Worldwide
Market trends and economic indicators drive gold's status as a safe haven
Investor concerns mount over inflation and geopolitical tensions
Traders reassess rate-cut expectations as economic data contradicts earlier trends
Weak U.S. retail sales data spurs optimism for rate cuts
Bitcoin's price peaks at $52,079 amid inflows to exchange-traded funds
Chipmaker's soaring stock value reflects dominance in AI market
OPEC bullish on oil demand in contrast to more bearish IEA forecast
Analysts cite uncertainties surrounding timing of rate reductions
Next key support level is $1,975 per ounce
Brent and WTI futures slipped by 0.5 percent
Suggesting potential for even greater growth
U.S. consumer price index inflation data will be out Tuesday, 13:30 GMT
Brent and WTI futures increased by 0.1 percent
Spot gold is traded at $2,022.39 per ounce
Chinese gold buying spree is putting a pressure on supply
Development in Middle East situation reflect on volatility of prices
Consumer and producer price challenges pose threats to growth and employment
Agenda to highlight future of work, mobility, AI and sustainable finance among others
Leaders of prestigious organizations also confirm participation at World Governments Summit 2024
Fed paving way for lower interest rates
Shipping and energy supply disruption are currently the most threatening factors to the global economy
Production to surpass record high in 2025, EIA reports
