Friday 30 January 2026 - 14:50
UBS has boosted its gold price target to $6,200 per ounce for March, June, and September 2026, up from $5,000, citing stronger-than-expected demand driven by surging investment flows and central bank purchases. The upgrade comes as spot gold surged to a record $5,594.82 on Thursday, extending a stunning rally that has lifted the safe-haven......
SpaceX and Elon Musk's xAI are negotiating a potential merger that could pave the way for the largest initial public offering in history, according to an exclusive Reuters report. The deal would unite Musk's aerospace powerhouse with his AI venture, folding the Starlink satellite network, the X social media platform, and the Grok AI......
Microsoft's market capitalization plunged by $357 billion on Thursday, securing the second-largest one-day loss in stock market history. Investors punished the tech giant over slowing cloud growth and rising doubts about the returns from its massive artificial intelligence investments. The stock closed down nearly 10 percent, marking......
Gold prices continued to retreat on Friday as investors moved to lock in profits following the precious metal’s sharp rally earlier in the week. After reaching unprecedented levels, the market shifted into correction mode, triggering a notable pullback. In early trading, the price of gold dropped by nearly 5%, briefly extending losses......
President Donald Trump announced Thursday that Russian President Vladimir Putin accepted a temporary halt to strikes on Kyiv and other Ukrainian cities for one week, citing extreme cold gripping the region. Trump made the claim during a White House cabinet meeting, though Russia has not officially confirmed any such deal. "I personally......
Iran’s Foreign Minister Abbas Araghchi arrived in Istanbul on Friday for talks with his Turkish counterpart, Hakan Fidan, in a bid to help defuse growing tensions between Tehran and Washington. The visit comes at a sensitive moment, as regional stability faces renewed strain amid heightened military posturing in the Gulf. This marks......
The U.S. Treasury labeled China's yuan "largely undervalued" on Thursday and urged Beijing to let it appreciate, toughening its tone in the semiannual currency report while stopping short of naming China a currency manipulator. The assessment cites China's "extremely large and growing external surpluses," warning......
Venezuela's National Assembly approved a sweeping overhaul of the country's hydrocarbons law on Thursday, dismantling over two decades of state dominance in the oil sector and opening the door to private investment in the world's largest proven crude reserves. The vote signals a dramatic break from the socialist economic model......
Prime Minister Benjamin Netanyahu convened a high-level security consultation in Jerusalem on Thursday with top advisors and defense officials on a "classified matter," Israeli media reported, as the United States edges toward a potential military strike on Iran amid soaring regional tensions. Discussions zeroed in on Iran and the......
Angelina Jolie has spotlighted the human cost of Iran's ongoing protests by sharing a photo of a seven-year-old girl at her mother's grave, calling for justice amid a brutal government crackdown that rights groups say has claimed thousands of lives. In an Instagram post on Tuesday, the actress and humanitarian featured the grieving......
Two days after families gathered at Kennedy Space Center to mark the 40th anniversary of the Challenger disaster, NASA presses forward with final preparations for Artemis II, the first crewed lunar flyby since 1972. The space agency launched wet dress rehearsal operations Thursday evening at Launch Pad 39B, a pivotal fueling test to confirm......
Gold and silver prices plunged from record highs on Thursday in one of the most volatile trading sessions in over a decade. The precious metal saw a staggering swing of nearly $500 per ounce, wiping out roughly $3.4 trillion in market capitalization before a partial recovery. This marked the largest intraday price range since April 2013, with......
Former U.S. President Donald Trump announced plans to withdraw U.S. certification for aircraft manufactured in Canada, including business jets produced by Bombardier, escalating tensions between Washington and Ottawa over aviation regulations. In a statement posted on social media, Trump accused Canadian authorities of unfairly and repeatedly......
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