Monday Outlook: Gold prices scale record high; bitcoin breaks above $40,000

Monday Outlook: Gold prices scale record high; bitcoin breaks above $40,000

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies Asia shares turn mixed, gold tops $2,100 an ounce MSCI's broadest index of Asia-Pacific shares outside Japan was still up 0.4% Dollar on shaky ground as Fed rate cut bets strengthen Sterling was last trading around $1.2682, easing off a three-month high Oil climbs as Mideast tension back in focus Brent crude futures climbed 28 cents, or 0.4%, to $79.16 a barrel Gold prices scale record high as Fed rate-cut bets support Spot gold was up 0.8% at $2,087.79 per ounce Bitcoin breaks $40,000 as momentum builds The world's biggest currency hit as high as $40,210 in Sunday trade, its highest since April 2022 Mideast Stocks: Most Gulf markets fall on weak oil; Saudi gains Saudi Arabia's benchmark index gained 0.4% Gain a deeper understanding of financial markets with Eikon Monday Outlook: Gold prices scale record high; bitcoin breaks above $40,000