Gold just hit a record $5,000. What’s driving the surge?
Gold prices surged beyond $5,000 per ounce for the first time late Sunday, as investors rushed to the safe-haven asset as concern spread that US President Donald Trump is upending relations with key allies, from Europe to Canada. In this year’s first 26 days, the price of gold has jumped 15%; a historic rally that […]
India-Pakistan Tensions Escalate, Gold Price Breaks Through $3,400 per Ounce
On Wednesday, geopolitical tensions between India and Pakistan intensified sharply. The Indian military announced precision strikes on infrastructure within Pakistan and Pakistan-controlled Kashmir, prompting Pakistan to vow retaliation. Driven by rising geopolitical risks and ongoing Sino-US economic uncertainties, gold prices extended their gains, with spot gold breaking above $3,400 per ounce to hit a fresh […]
U.S. and U.K. Reach Trade Deal, U.S. Stocks Close Higher
Former President Trump announced a trade agreement with the United Kingdom, stating the deal would increase market access for American goods in Britain. Natalie Andrews, a reporter for The Wall Street Journal, analyzed the details of the tariff adjustments within the framework of the agreement. U.S. stock markets closed higher on Thursday following an address […]
TSMC Share Price Falls, Chairman C.C. Wei Steps In to Stabilize Market
Taiwan’s tech powerhouse and “guardian of the nation’s semiconductor industry,” TSMC, faced a significant stock slump. Impacted by Trump’s tariff policies, the Taiwanese stock market experienced sharp fluctuations in April, and even TSMC could not withstand the pressure. The company’s share price dropped to NT$780, hitting its lowest point in nearly a year. In response, […]
Mounting Dollar Depreciation Pressure as Japanese Investors Reduce U.S. Bond Holdings
The depreciation of the U.S. dollar has only just begun. Nomura points out that Japanese investors’ risk of reducing U.S. bond holdings is significantly greater than that for stocks, with insurance companies playing a key role. The dollar share in foreign securities investments of nine major life insurance companies has reached a record high of […]