Gold Falls As Iran War, Robust US Jobs Data Dim Fed Rate-Cut Hopes

Gold prices fell on Monday, pressured by a stronger dollar as elevated oil prices on the back of a protracted Iran war and stronger-than-expected U.S. jobs data dampened hopes for interest rate cuts by the Federal Reserve.Spot gold slipped 0.5% to $4,652.89 per ounce by 0452 GMT,

Read More

  • Related Posts

    NCLT Set to Rule on SpiceJet’s Rs 500-Crore Insolvency Battle Today After Lessor Fury

    The National Company Law Tribunal (NCLT) is set to pronounce its verdict on Wednesday in an insolvency petition filed against SpiceJet, in a case that has already drawn a rare rebuke from the bench over the airline’s handling of settlement talks with its creditors.A special bench Read More

    India’s Food Safety Crackdown Intensifies: Restaurants, Quick-Commerce Warehouses, Food Makers Face Action Over Hygiene Violations, Adulteration, Misleading Labels and Expired Stock

    India’s food regulatory bodies have tightened enforcement across India’s food and beverage sector, from labelling standards for spirits makers to hygiene compliance for restaurants and delivery platforms. Several hotels and eateries have been subjected to temporary closure across Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *