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U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
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 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Gold prices climbed sharply in Asian trading on Tuesday, extending a rally that has pushed bullion to a series of record highs. The surge reflects growing investor anxiety over U.S. trade policies under President Donald Trump, escalating geopolitical tensions, and cautious sentiment ahead of a key U.S. Federal Reserve meeting. Together, these factors have strengthened safe-haven demand for gold and other precious metals.
Spot gold rose 1.1% to around $5,062.97 per ounce in early Asian hours, while April gold futures slipped slightly to $5,098.26 per ounce. Despite the marginal pullback in futures, spot gold remained near historic levels after hitting a record high of $5,111.11 per ounce on Monday. The strong performance highlights gold’s role as a hedge during periods of global uncertainty and market volatility.
Other precious metals also posted solid gains. Spot silver jumped nearly 4% to about $107.94 per ounce, after briefly touching a record high above $111 per ounce. Platinum prices climbed 2.7% to roughly $2,656.27 per ounce, reflecting broad-based strength across the metals complex as investors sought alternatives to riskier assets.
Market nerves have been fueled by renewed trade tensions, particularly after President Trump threatened aggressive tariffs against several U.S. allies. These included warnings of 100% tariffs on Canada over potential trade links with China, as well as an increase in tariffs on South Korean goods to 25%. Although Trump eased some rhetoric regarding Europe and Greenland, uncertainty over future policy moves continues to weigh on global markets.
Geopolitical risks have further supported gold prices, with heightened tensions in Iran and the Middle East following the arrival of U.S. naval assets in the region. Analysts note that such risks, combined with economic and political uncertainty, have broadened gold’s appeal across regions and investor profiles, including strong interest from China and India.
Reflecting this backdrop, Singapore-based OCBC raised its 2026 gold price forecast to $5,600 per ounce, citing sustained demand for safe-haven assets. While short-term profit-taking could trigger brief pullbacks, the long-term outlook for gold remains supported by persistent global uncertainty.
