Gold is considered a hedge against inflation and economic uncertainties, but higher interest rates dim the non-yielding asset’s appeal. Meanwhile, the European Central Bank’s (ECB) chief economist backed a further rate increase at the ECB’s next meeting but said its size would depend on incoming data, especially a survey of euro zone banks.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500
November 9, 2026