Gold loses shine as focus shifts to US inflation data
Gold prices tumbled on Monday as hopes for a de-escalation in the Middle East reduced its safe-haven appeal.
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US interest rates
Gold gleams despite rate hike expectations
Gold prices climbed on Thursday, defying expectations of pressure from rising US interest rates.
China’s c. bank continues gold-buying streak for 17th consecutive month
China’s central bank persistently bolstered its gold reserves for the 17th consecutive month in March.
Oil prices drop on worries about interest rate hikes
Oil prices fell on Thursday due to concerns about slow demand and the possibility of elevated US interest rates,…
Africa’s debt to remain above pre-pandemic levels through ’25 – UN official
Africa's public debt is projected to remain elevated above pre-pandemic levels in 2024 and 2025, with numerous…
U.S. Fed keeps key interest rates unchanged, foresees three upcoming cuts in 2024
The U.S. Federal Reserve has on Wednesday kept its key interest rates unchanged for the third straight time and set…
Concerns about US commercial real estate risks on rise
The U.S. real estate sector has been under pressure by the Federal Reserve continuous interest rate increase,…
Oil prices drop amidst SVB crisis
Oil prices continues its decline, falling $1 on Tuesday, as the latest Silicon Valley Bank crisis caused turmoil in…
US economy adds 311K jobs in February
U.S. economy has added 311,000 jobs in February, exceeding economists’ expectations, which estimated the number to…
Oil prices falls amid U.S. Fed interest rate hike concerns
Oil prices fell for third trading session on Wednesday dependent on the U.S. Federal Reserve’s prediction that it…
