Gold prices surged past $4,000 an ounce again this week. This rally was fueled by US President Donald Trump’s warning of new tariffs on China. Global uncertainties, including potential French government collapse and US shutdown, also boosted safe-haven assets. Investors anticipate US Federal Reserve interest rate cuts. Silver also saw significant gains, driven by strong demand and supply concerns.
US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook
Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech’s AI spending concerns, the Dow edged higher.