Asian Stocks Hit Record High as Strong U.S. Jobs Data Tempers Fed Rate Cut Hopes 
UK House Prices Hold Steady in February as Rightmove Reports Post-Budget Market Stability 
Gold Prices Steady as Markets Await Key U.S. Inflation Data 
U.S. Stock Futures Edge Higher Ahead of Holiday as Investors Await Key Economic Data 
MOEX Russia Index Closes Flat as Gold Surges and Ruble Strengthens 
Japan Signals Openness to Gradual BOJ Rate Hikes as Deflation Era Ends 
Asian Markets Slip as Tech Stocks Tumble Ahead of Key U.S. Inflation Data 
Asian Currencies Trade in Tight Range as Dollar Steadies; Yen Slips on Weak Japan GDP 
U.S. Stocks End Mixed as January CPI Cools, Treasury Yields Slide 
U.S. Inflation Cools in January as Gas Prices Fall, Core CPI Signals Sticky Price Pressures 
BOJ Governor Ueda Meets PM Takaichi as Markets Eye Possible Rate Hike 
Oil Prices Steady but Head for Weekly Loss as Supply Glut Concerns Weigh 
Gold Prices Steady Above $5,000 as Markets Eye Fed Minutes and PCE Inflation Data 
ECB Expands Euro Liquidity Backstop to Strengthen Global Role of the Euro 
Oil Prices Steady as Iran-U.S. Nuclear Talks and OPEC+ Output Plans Shape Market Outlook 
Fed Governor Stephen Miran Warns Tight Monetary Policy Threatens U.S. Economic Growth 
Gold and Silver Prices Slip After Strong U.S. Jobs Data, Fed Rate Cut Bets Fade 
Gold and silver prices edged lower on Tuesday, extending losses from the previous session as investors turned cautious ahead of major U.S. economic data releases and the Federal Reserve’s January meeting minutes. Thin trading volumes due to market holidays in both China and the United States contributed to subdued activity, while a stronger U.S. dollar added pressure on precious metals.
Spot gold declined 0.3% to $4,978.39 per ounce, while April gold futures also fell 0.3% to $4,996.69 per ounce. Silver prices experienced sharper losses, with spot silver down 0.9% to $76.0400 per ounce. In contrast, platinum prices bucked the trend, rising 0.5% to $2,030.61 per ounce.
The modest rebound in the U.S. dollar weighed heavily on gold and silver, as a stronger greenback typically makes dollar-denominated commodities more expensive for overseas buyers. At the same time, safe-haven demand remained present amid geopolitical tensions, particularly surrounding upcoming nuclear talks between the United States and Iran. Reports suggest Washington is increasing military pressure on Tehran in an effort to secure a diplomatic agreement, keeping investors on edge.
Market attention is now firmly focused on upcoming U.S. economic indicators. Industrial production data is scheduled for release on Wednesday, alongside the Federal Reserve’s meeting minutes, which could offer fresh insights into policymakers’ stance on inflation and interest rates. Later in the week, the Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, will be closely monitored for signals on future monetary policy.
Recent uncertainty around U.S. interest rate policy has weighed on gold prices, especially following President Donald Trump’s nomination of Kevin Warsh as the next Federal Reserve Chair. Warsh is widely seen as less dovish, prompting profit-taking after gold surged to record highs in January. Meanwhile, mixed economic data showed cooling inflation alongside improving labor market conditions, further complicating the outlook for precious metals investors.
