Tag: gold
Gold price gains for second consecutive week, silver surges to 11-year peak
At 1304 GMT, spot gold surged by 0.9% to $2,396.81 per ounce. Bullion prices have climbed by 1.5% this week, following a one-month high on [Read more about this post…]
Wall Street today: US stocks flat after inflation driven rally
US stock IndIces were flat at the open on Thursday, a day after hitting all-time highs. At the opening bell, the Dow Jones Industrial Average [Read more about this post…]
Wall Street today: US stocks surge after inflation data
US stocks surged on Wednesday, with the Nasdaq and the S&P 500 hitting intraday record highs after consumer prices increased less than expected in April. [Read more about this post…]
Wall Street today: US stocks flat ahead of Jerome Powell’s speech
US stock indices were flat on Tuesday after stronger-than-expected producer prices inflation and ahead of Federal Reserve Chair Jerome Powell’s speech later in the day. [Read more about this post…]
Wall Street week ahead: Investors’ focus on inflation & retail sales data, Walmart earnings
Investors on Wall Street in the week ahead will look for two major economic data – consumer price inflation and US retail sales – apart [Read more about this post…]
Gold hits two-week high on US rate cut speculation; silver surges marginally
Gold prices surged on Friday, marking their most substantial weekly gain since early April, driven by pessimism surrounding the weak U.S. employment data, which bolstered [Read more about this post…]
Akshaya Tritiya 2024: Gold prices dip a bit ahead of festival — is this the right time to buy precious metal?
Gold prices on Wednesday saw a slight decline thanks to a strong dollar exerting pressure on prices. Investors remained cautious, awaiting US data to glean [Read more about this post…]
Gold prices rise due to weakened dollar and soft US jobs data, silver jumps 2.4%
Gold prices surged by over 1%, buoyed by a weakening U.S. dollar following subdued U.S. jobs data, on Monday. This prompted speculation of potential interest [Read more about this post…]
Wall Street today: US stocks surge on rate cut hopes
Wall Street: US stocks surged on Monday on greater hopes of the US Federal Reserve cutting interest rates this year. The Dow Jones Industrial Average [Read more about this post…]
Wall Street week ahead: Investors to watch credit & consumer sentiment reports, major earnings
oOn Wall Street in the week ahead, there’s not much on economic front for market participants to watch for except the senior loan officer opinion [Read more about this post…]
