US jobs report throws a lifeline for gold; likely to trade in the $1900-$1950 range next week

July 9, 2023

According to the World Gold Council, eight countries added gold to their reserves in May, which amounted to a net 50 tonne of addition; however, with Turkey selling 63 tonnes of gold to satisfy its domestic demand, total bank holdings fell by 27 tonnes

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US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs

CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following

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Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?

Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy

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