Economy

Economy
Economy

Gold gains, silver falls as rising oil, high yields keep up pressure

Gold prices rose in early trading Thursday while silver declined sharply as oil prices climbed and Treasury yields remained near multi-decade highs, keeping inflation and interest-rate risks in focus. At the time of writing, spot gold was trading at $4128 an ounce, up around 0.40% on the day. Spot silver fell close to 1% and

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Economy

Gold price is $1,455 below its record: why traders still see $5,000 next

Gold prices fell towards $4,140 an ounce on Wednesday, leaving bullion roughly 26% below its January record of $5,594.82 as investors waited for Federal Reserve minutes. Spot gold was around $4,138.34, while markets were pricing an approximately 87% probability of another Fed increase by December. Yet the bigger question for investors is whether the correction

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Economy

Oil jumps above $101 as two supply threats collide: is $120 back in play?

Oil prices rose on Wednesday, with Brent climbing above $101 a barrel and West Texas Intermediate above $90 as traders priced two fresh supply risks: a developing Gulf of Mexico hurricane and renewed Saudi-Houthi tensions. Brent traded around $101.63 while WTI reached $90.24. The immediate question is whether the move represents another temporary geopolitical premium

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Economy

Ethereum tests 200M gas limit as $165M longs get wiped: can ETH hold $2,500?

Ethereum’s Glamsterdam upgrade went live on the Sepolia testnet Tuesday, marking another milestone in the network’s Layer 1 scaling roadmap. The deployment allows developers, application teams, and infrastructure providers to test compatibility with the changes before a potential mainnet release. Meanwhile, ETH’s technical structure remained constructive in the supplied market snapshot, although derivatives liquidations highlighted

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Economy

Penguin Solutions profit jumps 888% on AI demand: can PENG justify a 228% rally?

Penguin Solutions delivered the kind of quarter needed to defend a 228% stock rally, but the valuation question has not disappeared. The AI infrastructure company reported an 888% jump in quarterly net income to $93 million, while revenue rose 68% to a record $567 million. Management also raised its fiscal 2027 outlook as AI data-centre

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Economy

XRP has three major catalysts lined up but the price is barely paying attention

XRP is heading into a busy stretch of October, but the price is barely reacting. XRP traded near $1.50 Tuesday as three catalysts approached. Evernorth is expected to begin Nasdaq trading under XRPN on October 8, while two XRP Ledger upgrades could activate shortly afterwards if validator support remains above the required threshold. Together, the

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Economy

Top 4 FTSE 100 shares to watch this week: Tesco, BT Group, Shell, BP

The FTSE 100 Index has retreated in the past few weeks, moving from a high of 10,990 in July to a low of 10,387. It has slumped to its lowest level since July 16. This article looks at some of the top shares to watch this week. BT Group stock in focus amid TalkTalk buyout

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Economy

Bitcoin slides towards $85K: key levels to watch before you hit sell

Bitcoin slid back towards $85,000 on Tuesday after another attempt to break above $87,000 failed, leaving traders caught between a still-supportive recovery and increasingly stubborn resistance. BTC was trading around $85,500 to $85,600 on October 6 after sellers rejected $87,000 for the third time since September 23. The pullback is still modest, but repeated failures

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Economy

HYPE eyes $100 after Bloomberg Terminal listing and fresh $14.6M buyback fuel

Hyperliquid announced Monday that it received a $14.58 million USDC payment under its Aligned Quote Asset v2 framework, known as AQAv2. The payment is the first distribution of yield generated on USDC reserves held within the Hyperliquid ecosystem.  It introduces another funding source for HYPE buybacks alongside the trading fees that have historically provided most

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Economy

Crypto price predictions today: LayerZero, Midnight, Pi Network

The crypto market held steady during the weekend as Bitcoin and other tokens remained in a narrow range. Prices have done well after the US published a weak nonfarm payrolls (NFP) report on Friday. This article looks at some of the top trending tokens today, including LayerZero (ZRO), Midnight (NIGHT), and Pi Network (PI). LayerZero

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