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Gold prices rose in Saudi Arabia on Monday, according to data compiled by FXStreet.
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Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Saudi Arabia on Monday, according to data compiled by FXStreet. -
Philippines Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Philippines on Monday, according to data compiled by FXStreet. -
US-China Trade: New Trade Escalation Turns Focus to Xi-Trump Meeting
On Friday, Trump threatened China with 100% tariffs on top of the existing rates as a retaliation against China’s new export control measures on rare earth minerals. However, comments received over the weekend appear to downplay the risk of trade war escalation. Focus now turns to a Xi-Trump meeting at the end of the month, […]
The post US-China Trade: New Trade Escalation Turns Focus to Xi-Trump Meeting appeared first on Action Forex.
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US-China Trade: New Trade Escalation Turns Focus to Xi-Trump Meeting
On Friday, Trump threatened China with 100% tariffs on top of the existing rates as a retaliation against China’s new export control measures on rare earth minerals. However, comments received over the weekend appear to downplay the risk of trade war escalation. Focus now turns to a Xi-Trump meeting at the end of the month, […]
The post US-China Trade: New Trade Escalation Turns Focus to Xi-Trump Meeting appeared first on Action Forex.
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United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet. -
China trade in September, exports and imports surge, surplus narrows
China’s trade figures for September delivered a mixed picture. Exports rose 8.3% yoy, well above forecasts of 6.0% and marking the fastest pace in six months. Imports jumped 7.4% yoy, the strongest gain since April 2024 and far exceeding expectations of 1.5%. However, the details showed signs of strain beneath the surface. Exports of rare […]
The post China trade in September, exports and imports surge, surplus narrows appeared first on Action Forex.
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China’s market rally faces test as U.S. trade rift flare: ‘much more difficult couple of weeks now’
China’s market rebound may be heading into choppier waters as a resurgence of U.S.-China trade tensions threaten to derail investor optimism. -
AUD/JPY clings to gains around 99.00 as Trump backtracks on tariff threats
The AUD/JPY cross opens with a bullish gap at the start of a new week and recovers a part of Friday’s slump of over 250 pips to the 97.80 region. -
Gold back at the highs again amid US-China kerfuffle
The gold train is back on track to start the new week, with precious metals catching bids again in trading today. Gold is up nearly 1% to retest the recent highs near $4,060 from the jump last week. Some profit-taking did lead to a minor drop but dip buyers were rewarded with the latest US-China developments.
The kerfuffle between the two sides once again reaffirms the erratic and incoherent policy delivery from the US administration. But also, it continues to suggest that Beijing is not going to relent in this trade war, as evident by their threats on rare earth export controls in trying to manage expectations in Washington.
In any case, gold is once again a beneficiary as it climbs back up to near $4,060 as we look towards European trading.
Meanwhile, silver is also up over 2% on the day to $51.54 – carrying with the weekly break above $50. Sky’s the limit now.
This article was written by Justin Low at investinglive.com.
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