Gold Price Rises as Dollar and Yields Slip on US Jobs Data – News18

[ad_1] Last Updated: July 08, 2023, 01:38 IST New York, United States of America (USA) Gold remains stubbornly bid – trading higher even before the number. Today’s report has given bulls some relief, at least short term, said Tai Wong, a New York-based independent metals trader. Gold prices rise as weaker US nonfarm payrolls cast … Read more

Dollar Holds Steady as Monetary Policy Outlook Remains Uncertain

[ad_1] Last Updated: May 11, 2023, 03:32 IST The dollar index in afternoon trading was at 101.48, up 0.1% after hitting a low of 101.21 earlier. (Image: File Photo) A U.S. Labor Department report on Wednesday showed the annual increase in consumer prices dipped below 5% in April for the first time in two years … Read more

US Dollar Edges Higher as GDP, Jobless Claims Affirm Rate Hike Bets

[ad_1] Last Updated: April 28, 2023, 02:41 IST 22 central banks have their currencies pegged to the US dollar. (Representative image/Reuters) Economists polled by Reuters had forecast GDP rising at a 2.0% rate The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first quarter is viewed as not likely to deter the … Read more