“The time has come” to cut interest rates – Powell Dollar down 0.8% against its rivals Gold set for a weekly gain Aug 23 (Reuters) – Gold prices gained more than 1% on Friday as the dollar and Treasury yields retreated following comments from Federal Reserve Chair Jerome Powell that signalled an interest rate cut
Gold hit a record high of $2,531.60 on Tuesday Dollar falls to more than seven month low U.S. 10-year yields slip to more than 2-week low Palladium scales more than one-month peak Aug 21 (Reuters) – Gold prices regained lost ground on Wednesday to hover close to their all-time highs after minutes from the U.S.
Gold is up 22% so far in 2024 Minutes of Fed’s July FOMC meeting due Wednesday Holdings of world’s largest gold ETF jump to 7-month high Aug 20 (Reuters) – Gold prices extended their record run on Tuesday, holding firm above the key $2,500 level, driven by a weaker dollar and growing investor confidence that
Markets await US PCE data due on Friday Dollar up 0.6% against its rivals Gold ETFs saw modest net inflows last week- WGC Aug 28 (Reuters) – Gold prices dropped on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world’s largest economy for clues on the size
Markets await PCE data due on Friday Dollar down 0.3% against its rivals Odds of 25 bp US rate cut in Sept at 63.5% -CME FedWatch Aug 27 (Reuters) – Gold prices rose on Tuesday driven by a weaker dollar, with investors awaiting inflation data that might provide insights on the scale of an expected
Aon, a global professional services firm, has released its 2024 Intangible versus Tangible Risks Comparison Report, underscoring the need for businesses across Europe, the Middle East, and Africa (EMEA) to reassess their cyber insurance and intellectual property (IP) protection strategies. This addresses the growing risks linked to generative artificial intelligence (Gen AI) and the rising