Market

Gold Prices Inch Higher with US Inflation Data in Focus

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 …

US Stocks Close Higher Wednesday

Wall Street’s main indexes closed higher on Wednesday.

The S and P 500 gained 40.45 points, or 0.70%, to end at 5,791.58 points.

The Nasdaq Composite .IXIC gained 108.91 points, or 0.60%, to 18,291.82.

The Dow Jones Industrial Average .DJI rose 432…

S. Korea’s Fiscal Deficit Widens in First 8 Months of 2024

South Korea’s fiscal deficit grew markedly during the first eight months of 2024 amid weak corporate performances, the Korean finance ministry said Thursday The managed fiscal balance, a key gauge of fiscal health calculated on stricter terms, posted …