The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Gold prices were subdued on Monday, after having touched record highs earlier in the session.
Spot gold slipped 0.2 percent to $3,229.56 per ounce in European trade after hitting a new record high of $3,245.42 per ounce earlier.
U.S. gold futures were little changed at $3,244.79, with a softer dollar helping cap bullion's downside.
The dollar remained weak after reports emerged that the Trump administration's exemptions on electronic devices from tariffs may not last long.
U.S. Commerce Secretary Howard Lutnick said Sunday that the exemptions aren't permanent and that smartphones and computers as well as other devices and components would be subject to "semiconductor tariffs" that will likely come in "a month or two," stirring up more tariff uncertainty.
Also, Trump said in a Truth Social post that these products are still "subject to the existing 20 percent Fentanyl Tariffs, and they are just moving to a different Tariff bucket.
Goldman Sachs has raised gold price target to $3,700 an ounce by end-2025, citing heightened concerns over the U.S. economy fueled by an escalation in the U.S.-China trade war.
In economic releases, U.S. reports on retail sales, industrial production, import and export prices and housing starts will be in the spotlight this week.
Several Fed officials are set to speak this week, including Fed Chair Jerome Powell on Wednesday.
