Gold prices are gaining more than 0.7% today and even though the scale of the move does not seem particularly impressive, it is surely worth to watch. Markets are generally in a risk-off mood today as US stock indices plunged. The uncertainty is also reflected by plummeting US bond yields. US 10-year Treasury yield fell towards 1.25%. On the other hand, the ongoing rebound on EURUSD may be associated with the ECB’s strategy review.
GOLD continues to rebound, even though the price fell below $1,800 an ounce for a while today. The rally is supported by tumbling US bond yields (rising TNOTE price). Source: xStation5
NATGAS surges 5% reaching 3-year high ๐
3 markets to watch next week (05.12.2025)
Daily Summary: Market treads careful, awaits inflation and FED
๐ข๏ธ Natural Gas Close to $5