Gold prices rose in trading on Tuesday, supported by rising concerns about inflation, as the sentiment of risk aversion and inflation fears boosted the attractiveness of the precious metal. This comes despite the gains capped by the strength of the…
Continue ReadingGold prices fell today, Monday, at the beginning of the week’s trading, after the session started flat. And the weak job growth numbers failed to calm expectations that the US Federal Reserve will begin to scale back its stimulus this…
Continue ReadingGold prices rose, during trading today, Thursday, in light of the anticipation of the release of US jobs data, and the decline in the dollar index. Gold prices rose marginally, at the close of trading on Wednesday, with the decline…
Continue ReadingGold prices fell during trading today, Tuesday, with the rise in the price of the dollar, which benefited from the weak risk sentiment. This comes amid expectations that bullion will witness volatile trade in the run-up to the US jobs…
Continue ReadingWhile the Fed reaffirms its commitment to full employment, some economists wonder how effective its bond purchase programme and low yields are in boosting the real economy right now. “At the beginning of the pandemic crisis, quantitative easing (QE) had…
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