S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketGold fell over 1.5% to below $3,270 per ounce on Friday, heading for a 3% weekly decline, its second straight weekly loss, as easing geopolitical tensions and improving global trade prospects reduced demand for safe-haven assets. A fragile ceasefire between Israel and Iran held, and US Commerce Secretary Howard Lutnick said trade frameworks with China and other major partners were nearly finalized, reinforcing risk-on sentiment. Meanwhile, US data showed the core PCE index rose slightly above expectations but remained consistent with subdued inflation, boosting hopes for Fed rate cuts later this year. Consumer sentiment also jumped to a four-month high, and inflation expectations improved. Despite the recent dip, gold remains up over 25% year-to-date and is around $200 below its April record high, still supported by strong central bank buying and anticipation of Fed monetary easing.
