[MARKET UPDATE] Spot gold tests USD 4,900/oz to the upside amid a continuation of the recent rebound
Gold prices testing the USD 4,900 per ounce level highlights ongoing bullish momentum in the market.
Shanghai Gold Exchange to adjust margin ratios to 17% (prev. 16%) for some gold and silver contracts, and widen the daily price limit to 16% (prev. 15%) as of the 4th February settlement.
French Finance Minister Lescure says that the 2026 budget will reduce the deficit to 5.0% from 5.4%, GDP growth of 1% so far in 2026 is a good start
[MARKET UPDATE] Spot gold tests USD 4,900/oz to the upside amid a continuation of the recent rebound
"Lebanon's Deputy Prime Minister to Al-Arabiya: The demarcation of the land border with Syria will begin soon"
Additional European Equity News
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This rebound can reflect safe-haven demand amid uncertain macroeconomic conditions and could suggest increased appetite for commodities as an inflation hedge. Traders should monitor this level closely, as a decisive break could lead to further upside or reinforce a shifting trend in market sentiment.
Related headlines
- [MARKET ANALYSIS] Asia-Pac stocks followed suit to the downbeat global risk appetite after oil prices surged and yields climbed amid the geopolitical escalation in the Middle East2 days ago
- [MARKET ANALYSIS] DXY takes a breather after recent advances, while the attention turns to US CPI2 days ago
- [MARKET ANALYSIS] Treasuries remained subdued after sliding yesterday and with the 10yr yield nearing 5% after oil surged2 days ago
- [MARKET ANALYSIS] Oil prices paused overnight after surging again yesterday as escalation between Saudi and Houthis threatens shipping in the Bab al-Mandab 2 days ago
- [MARKET UPDATE]: Crude rallies, weighing on stocks and T-notes, supporting the dollar on little fresh news but does follow Iranian media echoing earlier reports about Houthis and Bab al-Mandab Strait2 days ago
- Newsquawk Weekly US Earnings Estimates: 14-18th September 2026: LEN the only earning all week1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print1 day ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- JPMorgan revises Fed forecast and now sees hikes in September and December1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- US EQUITY OPEN: US indices reverse initial CPI losses1 day ago
- Newsquawk European Market Wrap - 11th September 20261 day ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20261 day ago
- Newsquawk Daily Economic Releases - 14th September 20261 day ago
- [MARKET UPDATE] Action seen after US CPI has reversed, with XAU above pre-data levels, USD under pressure while fixed income and equity futures have entirely reversed the move and are extending to the upside1 day ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded1 day ago
- US PREMARKET MOVERS: ORCL, ADBE, ACVA, KR, RH, CELH, GME, NVO, SMR1 day ago
The whole workspace, free to try.
Try it free