Gold prices gained on Thursday, helped by a weaker US dollar and Treasury yields, as investors waited for more US data to gauge the outlook for interest rates after a key inflation report dampened hopes for a larger cut in September.
Spot gold was up…
The United Kingdom’s (UK) economy grew by 0.6 percent in the second quarter (Q2) of 2024, after the recession recorded in the second half of 2023.
UK’s Office for National Statistics (ONS) said on Thursday that the level of gross domestic product (GD…
Gold prices fell 1 percent Wednesday, after data showed that consumer prices in the United States rose in July as expected, reducing expectations of a large interest rate cut by the Federal Reserve next month.
Spot gold fell 1 percent to $2,440.62 pe…
South Korea’s export of information and communications technology (ICT) products rose for the ninth consecutive month in July, backed up by strong performances from key sectors.
The ICT products shipment soared 32.8 percent from a year earlier to USD…