Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
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 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Gold prices surged to a record high on Tuesday as investor concerns over U.S. President Donald Trump’s upcoming reciprocal tariffs fueled fears of rising inflation and slowing economic growth. Spot gold climbed 0.6% to $3,142.83 per ounce by 0310 GMT, after reaching a historic peak of $3,145.38 earlier. U.S. gold futures also advanced, gaining 0.7% to $3,171.80.
The rally comes on the heels of gold's strongest quarterly performance since 1986, highlighting its appeal as a safe-haven asset during periods of economic and geopolitical uncertainty. Market sentiment has shifted toward defensive positioning ahead of Trump’s planned announcement of sweeping tariffs on April 2, dubbed “Liberation Day,” which will reportedly target all nations.
IG market strategist Yeap Jun Rong noted that while technical indicators suggest gold may be overbought in the short term, ongoing uncertainty could push prices toward the $3,200 level. The tariffs, particularly those targeting the automobile sector from April 3, are being closely watched by investors seeking to hedge against market volatility.
Gold’s momentum is further supported by the low-interest-rate environment, which reduces the opportunity cost of holding non-yielding assets like bullion. New York Fed President John Williams emphasized that maintaining current interest rates for now allows policymakers to assess incoming economic data before adjusting their stance.
Investors are also eyeing key U.S. labor data this week, including job openings, the ADP employment report, and Friday’s non-farm payrolls, which could influence the Federal Reserve’s future rate-cut decisions.
Meanwhile, silver edged up 0.2% to $34.13 per ounce, platinum remained steady at $992.70, and palladium rose 0.8% to $990.34, reflecting broad demand for precious metals amid global uncertainty.
