Gold Price Faces Risk of Falling to US$3,400 Amidst Stronger Dollar and Rate Hike Fears
Gold prices are facing downward pressure due to a stronger US dollar, expectations of Federal Reserve rate hikes, and geopolitical uncertainties. A breach of the US$3,870 support level could lead to a further decline towards US$3,400.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- China's Female Livestreamers Face Dangers, Indonesian Relevance Questioned
The Diplomat Indonesia reports on the dangers faced by female livestreamers in China. However, direct relevance to Indonesia remains unclear, pending further investigation.
- Indonesia's BOGA Acquires Chery Car Distributor to Expand Business
PT Apollo Global Interactive Tbk (BOGA) of Indonesia has acquired 100% of PT Pradipta Cakra Buana (PCB), a distributor for Chinese automaker Chery. This move aims to diversify BOGA's business lines and enhance future operational performance.
- China-Pakistan Information Corridor Alleged to Target Journalists
The China-Pakistan Information Corridor is reportedly being used to monitor and suppress journalists, raising concerns about press freedom, according to The Diplomat Indonesia.
- China's Scientific Cooperation: A Growing Influence in Central Asia
China is leveraging scientific and educational cooperation to expand its influence in Central Asia, complementing its infrastructure investments. Establishing research institutions and fostering talent development are seen as key to building long-term relationships.