Business News & Economy – Page 12150 – FinSiddhi

Gold steady with Middle East turmoil, US jobs data in focus

Gold prices remained stable as investors watched for U.S.-Iran talks. Conflicting reports emerged regarding potential negotiations between the United States and Iran. Investors are anticipating U.S. jobs reports for Federal Reserve interest rate clues. Higher rates typically pressure gold prices, which offer no interest. South Korea’s central bank plans to increase its gold holdings.

Global Market Today: Asian shares rise after Wall Street rally driven by tech stocks

Asian shares advanced, mirroring a Wall Street rally fueled by technology stocks. The yen stabilized after intervention-driven gains, while oil prices declined amid easing Middle East tensions. Investors anticipate a busy corporate earnings week, seeking evidence of AI spending translating into growth. US manufacturing activity expanded rapidly, showing strong demand and increased production. Markets are…