Gold prices dropped despite weekend bombings in Riyadh and geopolitical tensions, as three central banks raised interest rates within eight days. Minneapolis Fed President Neel Kashkari's comments on broad-based inflation reinforced expectations of further rate hikes, weakening gold's safe-haven appeal. Although oil prices fell, this did not translate into lower yields or softer Fed rhetoric, limiting gold's recovery. Indian gold demand softened, while Chinese buyers continued accumulating on dips, providing some support but not enough to reverse the downtrend. Market watchers await upcoming inflation data and central bank statements for clues on future rate moves and gold's direction.
Gold prices face selling pressure amid rate hikes, with 107 of 150 US stocks on Pluang rising and 33 falling as of Sep 21, 2026 14:41 WIB. Among notable movers are Hewlett Packard Enterprise Co (HPE) at USD 61.85 with a 1-day change of +1.83%, Barclays PLC (BCS) at USD 25.32 up 1.81%, and Grab Holdings Ltd. (GRAB) at USD 2.84 up 1.61%. This snapshot provides context for market activity during ongoing monetary tightening.
Eco (Atlantic) Oil & Gas Ltd saw its shares rise 8% to 45.20p following a deal with Navitas Petroleum, which involved a $4 million payment and a stake sale in an offshore South Africa gas block. Navitas acquired a 37.5% interest in Block 1 CBK and wi...
Iran has indicated it may reopen the Strait of Hormuz within seven days if the US reduces military pressure and lifts its port blockade. Following these signals, oil prices fell sharply, with WTI crude dropping over 2.5% to $89 a barrel and Brent cru...
SanDisk CEO David Goeckeler sold over 67,000 shares in September, raising more than $104 million from insider sales. Despite this significant insider selling, Wall Street analysts remain bullish on SanDisk stock, rating it a 'Strong Buy' with an aver...
Zcash surged about 32% in a week, reaching its highest price since 2016, driven by more than just its privacy features. Mert Mumtaz, CEO of Helius, argues that Zcash's rally is due to its broader appeal as a complete store of value, which includes pr...
Dogecoin (DOGE) has broken out of a bullish cup-and-handle pattern, signaling a potential 30% price rally to around $0.128. This breakout follows a 50% rebound over the past month and is supported by rising trading volumes and reclaiming key moving a...
