September 24, 2024

Australia Keeps Interest Rate at 4.35%

The Reserve Bank of Australia (RBA) held interest rates steady at 4.35%, following its board meeting on Tuesday.

In a statement, the RBA acknowledged inflation had “fallen substantially” but it was still beyond the “midpoint” of the boards target b…

Gold Prices Steady after Fed Policymakers Back Rate Cuts

Gold prices held their ground on Tuesday, after hitting an all-time high in the previous session, following comments by US Federal Reserve officials that backed additional interest rate cuts in the future.

Spot gold was steady near $2,625.52 per ou…