US Gas Market Poised for Supercycle: Bernstein Analysts 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Stock Futures Dip as Investors Await Key Payrolls Data 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
Wall Street Analysts Weigh in on Latest NFP Data 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
China's Refining Industry Faces Major Shakeup Amid Challenges 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
Bank of America Posts Strong Q4 2024 Results, Shares Rise 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Urban studies: Doing research when every city is different 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Gold gained momentum after weak US Producer Price Index data. US PPI dropped to 0.10% m/m vs. an Estimate of 0.20%. The annual PPI declined to 2.2% in Jul compared to a forecast of 2.3%.
The yellow metal surged to $2476 and is currently trading around $2466. Market eyes US CPI data for further movement.
Any soft CPI will push gold prices higher above $2500.
The annual headline inflation is expected to remain steady at 3%, while core inflation is anticipated to decline to 3.2%.
The near-term resistance is around $2475, any surge past will push the yellow metal to $249/$2500/$2510.
Intraday major support - $2450.
Short-term trend reversal level- $2350.
Minor support- $2420/$2400/$2378.
