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Gold prices edged higher on Tuesday, supported by comments from Federal Reserve Chair Jerome Powell that strengthened the case for a September rate cut. Investors are also awaiting further U.S. economic data for additional guidance on monetary policy
Gold prices declined on Friday, though they remained on track for a third consecutive weekly increase. This trend follows lower-than-expected U.S. inflation data, which has fueled optimism that the Federal Reserve may begin reducing interest rates in
Oil prices rebounded on Wednesday after a three-day decline, spurred by an industry report indicating a drop in U.S. crude and fuel stockpiles last week, suggesting steady demand, alongside improved prospects for interest rate cuts. Brent futures cli
Gold prices increased slightly on Tuesday (July 9), as investors awaited Federal Reserve Chair Jerome Powell’s testimony and June inflation data to determine the US central bank's next policy move. As of 0112 GMT, spot gold had risen by 0.2% to $2,
Oil prices remained relatively stable as investors monitored potential energy supply disruptions due to Tropical Storm Beryl, which is expected to strengthen into a hurricane and make landfall on Monday. As of 0042 GMT, Brent crude futures e
On Monday, gold prices eased slightly but remained close to the more than one-month high reached in the previous session, following softer U.S. economic data that boosted expectations of a Federal Reserve interest rate cut in September. Spot gold was
Oil prices remained relatively stable in Asian trading on Friday but were set for a fourth consecutive week of gains. They held near their highest levels since late April, driven by optimistic expectations for strong summer fuel demand and concerns o
Gold prices remained steady on Wednesday as investors awaited the minutes of the Federal Reserve’s last policy meeting for new insights on when the U.S. central bank might begin cutting interest rates. Spot gold was nearly unchanged at $2,331.97 pe
Gold prices remained stable on Monday after data indicated a decline in U.S. inflation, raising expectations that the Federal Reserve might begin cutting interest rates this year. As of 04:27 GMT, spot gold was nearly unchanged at $2,324.44 per ounce
Crude oil prices dropped by 1% on Tuesday due to weak U.S. consumer confidence data, which raised concerns about the economic outlook and fuel demand following a sluggish start to the U.S. summer driving season. Brent futures for August fell by $1, o
Gold prices dropped more than 2% to a one-week low on Monday as worries over a wider Middle East conflict subsided, prompting investors to scale back safe-haven trades in favor of riskier assets, like equities. Yesterday at 9:43 a.m. ET (13:43 GM
Today, Gold Rate surged to unprecedented levels in both domestic & international markets, with Comex gold soaring to new lifetime high of $2,412 per troy ounce, & spot gold hitting $2,395 per ounce during early trading. Additionally, silver p
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