Joachim Nagel, President of Deutsche Bundesbank, highlighted gold's growing role in central bank reserves due to geopolitical uncertainty, rising sovereign debt, and financial sanctions risks. Gold's share in reserves has increased from 14% to nearly 25%, valued for its independence from issuers and immunity to sanctions. Despite resilient global growth, inflation remains a concern, especially with rising energy prices from Middle East conflicts. Nagel emphasized that gold will continue to be a key asset for central banks seeking diversification and safety amid economic and geopolitical challenges.
Central banks' increasing focus on gold amid geopolitical risks provides context for Pluang's market snapshot. For readers following the broader market, as of Oct 05, 2026 21:41 WIB, out of 150 priced US stocks tradable on Pluang, 81 rose and 67 fell. Notable movers include FuelCell Energy Inc (FCEL) at USD 17.51 with a 1-day change of -5.20%, Unity Software Inc (U) at USD 45.79 up 5.00%, and Shopify Inc. (SHOP) at USD 158.31 up 4.57%.
BNP Paribas Exane raised NVIDIA's price target from $285 to $345 due to strong demand for its AI chips, signaling potential upside of about 45.6% from the current price. NVIDIA shares have gained about 25% in 2026, driven by growth in AI infrastructu...
Raymond James increased its price target for SBA Communications to $271 from $264, signaling a 68.6% upside from the current share price of $160.74. The growth is driven by rising mobile data demand, network expansions by wireless carriers, and stead...
Novavax shares surged 22% following Sanofi's rollout of the Nuvaxovid COVID-19 vaccine for the fall season, giving Novavax a commercial boost through its licensing deal. Unlike Moderna and BioNTech, Novavax earns royalties from Sanofi's sales rather ...
Hedera (HBAR) price has fallen about 23% from its late-September high near $0.131 to around $0.101, testing key support at $0.10. Daily charts show weaker momentum, but weekly indicators remain bullish, suggesting potential for recovery if $0.10 supp...
Bitcoin's price has become more closely linked to U.S. stock market movements as its correlation with equities has increased again after nearly two months of independence. This change means Bitcoin is now more exposed to declines when U.S. stocks fal...
