Data and Financial Journalist
In Japan, the only Asian economy in G7, core inflation rose at its fastest annual pace in over two years, climbing to 3.5% in April, according to data released Friday. I mapped the inflation (with some caveats) to look at the overall inflation trend in G7 economies.
Inflation fell to 2.3% in April. The Fed is keeping rates steady at 4.25%-4.5% as new tariffs fuel inflation risks, prompting a cautious wait-and-see approach.
Gold investment demand jumped 170% in Q1 2025 — the highest since early 2022 — driven by record ETF inflows, rising economic uncertainty, and strong buying in Asia.
China is weighing plans to establish overseas warehouses for the Shanghai Gold Exchange, in a move to boost international settlement of yuan-denominated gold contracts and expand the global use of its gold benchmark.