Gold prices edged up on Thursday, aided by a weaker dollar and hopes of a Federal Reserve interest rate cut, while focus turned to a key US inflation print.
Spot gold was up 0.5% to $2,513.77 per ounce, while US gold futures rose 0.4% to $2,546.80.
…
South Korea’s SK hynix, the world’s second-largest memory chip maker, said Thursday it has developed the world’s first 16 gigabyte DDR5 chip using the sixth generation of the 10 nanometer chipmaking technology.
According to SK hynix, the new product …
Tokyo stocks closed mixed on Monday.
The Nikkei 225 index fell 0.02 percent to 38,362.53 points after falling 1.12 percent earlier in the day, while the broader Topix index rose 0.03 percent.
Source: Qatar News Agency
The US dollar failed to sustain its bounce in the run up to a key US inflation reading at the end of the week.
In the broader market, the dollar was struggling to find a floor, after having risen 0.48% in the previous session.
The dollar index was l…