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Gold price conquers $3,100 for the first time ever on tariff war fears

The record rally in Gold price remains unabated as buyers conquer the $3,100 threshold for the time on record. Heightening fears of a potential global trade war and stagflation in the United States (US) intensify safe-haven demand for the traditional store of value, Gold.

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Japan’s Kato: Have agreed with the US that excessive moves on forex are undesirable

Japanese Finance Minister Katsunobu Kato said on Monday, they “have agreed with the US that excessive moves on forex are undesirable.”
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GBP/USD attracts some buyers above 1.2950 on weaker US Dollar

The GBP/USD pair gathers strength to near 1.2965 during the Asian trading hours on Monday.
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