Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold prices edged lower in Asian trading on Friday, poised for their first weekly decline in ten weeks, as investors booked profits following recent record highs and awaited crucial U.S. inflation data. Spot gold fell 0.4% to $4,109.55 per ounce at 01:35 ET (05:35 GMT), while U.S. gold futures slipped 0.5% to $4,123.70. The yellow metal had surged to an all-time high of $4,381.29 earlier in the week before retreating more than 5% on Tuesday.
Despite its impressive nine-week rally, gold was on track for a 3% weekly loss, driven by profit-taking and improving market sentiment after signs of easing U.S.-China tensions. Analysts noted that the pullback was natural following record-breaking gains, especially as investors awaited key economic data that could shape the Federal Reserve’s next move.
The White House confirmed that President Donald Trump will meet Chinese President Xi Jinping in South Korea next week, boosting hopes of a thaw in trade relations between the world’s two largest economies. Meanwhile, traders were focused on the delayed U.S. Consumer Price Index (CPI) report for September, seen as pivotal for the Fed’s policy outlook. Markets largely expect a 25-basis-point rate cut at the upcoming meeting, but the CPI outcome could sway sentiment. A softer reading could bolster gold by reinforcing expectations of monetary easing, while a stronger print might strengthen the dollar and Treasury yields, pressuring bullion.
The dollar held firm, on pace for a weekly gain, making gold more expensive for non-U.S. buyers. Nonetheless, analysts remain optimistic about gold’s long-term prospects, citing lower rate expectations and persistent geopolitical uncertainty.
Other metals also traded weaker, with silver futures down 1% at $48.13, platinum steady at $1,594.60, and copper slipping 0.5% to $10,832.20 per ton. China’s new five-year economic plan, emphasizing technological self-reliance and domestic demand, offered some optimism for future industrial growth.
