Gold strengthened on Monday due to increased tensions in the Middle East, which bolstered demand for the safe-haven asset. Additionally, market participants awaited the Federal Reserve policy decision later in the week for further insight into the timing of the first US interest rate cut of the year. Spot gold rose by 0.4% to $2,027.00 an ounce by 12:02 pm ET (1702 GMT).
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bMlxBE4
Subscribe to:
Post Comments (Atom)
Why 2 spice cos are in global regulatory soup
The spice industry is facing growth challenges due to regulatory actions against MDH and Everest brands for ethylene oxide contamination. Bo...
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
The Delhi High Court on Thursday dismissed the pleas of TTV Dhinakaran and VK Sasikala challenging the Election Commission's order grant...
-
Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with...
No comments:
Post a Comment