July 12, 2024

Gold Prices Decline, but Set for Weekly Gains

Gold prices declined on Friday, but are poised to record gains for the 3rd consecutive week, amid hopes that the US Federal Reserve will cut interest rates in September.

Spot gold slipped 0.2% at $2,409.19 per ounce after rising 2% on Thursday. US go…

France’s Inflation Rate Retreats to 2.2% in June

Data from the French National Institute of Statistics and Economic Studies (INSEE) showed today that the inflation rate in the country retreated to 2.2 percent on an annual basis last June.

The institute’s data attributed this slight slowdown to weak…

European Stock Indices Close at Highest Level in More Than Month

European stock indices rose on Friday at the close and achieved their second weekly gain in a row thanks to strong business results and optimism among investors regarding an interest rate cut in the US next September.

The European Stoxx 600 index clo…

Football: Real Sociedad Sign Man City Full Back

Real Sociedad announced today that they signed Spanish full back Sergio Gomez from Manchester City.

The left-back signed a six-year deal, the club said in a statement on its official website. The 23 year-old hardly featured for the English Premier Le…