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HSBC expects gold prices to rise by end-2026 despite current pressure from US yields and a strong dollar.

Market News
03 Jul 2026
Kitco
View Source
Bullish
pluang ai news

HSBC analysts say gold prices have been limited recently by rising US Treasury yields and a stronger dollar, which increase the cost of holding non-yielding assets like gold. However, they expect gold to gain by the end of 2026 due to growing demand for portfolio diversification, central bank purchases, and steady ETF inflows. Gold's role as a safe haven and diversifier remains strong despite recent price moves that tracked equities during geopolitical tensions. HSBC maintains a bullish outlook on gold's medium- to long-term prospects amid ongoing global economic uncertainties and de-dollarization trends.

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Canada signs Cooperative Prosperity Agreement and proposes $35-44B west coast oil pipeline to boost resource economy.

Canada signs Cooperative Prosperity Agreement and proposes $35-44B west coast oil pipeline to boost resource economy.

Canada's federal government and British Columbia have signed the Cooperative Prosperity Agreement, aiming to unlock over $200 billion in new investments focused on natural resources like LNG, critical minerals, and infrastructure. Concurrently, Alber...

Market News
Bullish
1 hour ago
Crédit Agricole raises stake in Banco BPM to 29.3%, reinforcing its long-term partnership.

Crédit Agricole raises stake in Banco BPM to 29.3%, reinforcing its long-term partnership.

Crédit Agricole has increased its ownership in Banco BPM to 29.3%, surpassing the 25% threshold through market purchases and derivatives. This move reflects Crédit Agricole's commitment as a long-term investor supporting the Italian economy and stren...

Company Fundamentals
Bullish
1 hour ago
BlackRock reduces direct voting rights in Umicore below 5% as of June 30, 2026.

BlackRock reduces direct voting rights in Umicore below 5% as of June 30, 2026.

BlackRock, Inc. notified Umicore on July 1, 2026, that its direct voting rights in the company fell below the 5% legal threshold on June 30, 2026. After the transaction, BlackRock holds 4.97% direct voting rights and 0.68% equivalent financial instru...

Market News
Neutral
3 hours ago
BlackRock's direct voting rights in Umicore fall below 5% as of June 30, 2026.

BlackRock's direct voting rights in Umicore fall below 5% as of June 30, 2026.

BlackRock, Inc. notified Umicore that its direct voting rights dropped below the 5% threshold on June 30, 2026, holding 4.97% direct voting rights and 0.68% through equivalent financial instruments, totaling 5.65%. This disclosure complies with Belgi...

Market News
Neutral
3 hours ago
BlackRock's voting rights in Umicore dip below 5% as of June 30, 2026, totaling 5.65% including financial instruments.

BlackRock's voting rights in Umicore dip below 5% as of June 30, 2026, totaling 5.65% including financial instruments.

BlackRock, Inc. has notified Umicore that it crossed below the 5% threshold of direct voting rights on June 30, 2026, holding 4.97% directly. Including equivalent financial instruments, BlackRock's total voting rights amount to 5.65%. This disclosure...

Market News
Neutral
3 hours ago
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