Gold’s spectacular surge beyond the $4,000 mark underscores a growing investor preference for the metal over the dollar.

Although AI is top of mind at the moment, it's not the only thing happening.

The just-released minutes of the ECB’s September meeting show a unanimous decision to keep interest rates on hold, viewing this approach as the most appropriate response to ongoing elevated uncertainty.

Gold holds steady near record highs on Thursday after surging to a fresh all-time peak of $4,059 the previous day.

The Australian dollar fell initially during the trading session on Wednesday again, testing the crucial 0.6550 level.

There was some, albeit limited, follow-through dollar buying today, but the early gains have been pared as the European morning progressed.

We no longer expect another Bank of England rate cut this year, though lower inflation and higher taxes should unlock further easing in 2026.