Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Thailand Inflation Remains Negative for 10th Straight Month in January 
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 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Gold prices soared in Asian trading on Monday, climbing back above the key $4,000 an ounce mark as the U.S. dollar weakened and investor attention turned to Congress’ progress toward ending the prolonged government shutdown. The precious metal also gained support from market optimism that the Federal Reserve could cut interest rates in December, despite ongoing uncertainty over the broader U.S. economic outlook.
Spot gold surged 1.4% to $4,053.72 per ounce, while December gold futures rose 1.3% to $4,062.45 by 23:43 ET (04:43 GMT). The rally reflected renewed investor demand for safe-haven assets amid political tensions and softening economic indicators.
The dollar’s mild decline provided further momentum to metal prices. A softer greenback typically boosts gold and other commodities by making them cheaper for foreign investors. Market sentiment was reinforced by expectations of a potential 25-basis-point rate cut from the Fed in December, supported by recent weak labor market data. According to CME FedWatch, traders priced in a 61.9% probability of such a move.
Recent Challenger job cuts data revealed the worst wave of layoffs in nearly two decades during October, intensifying fears of an economic slowdown. Analysts believe the Fed could step in to stabilize the job market and sustain growth.
Other precious metals also advanced on Monday. Spot platinum climbed 1.4% to $1,571.92 per ounce, while spot silver jumped 1.8% to $49.21 per ounce.
Meanwhile, investor sentiment brightened as the U.S. Senate voted 60-40 to advance a funding bill aimed at ending the nation’s longest government shutdown. The bill’s progress broke a Democratic filibuster and could soon reopen federal operations, paving the way for delayed economic data releases that may further influence Fed policy decisions.
