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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Smart factory transformation is not only a race to purchase technology, but more importantly a revolution in management thinking, workforce quality, and the ability to connect the value chain. Building smart factories is the destination of modern manufacturing. Facing fierce global competition and increasingly stringent requirements for cost optimization and…
Gold prices rose more than 1% on April 9 as the US dollar weakened, while investors assessed the durability of the US-Iran ceasefire and looked ahead to US inflation data due on April 10.
Spot gold rose 1.7% to $4,796.50 per ounce at 11:37 a.m. ET, after reaching a near three-week high in the previous session. US gold futures increased 1% to $4,823.00 per ounce.
The dollar index fell, making dollar-denominated gold cheaper for buyers using other currencies.
Bob Haberkorn, Senior Market Strategist at RJO Futures, said dollar weakness helped gold regain gains, but the market remained cautious about the ceasefire’s significance. He added that ceasefire-related news has supported prices, but gold has pulled back from recent highs as signs of frictions have emerged.
Israel continued airstrikes on targets in Lebanon, an issue Tehran says should be included in the ceasefire. Iran, meanwhile, has shown no signs of lifting the Hormuz Strait blockade. A breakdown in talks and renewed conflict could raise energy costs and inflation, potentially keeping interest rates higher for longer and weighing on gold’s appeal as a non-yielding asset, even as it remains a hedge against inflation.
Spot gold prices have fallen about 10% since the US-Israel war with Iran escalated on February 28.
Investors are also awaiting US CPI data for March, due on April 10. The PCE, the Fed’s preferred inflation gauge, rose 2.8% year over year through February, in line with forecasts, and was expected to have picked up in March.
Silver rose 2.3% to $75.84 per ounce. Platinum gained 2.6% to $2,082.78 per ounce, while palladium edged up 0.3% to $1,559.10 per ounce.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
