Gold

TradingKey - On Monday, September 21, Eastern Time, futures on the three major US stock indices all rose in pre-market trading as high-level US-China talks sent positive signals. Meanwhile, Brent crude fell for the fourth consecutive trading session, temporarily easing market concerns over energy prices driving inflation.

TradingKey - As of the Asian session on September 21, gold prices (XAUUSD) maintained high-level consolidation intraday following last week's strong rebound, with the latest price trading near $4,360. Gold had previously dropped to a low near $4,235 following the Federal Reserve's rate hike, before embarking on a continuous rally that briefly pushed prices to a one-week high approaching $4,400 last Friday.

TradingKey - On Friday, September 18 (ET), futures tied to the three major U.S. stock indices were mixed in pre-market trading. The pullback in international oil prices eased inflationary pressures, while the Federal Reserve's rate hike further bolstered its policy credibility. Coupled with a marginal cooling of Middle East tensions, market risk appetite improved significantly. Nvidia's optimistic earnings outlook also drove a rebound in the technology and chip-related sectors.

TradingKey - As of the European session on September 18, gold prices (XAUUSD) extended Thursday's rebound, surging strongly intraday to $4,399.75, just shy of the $4,400 key level. Following the Federal Reserve's announcement of a 25-basis-point rate hike on Wednesday, spot gold dropped sharply from above $4,365 to hit a low of $4,235; subsequently, gold rebounded for two consecutive trading sessions, recovering by nearly $150.

TradingKey - On Thursday, September 17 (ET), futures on the three major US stock indexes rose collectively in pre-market trading. While the Federal Reserve delivered its rate hike and signaled room for further monetary policy tightening, the market believes the current tightening cycle will not necessarily continue to accelerate. Meanwhile, a retreat in international oil prices eased some inflationary pressures, driving a simultaneous rebound in both US stock and bond markets.

TradingKey - On September 16, Eastern Time, the Federal Reserve raised the target range for the federal funds rate by 25 basis points to 3.75% - 4.00%, marking its first rate hike since July 2023.

TradingKey - As of the Asian trading session on September 17, gold prices (XAUUSD) rebounded sharply after falling to $4,235.44 on Wednesday, reclaiming the $4,300 level intraday today and reaching a high of $4,318.26. On Wednesday, gold prices briefly surged above $4,365 before plunging after the Federal Reserve announced its interest rate decision. Today's swift rebound suggests that the short-term market sell-off triggered by the bearish catalyst is drawing to a close.

TradingKey - On September 16, Eastern Time, US stocks surged and then retreated following the Federal Reserve's September interest rate decision. The Fed unanimously decided to raise interest rates by 25 basis points, lifting the target range for the federal funds rate to 3.75%–4.00%, marking its fi

TradingKey - On Wednesday (September 16) Eastern Time, futures tied to the three major US stock indexes rose in pre-market trading. As the countdown to the Federal Reserve's interest rate meeting begins, US stock and bond markets saw a slight rebound, while international oil prices, which had previously been strengthening, temporarily lost upward momentum as investors await the rate decision and the latest policy guidance.

TradingKey - During the Asian trading session on September 16, spot gold (XAUUSD) surged, reclaiming the $4,300/oz mark and touching an intraday high of $4,340/oz.