About: anakin
Recent Posts by anakin
Gold prices in the United Arab Emirates experienced stability, remaining largely unchanged throughout the day.
Gold prices in UAE remained stable; central banks increased reserves, influencing prices amid economic and geopolitical factors.
According to Reuters, the PBOC will likely set the USD/CNY reference rate at 7.2727.
The PBOC sets a daily yuan midpoint, allowing a +/- 2% trading band, with interventions to manage volatility.
A spokesperson from China’s NPC expressed readiness to address US concerns via dialogue and consultation.
China urges dialogue, rejects threats, and seeks fair trade while reaffirming sovereignty and mutual respect amid tariffs.
The CEO of Goldman Sachs, Solomon, believes a 2025 US recession is unlikely but possible.
David Solomon believes a U.S. recession by 2025 is unlikely but possible, highlighting fiscal spending’s economic impact.
Amid trade and geopolitical concerns, investors drive gold prices up over 1% as the dollar weakens.
