February 23, 2025
Gold Investing

XAU/USD down but not out ahead of US PMI data

Gold price corrects from near all-time highs early Friday, anticipating US PMI data. US Dollar attempts a comeback amid cautious mood, despite sluggish US Treasury bond yields Gold price remains exposed to upside risks, as the daily technical setup indicates. Gold price is on a corrective move lower from near record highs of $2,955 set

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Fixed Assets

China’s property fall overshadows spending rebound in May, challenging Beijing’s economic targets

Property investment fell by 10.1 per cent, year on year, in the first five months of 2024, worsening from a 9.8 per cent drop from January through April and a 9.5 per cent drop in the first quarter. We must acknowledge that it will take some time for the effects of policy measures to be

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