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Gold Prices Rise Amid Expectations of US Interest Rate Cuts

Gold prices rose Friday, heading towards achieving weekly gains, supported by increasing hopes for a US interest rate cut in September.

Gold rose in spot transactions by 0.6 percent to USD 2,471.79 per ounce, and rose by 1.7 percent since the beginni…

European Stock Indices Close on Mixed Board This Week

European stocks ended trading this week with strong gains, amid optimism following a series of positive US data.

The European Stoxx 600 index Friday rose 0.3 percent , recording its best weekly performance since May 6, as it increased by 2.4 percent …