[MARKET UPDATE] Spot gold briefly touches the USD 5,200/oz level for the first time before pulling back from its new all-time highs
Gold's momentary touch of USD 5,200/oz marks a significant milestone and reflects strong demand, possibly driven by market uncertainty or inflation concerns.
Anthropic raises 2026 revenue forecast by 20% and sees sales to reach as much as USD 18bln this year and will hit USD 55bln next year, according to The Information
PBoC sets USD/CNY mid-point at 6.9755 vs exp. 6.9231 (Prev. 6.9858)
[MARKET UPDATE] Spot gold briefly touches the USD 5,200/oz level for the first time before pulling back from its new all-time highs
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Singapore Technologies Engineering (STE SP) posted a record SGD 18.7bln in contract wins for FY2025
PBoC is expected to set USD/CNY mid-point at 6.9231 (prev. 6.9858)
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The retreat from this peak may indicate profit-taking or a technical adjustment, warranting monitoring for any sustained pressure on prices or shifts in investor sentiment toward gold as a haven asset.
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