Gold hits two-week high on US rate cut speculation; silver surges marginally

Gold prices surged on Friday, marking their most substantial weekly gain since early April, driven by…

Powell: Fed still sees rate cuts this year; election timing won’t affect decision

Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell…

Gasoline, shelter costs drive U.S. inflation higher in February

U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting stickiness…

U.S. inflation likely cooled again in November as Fed prepares to assess interest rates

The Federal Reserve building in Washington, U.S. | Photo Credit: Reuters This year’s steady slowdown in…

Rising Rates Diminish Gold’s Appeal, Threatening Its Status as an Inflation Hedge – News18

Last Updated: June 30, 2023, 00:57 IST New York, United States of America (USA) While gold…

Dollar Rises Ahead of US Inflation Data and Fed Rate Decision

Last Updated: June 08, 2023, 04:35 IST New York, United States of America (USA) The dollar…