Spot gold briefly fell below $4,050 and spot silver dropped over 6% intraday, while the Nasdaq fell 2.6% on AI-spending concerns, Meta's spending commitments rose to $825 billion with its 5-year CDS near 120bp, US 10-year Treasury yield fell below 5%, French 10-year yield exceeded US yields for the first time in 13 years, Turkey's central bank cut rates 100bp to 36%, and US initial jobless claims fell to 194,000.
Jin1010/23, 05:33 AM
- $4050
- 37%
- 100bp
- 36%
Figures as quoted by Jin10
XAU/USD before and after this story
3,996.90-0.55%vs previous close
-0.85%
since this story
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10/15, 07:00 AMNow
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Jin1010/22, 10:26 PM
Jin1010/22, 06:35 PM
Meta Platforms' total future spending commitments surged to $825 billion.