Gold hits fresh ATH, Silver soars to highest since 2011 [Video]
|Markets kicked off the week in slow motion with US and Canadian exchanges shut for Labour Day — but Alibaba’s AI-fuelled surge sent the Hang Seng higher, while in Europe, PMI data offered a glimpse of recovery despite French political risks still casting a long shadow. Gold blasted through fresh records, silver soared to levels not seen in over a decade, and oil bulls are circling key resistance once again.
All eyes now turn to euro area CPI: will inflation brush up against the ECB’s 2% target and keep policy steady, or will growth concerns spark a dovish turn? The euro’s rebound looks powerful, but crowded positioning leaves room for some correction if politics flare up.
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