Gold Price Today Falls Despite Iran Risk as Dollar Firms, Fed Cut Bets Fade

Spot gold eased 0.3% to $5,159.04 an ounce as of 10:08 a.m. ET on Thursday, while U.S. gold futures slipped the same margin to $5,165.10. Pressure came from a stronger dollar and receding expectations for U.S. rate cuts, tamping down the metal’s safe-haven draw.

Gold · NYSE:BAC · NYSE:HMY · NYSE:JPM · NYSE:MS
Goldman Sachs Pitches Hedge Funds New Swap Trade to Bet Against Software Loans Amid AI Fears

Goldman Sachs Pitches Hedge Funds New Swap Trade to Bet Against Software Loans Amid AI Fears

Goldman Sachs is offering hedge funds a way to go long or short on corporate loans, according to a person familiar with the matter who spoke to Reuters. The new angle: a total return swap—this derivative lets investors bet on a loan’s price swings without actually holding the debt. No trades have gone through yet. AI-related jitters are filtering into credit, with software-sector loans on the radar. Goldman said it partners with clients on trading ideas across asset classes, regardless of market backdrop.
Bank of America stock price slides premarket as oil jumps; BAC traders brace for jobs report

Bank of America stock price slides premarket as oil jumps; BAC traders brace for jobs report

Shares of Bank of America slid more than 2% in premarket trading Monday, following Wall Street futures lower as oil prices spiked on rising Iran-related tensions. The VIX, often called Wall Street’s fear gauge, climbed to its highest mark in three months. “There’s plenty of scope for more downside” if the situation worsens, said Chris Beauchamp, IG’s chief market analyst.
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