Gold prices in Malaysia rose to 419.36 MYR per gram. Central banks added 1,136 tonnes in 2022.
TD sees the rate cut as protection against tariffs, forecasting a mild recession and cautious monetary policy.
BoJ Governor Ueda expects inflation to accelerate gradually, reducing bond purchases as Japan’s economy and wages improve.
OFAC issued General License 8L, allowing energy transactions with Russian banks until March 12, 2025.
Silver trades at $33.30 per ounce amid safe-haven demand, recession fears, inflation changes, and Federal Reserve speculation.
Michelle Bowman appointed Federal Reserve Vice-Chair for Supervision, succeeding Michael Barr; previously dissented on rate cut.
Inflation expectations fall, EUR/USD weakens, gold stays strong, and GBP/USD struggles amid trade tensions and US data.
Bank of Canada cut rates; US stocks mixed; inflation slowed; Treasury demand strong; crude, gold, Bitcoin rose.
Foreign investment in Japanese stocks improved, gold nears record, and EUR/USD dips amid US-EU trade tensions.
Canada to pursue consultations with U.S. over steel and aluminium tariffs, citing USMCA obligations, says Minister Mary Ng.
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