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Gold rallies to one more file excessive at a time of rising uncertainty on a number of fronts. “Sturdy ETF demand stays key, pushed by ‘FOMO’ and eroding belief in conventional protected havens,” stated Ole Hansen, head of commodity technique at Saxo Financial institution, including that central financial institution demand and decrease bond yield are additionally components.

The continued US authorities shutdown is fueling uncertainty, economists advise. “It provides to threat and uncertainty at a most inopportune time,” stated Mark Hamrick, senior financial analyst at Bankrate. “Now we’re all basically wanting via a fog.”
Renewable power overtakes coal as greatest supply of electrical energy on the earth, in accordance with the worldwide power assume tank Ember. Creating nations, particularly China, are main the clear power revolution as richer nations, together with the US and EU, nonetheless rely extra on fossil fuels for electrical energy technology.
Consulting agency Deloitte introduced a deal to make use of Anthropic’s synthetic intelligence assistant Claude to its greater than 470,000 staff world wide. Deloitte affords consulting, tax and audit providers and is likely one of the 300,000 enterprise clients utilizing Anthropic.
US 10-year Treasury yield continues to commerce in decrease vary for yr throughout authorities shutdown:

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