New york: Gold recovered earlier losses to edge higher on Wednesday after US producer prices fell in June, easing inflation concerns and supporting demand for the precious metal. Spot gold was little changed at $4,057.34 an ounce after falling nearly …
Georgetown: Gold prices fell in Asian trading Thursday: Spot gold was down 0.6% at $4,034.42 per ounce. US gold futures for August delivery lost 0.3% to $4,039.90.
According to Qatar News Agency, other precious metals also experienced a decline. Spo…
Seoul: South Korea’s central bank delivered a quarter-percentage-point interest rate hike Thursday, as widely expected, to tackle high inflation amid lingering Middle East uncertainties. The Bank of Korea (BOK) convened a Monetary Policy Board meeting…
Georgetown: Oil prices turned lower on Thursday after paring their early gains, as traders took profits. Brent crude futures slipped 24 cents, or 0.28%, to $84.95 a barrel, while US West Texas Intermediate futures were down 15 cents, or 0.19%, to $79….