Gold prices nudged higher on Thursday, while traders await key US inflation data to gauge the Federal Reserve’s future monetary policy stance.
Spot gold was up 0.2% at $2,613.70 per ounce, after easing for the previous six sessions.
US gold futures …
Price of Kuwaiti oil dropped USD 1.50 to settle on USD 77.62 per barrel on Wednesday compared to USD 79.12 pb on Tuesday, Kuwait Petroleum Corporation (KPC) said on Thursday.
Globally, price of Brent crude dropped by 60 cents to USD 78.58 pb, while W…
Doha: The price of gold in the Qatari market declined by 1.59 percent during the current week, to reach USD 2612.50000 per ounce, according to data issued by Qatar National Bank (QNB).
The data showed that the price gold declined from USD 2654.74510 …
Japan’s wholesale price inflation edged up in September, due mainly to higher prices of everyday food items such as rice.
The Bank of Japan said the preliminary Producer Price Index was up 2.8 percent from a year earlier, a slightly greater increase …