International News
Gold price struggles to capitalize on intraday gains amid receding Fed rate cut bets
Concerns about Trump’s trade tariff and a modest USD weakness underpin the XAU/USD pair.
Gold price (XAU/USD) builds on the previous day’s bounce from the $2,864 region touched in reaction to hotter US consumer inflation figures and gains some follow-through positive traction for the second straight day on Thursday. A fresh leg down in the US Treasury bond yields exerts downward pressure on the US Dollar (USD), which, in turn, is seen benefiting the USD-denominated commodity. Apart from this, worries about US President Donald Trump’s tariffs and a global trade war underpin the safe-haven bullion.
Meanwhile, the hotter US consumer inflation figures released on Wednesday reaffirmed market expectations that the Federal Reserve (Fed) will stick to its hawkish stance and hold interest rates steady for an extended period. This could act as a tailwind for the US bond yields and the Greenback, which, in turn, acts as a headwind for the non-yielding Gold price amid still-overbought conditions on the daily chart. Traders now look forward to the release of the US Producer Price Index (PPI) for some meaningful impetus.
International News
Nike Enters Jewellery Market With First-Ever Collection Priced Up To $5,750
The Sportswear Giant Expands Into Jewellery, Bringing Its Brand Identity To A New Category With Premium-Priced Pieces.
Nike is extending its brand into the jewellery market with its first dedicated jewellery collection, featuring necklaces, earrings and pendants inspired by its signature designs. The range includes a miniature Air Force 1 pendant necklace priced at $5,750, making it the collection’s standout piece.
The lineup also features a crystal-covered Swoosh necklace at $1,750, Swoosh earrings priced at $995 and an Air Max 1 pendant at $395. More accessible designs include Swoosh necklaces and hoop earrings in silver and gold finishes.
The collection combines sportswear culture with premium accessories, transforming Nike’s recognisable logos and footwear silhouettes into wearable jewellery. The range is scheduled to begin releasing through Nike’s SNKRS platform on 29 October 2026, with availability varying by design.
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BrandBuzz2 hours agoMalabar Gold & Diamonds Unveils ‘SWAYE’, A Natural Diamond Collection Inspired By Spiral Forms and Modern Elegance
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National News2 days agoLimelight Lab Grown Diamonds Crosses 100 Stores Milestone This Dussehra: Targets 200 In 2027
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DiamondBuzz3 hours agoKylie Jenner Debuts At Victoria’s Secret Show In $50 Million Fantasy Bra By Jacob & Co.
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International News3 hours agoNike Enters Jewellery Market With First-Ever Collection Priced Up To $5,750
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