Gold Prices Slip Below Crucial $4,000 Mark as Strong US Dollar Pressures Bullion

Gold extended losses on ‌Thursday, after breaking below the key $4,000-per-ounce level for the first time in seven months a day earlier, as the dollar held strong on rising expectations of Federal Reserve interest rate hikes ​this year.Spot gold was down 0.7% at $3,971.08 per oun

Read More

  • Related Posts

    Crude Oil Prices Today: Brent Crashes Toward $73 As Easing Hormuz Blockade Floods Market

    Crude oil prices fell by about 2% on Friday, heading toward sharp weekly losses. The drop comes as shipping routes in the Middle East quickly return to normal, easing fears over recent tensions near Oman.Global benchmark Brent crude fell $1.52 (2.03%) to $73.73 a barrel, while U. Read More

    Kia Defies Global Auto Slowdown as War Lifts EV, Hybrid Demand

    South Korean automotive major Kia Corp. is resisting a global slowdown in demand for auto after rising petrol prices due to the Iraq war bolstered demand for electric vehicles in Europe, and hybrids in the United States, as per CEO Song Ho-sung, citing a Bloomberg report.In the a Read More

    Leave a Reply

    Your email address will not be published.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