Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the Fed. The criminal charges against US Federal Reserve marks an escalation of President Donald Trump’s longstanding feud with the Fed Chair […]
Prices of gold and silver rose to an all-time high today, tracking global cues stemming from growing expectations of more interest-rate cuts by the US Federal Reserve and strong safe-haven demand. Silver has surged 138% year-to-date, vastly outperforming gold, underpinned by robust investment inflows and persistent supply constraints. (Unsplash) What’s the gold, silver rate today […]
India’s stock markets are trading mixed after the US Federal Reserve delivered a third straight interest-rate cut, as investors tracked cues on progress of a India-US trade deal that’s been a WIP for months. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg) On Thursday, the 30-share BSE Sensex opened 0.17% higher only […]
Gold prices rose for a third day after the US Federal Reserve delivered a widely expected interest-rate cut on Wednesday, while silver climbed to a record high. A dovish Fed is positive for precious metals, such as silver and gold, which typically benefit from low rates as they don’t pay interest. (Unsplash) Bullion advanced as […]
A divided US Federal Reserve has cut the interest rate by 25 basis points to a range between 3.50% and 3.75%, but the path for ahead for future rate cut is uncertain. US Federal Reserve Chair Jerome Powell. (Reuters) A split within the central bank deepened with two officials voting to keep rates unchanged, while […]
Gold rose, on track for a fourth monthly gain, on heightened expectations for another interest-rate by the US Federal Reserve. Silver advanced to within a dollar of a record. Gold has consolidated above the $4,000-an-ounce level since pulling back from its peak. (AFP) Gold prices rose 0.8% to $4,190.17 an ounce as of 10:03 am […]
Gold prices held a three-day drop, hurt by fading expectations for another rate cut by the US Federal Reserve next month. Gold has still gained more than 50% this year despite the recent pullback, and remains on course for the best annual gain since 1979. (Bloomberg) Gold traded near $4,034 an ounce, after losing almost […]
Bullion steadied following two days of losses that were spurred by fading optimism the US Federal Reserve will cut interest rates next month. Gold is still up about 55% this year and remains on target for its best annual performance since 1979. (AFP) The gold price was trading slightly below $4,100 an ounce on Monday, […]
The global economy stands at a crucial juncture as protectionist impulses, monetary tightening, and changing consumption patterns converge. We are witnessing tectonic shifts in the global power equation and currency hegemony. Recent tariff escalations, particularly between the U.S. and key Asian exporters, have reignited concerns over global trade flows and inflationary pressures. At the same […]
Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate cuts. Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP) Gold prices rose as much as 0.9% to trade near $3,967 an ounce after falling almost 5% over […]
