Despite experts predicting inflation will rise over 2025, December’s figure fell to 2.5 per cent Inflation fell to 2.5 per cent, according to figures released by the Office for National Statistics (ONS) on Wednesday. This is down from November’s level of 2.6 per cent despite experts predicting it would hold at this level, if not
UK average earnings have hit a six-month high, according to the Office for National Statistics (ONS). UK average wages rose by 5.6% in the three months to November, up from 5.2% for the previous three months. 1 Official figures have been released this morning Meanwhile, annual average earnings were up 2.2% from the year before,
The stock markets in the United States are closed on Monday, January 20, on account of Martin Luther King Jr. Day holiday. Every year on Martin Luther King Jr. Day, the US government is closed and people across the nation take part in a day of service. The US government shuts down on the third
CHANCELLOR Rachel Reeves’s Budget will create short-term economic growth at the cost of higher inflation and lower wages, researchers say. An increase in government spending will see growth shoot up to 1.3 per cent in 2025 before falling slightly to 1.2 per cent in 2026, said a think tank report published today. The boost, however, may only
Gold prices rebound from $2,689 support during the Asian session, driven by safe-haven demand. The weakening US Dollar reflects expectations of two Federal Reserve rate cuts in 2025 due to easing US inflation. Concerns over President-elect Donald Trump’s trade tariffs further bolster demand for gold above $2,700. Gold (XAU/USD) prices found support around $2,689 during the
NEW YORK — A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That’s the highest closing price recorded for the commodity to date. Here’s what you need to know. The spot price of gold closed
The recent natural disasters across the world has brought climate risk to the fore. This has also caused concern among some about overly investing in physical assets. In this article, we discuss the new-age risk associated with physical and financial assets. Climate and technology All investments are exposed to some risk. Investment in bank deposits
GOLD prices hit a new high this week, which has meant investors are now racing to buy the precious metal. The price of gold hit a fresh record of $2,531.60 (£1,943.83) an ounce on Tuesday afternoon after rising by a hefty 1% during the day. 1 The price of gold has risen drastically over the
As I have been banging on about it, gold finally reached the $2500 mark on Friday after a tight consolidation below it for several weeks, notes Fawad Razaqzada, technical analyst at Trading Candles. Despite falling a little in early Monday trade, I think gold is likely to climb higher and remain in a dip-buying mode. For one
Date 8/18/2024 2:07:37 PM (MENAFN– Jordan News Agency) Amman, August 18 (Petra) – The Agricultural Credit Corporation (ACC) has extended loans worth JD 2.616 million to 295 borrowers under the Irrigated and Rainfed Agricultural Land Development and Exploitation Project in the first half of 2024.This financial support is part