Market News Today - Solid Gold Berjangka

Euro and Pound Rebound, Dollar Weakens

The pound sterling and the euro strengthened in trading on Friday (October 16) as pressure on the US dollar mounted, driven by investor concerns regarding artificial intelligence (AI)-related stocks in the US. Sterling r...

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BrentOct 16, 2026, 5:11:52 PM

Oil Weakens as Strait of Hormuz Heats Up

Crude oil prices weakened during Friday’s trading (October 16) but remained on track for a weekly gain. Brent crude fell 0.74% to US$105.14 per barrel, while West Texas Intermediate (WTI) declined 1% to US$96.98 per barr...

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GoldOct 16, 2026, 5:06:25 PM

Gold Rebounds as Fed Expectations Shift

Gold prices strengthened again in trading on Friday (October 16), supported by a weaker US dollar and a decline in Treasury yields. Spot gold rose 0.4% to approximately US$4,187.66 per troy ounce, while gold futures cont...

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US DollarOct 16, 2026, 4:52:43 PM

Dollar Weakens, US Yields Also Fall

The US dollar continued its decline in trading on Friday (October 16), hitting a two-week low against a basket of major currencies. The US Dollar Index (DXY) fell to 101.729, extending losses as the market scaled back ex...

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Hang SengOct 16, 2026, 4:34:39 PM

Hang Seng Rises, Risk Sentiment Improves

The Hang Seng Index rose 0.5%, or 124 points, to reach 24,187 by the close of trading on Friday (October 16), recovering some of the losses sustained in the previous session. The gain followed a rebound across Asian stoc...

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Market UpdateOct 16, 2026, 3:20:10 PM

European Markets Rise, Bolstered by Schneider

Solid Gold Berjangka – European stock markets climbed during Friday’s trading session, putting them on track for their largest weekly gain since August. The STOXX 600 index rose 0.3% to 641.75, nearing its highest level...

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GoldOct 16, 2026, 2:25:41 PM

Gold Struggles to Rise Amidst US Inflation Concerns

Solid Gold Futures – Gold prices (XAU/USD) saw limited movement during Asian trading on Friday (October 16), failing to build on gains from the previous session. While a weaker US dollar—dropping to a near two-week low—a...

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Fiscal & MoneterOct 16, 2026, 12:14:35 PM

Fed Official: AI to Shake Up the Economy

Federal Reserve official Kevin Warsh expressed optimism that artificial intelligence (AI) will ultimately make nations capable of effectively leveraging it more productive and prosperous. However, he warned that the tran...

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Market UpdateOct 15, 2026, 9:30:47 PM

Tech Stocks Weaken, Wall Street Loses Momentum

The S&P 500 and Nasdaq Composite indices weakened during Thursday’s trading session (October 15) as investors grew increasingly concerned about the heavy spending by technology companies on artificial intelligence (AI) d...

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BrentOct 15, 2026, 9:19:25 PM

Oil Weakens, Risks in the Strait of Hormuz Persist

Brent crude oil prices fell by approximately 1% in Thursday’s trading session after the United States announced plans to ease policies regarding tankers linked to Russia’s "shadow fleet," alleviating concerns over high s...

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US DollarOct 15, 2026, 4:55:23 PM

DXY Corrects; US PPI Set to Be a Key Determinant

Solid Gold Berjangka – The US Dollar weakened during Thursday’s (Oct 15) trading session, following an 18-month high reached in the previous session. The US Dollar Index (DXY) currently sits at approximately 102.11, down...

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BrentOct 15, 2026, 4:50:11 PM

Brent Falls 2% as Markets Turn Cautious

Solid Gold Berjangka – Brent crude prices weakened during Thursday’s trading (October 15) as a sell-off in global stock markets prompted investors to trim their exposure to riskier assets. Brent fell by approximately 2%...

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GoldOct 15, 2026, 3:56:21 PM

Yields Fall, Gold Strengthens Again

Solid Gold Futures – Gold prices (XAU/USD) strengthened once more during Thursday’s trading (Oct 15), holding above US$4,150 per troy ounce. This gain was supported by a weakening US dollar—which retreated from an 18-mon...

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