Gold and silver traded higher in morning trade on Thursday, supported by a weaker dollar and geopolitical uncertainty in West Asia, as investors continued to track developments surrounding a possible diplomatic breakthrough between the US and Iran.
... $62,000 and wiping out more than $1.1 billion in leveraged positions, as investors fled riskier assets amid escalating geopolitical tensions and fading institutional appetite for cryptocurrencies.
The USDollarIndex (DXY) is finding renewed support from a combination of proposed tariff measures and ongoing geopolitical conflicts, according to a recent analysis from BNY... Geopolitical Conflict Adds Upward Pressure.
Markaz stated in its Monthly MarketReview that Kuwaiti equities remained resilient in May, despite ongoing geopolitical uncertainty in the region ... a decline in revenue due to geopolitical challenges.
The blockbuster mainboard IPO market hit a standstill in May as the West Asia war sparked severe risk aversion. Yet, the retail-driven SME segment continues to defy the chill, signalling a sharp split in investor appetite ....