Magic Compass

Review Gold Rally Resumes on Cooling CPI and Rising Geopolitical Tensions

1. CPI Undershoots Expectations: Energy Prices Lead Inflation SlowdownU.S. CPI data for May came in below market expectations across the board, with both YoY and MoM inflation rates declining—marking

Review Safe-Haven and Rate-Cut Sentiment Returns, Gold Eyes New Highs

Market OverviewGeopolitical tensions in the Middle East overshadowed the rate-cut optimism, triggering a pullback in U.S. equities. The SP 500 and Nasdaq snapped their three-day winning streaks, while

Review Gold Holds Above Key Support as Markets Eye U.S.-China Talks and Inflation Outlook

During early Asian trading on Tuesday, a weaker U.S. dollar lent modest support to gold prices, pushing spot gold up toward the $3,325 level. While prices saw a minor pullback intraday, the $3,300 sup

Review Dollar Retreats, Gold Rebounds Amid Easing Inflation Expectations

Market OverviewThe launch of the U.S.-China talks in London has boosted market sentiment, sparking a rally in chip stocks and lifting both the SP 500 and Nasdaq for a second straight day. The semicond

Review Strong Jobs Report Dampens Fed Rate Cut Hopes, Capping Gold Gains

Market OverviewLast Friday, the U.S. nonfarm payrolls report came in well above expectations, easing recession fears and—along with positive trade news—pushing the SP 500 past the 6,000 mark for the f

Review World Gold Council May ETF Report

At the beginning of each month, the World Gold Council releases its latest monthly Gold ETF holdings report, offering valuable insights into global capital flows into and out of gold. As we enter May,