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Metals Face Profit-Taking as Key Data Looms
U.S. private payrolls rose by 41,000 in December, according to the ADP report, reversing the previous month’s decline. Meanwhile, President Donald Trump said the U.S. would ban Wall Street institutions from buying single-family homes. U.S. equities closed mixed on Wednesday: the S&P 500 ended lower as financial stocks such as JPMorgan and Blackstone declined, while Nvidia and Alphabet lifted the Nasdaq as investors rotated towards artificial intelligence (AI)-related names. The Dow Jones Industrial Average fell 0.94%, the S&P 500 slipped 0.34%, and the Nasdaq Composite edged up 0.16%. The U.S. dollar was steady ... (full story)
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minh98
Jan 7, 2026 10:28pm
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GoldenPro99
Jan 8, 2026 1:58am
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TRUMP SAYS HE IS IMMEDIATELY TAKING STEPS TO BAN LARGE INSTITUTIONAL INVESTORS FROM BUYING MORE SINGLE-FAMILY HOMES TRUMP SAYS HE WILL ASK CONGRESS TO CODIFY THE BAN AND WILL DISCUSS IT ALONG WITH FURTHER HOUSING AND AFFORDABILITY PROPOSALS AT HIS DAVOS SPEECH IN TWO WEEKS
For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans. It is for that reason, and much more, that I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it. People live in homes, not corporations. I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks.
From atfx.com | Jan 7, 2026
The XAGUSD price is testing the $80 level again, and this will be key to the near-term prospects for the metal. If the price fails here, $70 is critical support. Silver has been surging at the tail-end of 2025 as the Federal Reserve moves to cut interest rates, and inventories remain under pressure. Silver inventories, particularly in London, have declined ...
Gold prices dipped on Thursday, pressured by a firm dollar as investors geared up for a key jobs report later this week that could provide more hints on US monetary policy moves and while they assess the US pressure on Venezuela. Spot gold lost 0.3% to $4,440.67 per ounce as of 0344 GMT, dipping from an over one-week high hit in the last session. US gold ...