Gold prices experienced a volatile week, initially rising due to Middle East geopolitical tensions but later falling as a stronger U.S. dollar, higher Treasury yields, and inflation fears tied to the U.S.-Iran conflict weighed on the market. The metal dropped below $4,400 midweek but rebounded after reports of progress toward a U.S.-Iran ceasefire and softer Treasury yields, closing the week near $4,540 per ounce. Analysts remain cautiously optimistic, noting that gold's trajectory depends on developments in U.S.-Iran negotiations, inflation data, and Federal Reserve policy decisions expected in the coming weeks. Investors are advised to watch key economic reports and Fed meetings for clearer direction on gold's future movement.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
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Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
