Gold/NZD

Prime Minister Benjamin Netanyahu said Friday a deal to return hostages held in the Gaza Strip has been reached, after his office said earlier there were last minute snags in finalizing a ceasefire that would pause 15 months of war. Netanyahu said he would convene his security Cabinet later Friday, and then the government to approve the long-awaited hostage ...

Gold and silver have increasingly behaved as inflation hedges over the past month, perhaps explaining why both are sitting at multi-week highs despite elevated US bond yields and continued US dollar strength. With the setups discussed earlier in the week having played out, this note provides fresh thinking about near-term directional risks. The correlation ...