South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Gold prices slipped in Asian trading on Thursday, extending recent losses as risk appetite surged following a U.S. federal court ruling against President Donald Trump’s trade tariffs. The decision triggered a rally in risk-driven assets and strengthened the U.S. dollar, weighing heavily on gold and other metals.
Spot gold dropped 0.5% to $3,273.19 per ounce, while August gold futures fell 0.8% to $3,297.25 by 00:47 ET (04:47 GMT). The precious metal is down 2.5% so far this week, pressured by profit-taking after hitting record highs last week and a strengthening dollar.
The U.S. Court of International Trade ruled that Trump exceeded his authority by imposing broad trade tariffs, stating that only Congress can approve such measures. Although the White House immediately appealed the ruling, markets responded with optimism that the tariff agenda might stall, boosting risk sentiment and hurting traditional safe-haven assets like gold and the Japanese yen.
The dollar rallied on hopes that reduced trade uncertainty could support the U.S. economy, further limiting gains in metal markets. Platinum futures inched up 0.2% to $1,080.10, and silver futures gained 0.5% to $33.328 per ounce. Copper futures also saw modest increases, with London Metal Exchange contracts up 0.2% to $9,586.20 per ton and U.S. copper futures rising to $4.6958 per pound.
Investors now await revised U.S. Q1 GDP data due Thursday, after preliminary figures showed an unexpected economic contraction that initially supported gold. The Federal Reserve's latest meeting minutes also revealed ongoing concerns over the economic outlook, adding further uncertainty to market direction.
