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Gold price (XAU/USD) holds positive ground near $5,000 during the early Asian session on Friday. The precious metal edges higher as escalating tensions between the United States (US) and Iran boost safe-haven demand. Traders brace for the preliminary reading of US Gross Domestic Product (GDP) for the fourth quarter (Q4), the Personal Consumption Expenditures (PCE) and the S&P Global Purchasing Managers Index (PMI) data, which are due later on Friday.US President Donald Trump said on Thursday that Iran had 10 to 15 days at most to strike a deal over its nuclear program, per Bloomberg. Trump added that “really bad…
It looks unlikely that the U.S. would try destroying Iranian oil infrastructure because the Trump administration has talked about bringing energy prices down, says strategist
19 February 2026 Dear Customers, Demand for physical precious metals remains elevated, and replenishing stock continues to be challenging. However, through increased staffing, overtime efforts, and enhanced automation, we are beginning to reduce our order and customer support backlog. Minimum Order Requirements With immediate effect, we are reducing our minimum order requirements as follows: Buy orders containing BSP products only: SGD 250 (or equivalent in other currencies) Buy and sell orders containing physical precious metals products other than BSP: SGD 1,500 or equivalent. Vault storage sell orders are exempted from minimum order requirements. Order, Payment & Customer Support Enquiries Please…
The Australian Dollar (AUD) surrenders a majority of its early gains and flattens to near 0.7045 against the US Dollar (USD) during the European trading session on Thursday. The Aussie pair attracted significant bids earlier in the day after the release of the Australian labor market data for January.The data showed that job conditions were mixed as the jobless rate remained lower, while fresh labor additions were modest. The Unemployment Rate came in steady at 4.1% against estimates of 4.2%. Fresh jobs created by the Australian economy were 17.8K, lower than estimates of 20K and the prior reading of 68.5K,…
Andy Constan says the rest of the world now offers more opportunities.
Silver price (XAG/USD) extends its early advance to near $76.30 during the European trading session on Wednesday. The white metal trades firmly ahead of the release of the Federal Open Market Committee (FOMC) minutes of the January policy meeting at 19:00 GMT.Investors will pay close attention to FOMC minutes to get fresh cues on the United States (US) interest rate outlook. In the policy meeting, the Federal Reserve (Fed) announced a pause in the monetary easing cycle after three consecutive rate cuts and signaled a data-dependent approach for upcoming policy meetings.Currently, the CME FedWatch tool shows that the Fed will…
“As the children grew, life became more complicated.”
The Dow Jones Industrial Average (DJIA) fell around 120 points, or 0.24%, on Tuesday as investors returned from the Presidents’ Day holiday and picked up right where they left off: selling tech. The S&P 500 shed roughly 0.5% while the Nasdaq Composite led losses, dropping around 0.8% as software and semiconductor names bore the brunt of ongoing AI disruption anxiety. The session continued a pattern that has dogged markets for weeks: the Dow and S&P 500 have now fallen in four of the past five weeks, and the Nasdaq notched its fifth straight weekly decline heading into this week. A…
U.S. stock futures were little changed late Monday, following another brutal week for tech stocks.
UOB Global Economics & Markets Research highlights that Malaysia’s final 4Q25 GDP grew 6.3% year‑on‑year, the fastest since 4Q22, lifting full‑year 2025 growth to 5.2%, above the official 4.0%–4.8% range. Growth was driven by domestic demand, exports, tourism and AI‑related tech. UOB expects real GDP to slow to 4.5% in 2026 and Bank Negara Malaysia to keep the OPR at 2.75%.Robust 2025 gives way to slower 2026″Malaysia’s final 4Q25 GDP surprised on the upside, growing 6.3% y/y (advance est: +5.7%; 3Q25: revised upwardly to +5.4% from +5.2%), the fastest quarterly expansion since 4Q22.””For the full year of 2025, Malaysia’s economy…