About: anakin
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Amid global cautiousness, gold hovers around $4,000, driven by ongoing safe-haven demand.
Gold holds steady near $4,000 amid U.S. shutdown, cautious markets, and rising global demand for safety.
Against the Pound, the Euro rises following the Bank of England’s dovish policy indication
The Euro gains on Pound as BoE hints at easing, contrasting ECB’s steady approach amid inflation shifts.
According to Commerzbank, a price correction in Copper follows recent data from China impacting it
Copper prices drop from October highs; stable production persists amid falling ore imports and limited demand.
In October, inflows into gold ETFs persisted, according to Commerzbank’s analyst Carsten Fritsch and the Council
Gold ETF holdings surged in October, driven by strong inflows from North America and China, while Europe declined.
In October, Canada saw a drop in unemployment to 6.9%, with employment rising by 66.6K
Canadian unemployment fell to 6.9% in October, boosting the CAD and signaling potential rate policy shifts.
