Metals complex corrects as dollar strengthens to 97.14 vs 96.45 on Friday
Metals complex corrects as dollar strengthens to 97.14 vs 96.45 on Friday
The FTSE 100 fell sharply at the open, dropping 58 points, or 0.57%, to 10,167 as the sell-off across commodities fed through to UK equities.
Stocks across Asia tumbled overnight as a brutal sell-off in gold and silver rippled through global markets, dragging equities lower and denting risk appetite.
Stocks in London are set to open sharply lower on Monday as investors digest violent losses across precious metals markets.
Gold corrects after hitting $5,635/oz alongside wider metals spectrum as Kevin Warsh takes poll-position for Fed chair
Stocks in London are set to open slightly higher on Friday as investors weigh geopolitical risks, a busy economic calendar and an imminent announcement from US President Donald Trump on
The FTSE 100 touched a fresh record high on Thursday, briefly reaching a 52-week high of 10,277.72 points.
Gold jumps over $5,500/oz as Powell cautions on US deficit
London stocks are set to open higher on Thursday, buoyed by the US Federal Reserve’s latest policy decision and a renewed surge in gold prices.
Gold extended its record-breaking rally on Thursday, surging past $5,500 an ounce as investors piled into safe-haven assets amid mounting geopolitical and economic strains.
Tether reports >140 tons of gold as stablecoin issuer buys 1 ton a week
UK stocks were little changed in early trading, as uncertainty around currency markets weighed on sentiment.