China Blocks Tech Giants from Buying Nvidia Chips to Boost Local Industry
China has barred its tech giants from purchasing Nvidiaβs AI chips, pushing firms like Alibaba and ByteDance to halt orders. The move underscores Beijingβs β¦
π Decline: -0.36% (-$13.07)
π° Current Ounce Price (28g): $3,646.47
24K: $117.24
22K: $107.47
21K: $102.58
20K: $97.70
18K: $87.93
50g (24K): $5,861.83
100g (24K): $11,723.66
1kg (24K): $117,236.60
Global gold prices recorded a slight decline today, with the ounce falling by $13.07 (-0.36%).
This dip comes as the U.S. dollar remains strong and market expectations for interest rates continue to shape investor sentiment.
Despite the minor drop, gold continues to serve as a safe-haven asset amid global economic uncertainty and geopolitical tensions, keeping long-term demand resilient.
β¨ Stay updated with daily global gold market insights on Latest101.
China has barred its tech giants from purchasing Nvidiaβs AI chips, pushing firms like Alibaba and ByteDance to halt orders. The move underscores Beijingβs β¦
Apple has ramped up production of the iPhone 17 after stronger-than-expected pre-orders. Consumers are showing a clear preference for the $799 base model over β¦
Stablecoins pegged to the U.S. dollar are reshaping global finance, challenging traditional monetary systems and cross-border payments. Their rise poses new opportunities for the β¦
Gold prices surged today in global markets, recording a 1.12% increase. The XAU/USD index climbed by $40.76, bringing the price per ounce to $3,685.05, β¦
Gold prices rose significantly today, reflecting a strong upward trend in the global market. Investors are watching closely as XAU/USD hits new highs.
U.S. retail sales rose 0.6% in August, outpacing forecasts and signaling resilient consumer demand. However, concerns over a cooling labor market and inflation continue β¦