World Market News of the 5 April with FXOpen #goldprice #nikkei225 #hangsengindex #oilprice #usjobs

Gold Has Broken Through the $2,300 Level Gold broke above $2,300 on Thursday, and Juerg Kiener, chief investment officer at Swiss Asia Capital, said the precious metal could hit $2,600 within a year. Geopolitics, government money-printing and accelerated demand for precious metals in Asia will also boost gold’s price, according to Kiener. Expectations for interest rate cuts and central bank purchases have helped fuel a gold rally in recent months. Source: CNBC Weak Quarterly Kickoff Japan markets led losses in Asia on Friday, tracking a Wall Street sell-off ahead of a crucial jobs report, as yet another U.S. Federal Reserve official cooled expectations this week for imminent rate cuts. The Nikkei 225 was down more than 2%, while Korea’s Kospi shed 1%. Hong Kong’s Hang Seng Index edged up 0.1%., while mainland China markets remain shut for a public holiday. Oil prices climbed, with West Texas Intermediate crude for May delivery breaking above $86 per barrel a