Markets

Gold tops $2,000 for first time ever on US stimulus hopes

Spot Gold briefly touched a record high of $US2,000 an ounce on Tuesday amid a rally for the commodity. Traders piled into the so-called safe-haven asset on hopes that another US stimulus bill is in the works. An additional bill could put further liquidity into markets and weigh on rates, […]
Gold tops $2,000 for first time ever on US stimulus hopes
Markets

Gold approaches 6-year high as US-Iran tensions send traders fleeing to safety

Gold bullion soared as much as 1.5% Friday morning, nearing a six-year high after a US airstrike killed one of Iran’s most powerful generals and spiked tensions between the two nations. The safe-haven asset typically surges alongside rising geopolitical tension as traders flee volatile markets for hedge investments. President Donald […]
Gold approaches 6-year high as US-Iran tensions send traders fleeing to safety
Markets

Trump woes mean bonds are back in vogue

Sovereign bonds, which had fallen out of favour ever since Donald Trump’s shock election win, have had a fresh leash of life. Bond yields fell across the board with 10-year benchmark Treasury bond rates slipping to the lowest in a month as turmoil surrounding Donald Trump’s administration triggered a rush […]
Trump woes mean bonds are back in vogue