Investors will be keeping a close eye on Japanese stocks and the yen after Japan's prime minister signaled to counter speculative market activity. Hong Kong Hang Seng index futures were at 26,772, higher than the HSI's last close of 26,749.51.
Gold rose above the psychological $5,000/oz level for the first time amid geopolitical tensions.
U.S. stock futures slumped and gold hit a record high Sunday as investors look ahead to a Fed interest-rate decision and Big Tech earnings this week.
Gold is approaching $5,000 as political tensions, alliance breakdowns, and central bank buying drive a shift in global capital flows toward hard assets, setting the stage for a breakout toward $5,400.
Pinnacle Silver & Gold Corp (TSX-V:PINN, OTCQB:PSGCF, FRA:P9J) earlier this week reported encouraging underground and surface sampling results from the El Potrero gold-silver project in Durango State, Mexico, highlighting expanding vein systems and growing exploration upside. The company said recent work focused on the Estrella vein, located approximately 500 metres from the project's historic main vein.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Investors don't have as much confidence in U.S. Treasurys as a risk hedge.
If 2025 was a good year for gold, 2026 may yet produce new records for the key metal. Growing global uncertainty has driven investors to gold as a store of value, with myriad factors worsening that uncertainty to start the new year.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.