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BYD PLANS 20 CAR DEALERSHIPS IN CANADA TO AID EXPANSION BYD SALES LOCATIONS WILL BE OPENED WITH PARTNERS THIS YEAR

Gold prices dipped in early trade following a nearly 2% rise in Comex gold futures overnight, likely due to a technical correction. Carsten Fritsch from Commerzbank Research attributes the recent gold boost to falling oil prices, which ease inflation risks and reduce interest-rate expectations. This shift has led to lower bond yields, benefiting gold as a non-interest-bearing asset. However, Fritsch notes that gold’s outlook depends on the stability of the US-Iran ceasefire in the coming weeks.