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The precious metals market suffered an unprecedented selloff as gold and silver lost more than $10 trillion in market value in a single day. Extreme volatility pushed gold below $4,400 per ounce and forced Thailand to temporarily halt gold futures trading.
Nvidia is preparing to scale back production of its GeForce RTX 50 graphics cards as surging memory and storage prices dampen consumer upgrade demand, particularly in key Asian markets.
Goldman Sachs says China’s yuan is roughly 25% undervalued on a trade-weighted basis and is likely to appreciate more than current 2026 forward pricing suggests.
Gold prices remain elevated after a robust run this year, yet officials at the Bangko Sentral ng Pilipinas (BSP) say their own heavy holdings may justify profit-taking, even as global central-bank buying supports the metal.