesday's U.S. Consumer Price Index report for clues on inflation trends and Federal Reserve rate hikes. Despite geopolitical tensions and safe-haven demand, gold faces pressure from expectations of tighter monetary policy due to persistent inflation and high bond yields. Silver also struggles to maintain gains amid similar headwinds. The market's direction hinges on upcoming inflation data, which could either ease or intensify selling pressure on precious metals.
Gold prices and inflation concerns provide context for Pluang's market snapshot as of Oct 12, 2026 19:13 WIB: out of 150 priced US stocks, 77 rose and 66 fell today. Intel Corp (INTC) traded at USD 103.13 with a 1-day change of -1.50%. Firy Inc. (FIRY) gained 1.49% to USD 12.25, while Marvell Technology Inc (MRVL) dropped 1.47% to USD 271.22.
Alignment Health Plan introduced Central Health Harmony, a new Medicare Advantage plan starting January 1, 2027, targeting Asian American seniors in Los Angeles and Orange counties. The plan offers access to over 600 physicians who speak Chinese, Kor...
NVIDIA and Cisco have introduced Ultra-Dense Small Form Factor Pluggable (USFP), a new optical module supporting 400Gb/s per lane, enabling up to 12.8Tb/s capacity for AI data centers. This technology doubles bandwidth per lane and increases power ef...
Hasbro announced the fourth annual Women Innovators of Play Design Challenge, accepting submissions from October 15 to November 20, 2026. The program now includes year-round in-person networking events alongside the design competition, aiming to conn...
Micas Networks introduced three new 102.4 Tbps open Ethernet switch platforms based on Broadcom Tomahawk 6 technology, designed to enhance AI factory networks. The portfolio includes air-cooled 800G, liquid-cooled 1.6T, and co-packaged optics (CPO) s...
Ferrari N.V. has repurchased 43,000 of its common shares on Euronext Milan as part of the third tranche of its multi-year €3.5 billion share buyback program announced in 2025. The recent purchases, totaling nearly €14.8 million, are part of a broader...
