Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing Gold prices edged higher on Monday (Dec 8), as rising expectations of a US Federal Reserve…
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Gold edges lower as US jobs data dents rate-cut expectations
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Gold dipped on Thursday (Nov 6) after stronger-than-expected private US payrolls data dented…
US: Wall St opens sharply lower as hot inflation data dents rate cut hopes
WALL Street’s main indexes dropped at the open on Wednesday (Feb 12), as a hotter-than-anticipated inflation reading added to concerns that the Federal Reserve would not cut interest rates…