US and China are stuck in an unprecedented, and expensive, game of chicken, and it seems that both sides are unwilling to back down
The data, for US companies with market capitalization $1bn and greater, showed short sellers’ gains for 2025 through Monday at $189bn
Gold’s upside remains capped as first round of talks between the US and Russia over potential peace deal in Ukraine
The dollar index hovered near a two-month low as traders assessed recent weaker-than-expected US economic data
The market is slightly overbought, which can create some technical profit booking after nearing the $3,000 level
Bullion’s eighth record high of 2025 has brought the glittering $3,000 milestone into view
China’s Finance Ministry said it would impose levies of 15 per cent for US coal and LNG and 10 per cent for crude oil