Wall Street today: Wall Street losses deepened on Friday, August 2, with a sharp drop in US equities and US Treasury yields at multi-month lows after a weak jobs report fueled worries the US Federal Reserve has been too slow to cut key the interest rates, risking a more pronounced […]
Spot gold prices
Gold Prices Today: The yellow metal held above the key $2,400 per ounce pivot on Friday, July 12, and were headed for their third straight weekly gain, as investors grew confident that the US federal Reserve was on track to lower interest rates soon after the latest consumer price-based inflation […]
Gold has outshone equity markets in the first half of calendar year 2024, defying expectations and showcasing its resilience. Spot gold prices on the Multi Commodity Exchange surged 14%, outpacing the benchmark Nifty50 index. Globally, the yellow metal climbed nearly 13% during the period, reaching $2,380 per ounce. This rally […]