Sydney:12/24 22:26:56

Tokyo:12/24 22:26:56

Hong Kong:12/24 22:26:56

Singapore:12/24 22:26:56

Dubai:12/24 22:26:56

London:12/24 22:26:56

New York:12/24 22:26:56

Live Updates  >  Live Update Details

2025-10-29 17:06:26

[Gold Surges $129! Three Signals of a Resurgence in Forex Speculation] ⑴ Gold prices have rebounded $129 from Tuesday's low of $3886/oz, currently trading around $4015/oz. ⑵ During the recent gold pullback, global stock markets continued their upward trend, indicating a continued rise in market risk appetite. ⑶ Current safe-haven demand is not strong; the gold rebound reflects more the need to hedge against stock market corrections. ⑷ The rapid rebound in gold has reduced the demand for forex traders to seek other safe-haven assets, driving funds towards riskier assets. ⑸ The strong speculative appetite shown in the stock market is expected to transmit to the forex market, supporting speculative activity. ⑹ Favored forex trends in 2025 may intensify, with strategies such as arbitrage trading and going long on the euro regaining attention. ⑺ The continued downward trend in oil prices will be one of the key factors guiding future exchange rate movements.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

3993.43

-7.73

(-0.19%)

XAG

47.858

-0.201

(-0.42%)

CONC

60.23

-0.82

(-1.34%)

OILC

64.08

-0.73

(-1.13%)

USD

99.955

0.091

(0.09%)

EURUSD

1.1508

-0.0010

(-0.09%)

GBPUSD

1.3064

-0.0075

(-0.57%)

USDCNH

7.1260

0.0016

(0.02%)

Hot News