Interest Rates

Last Updated: July 15, 2023, 03:11 ISTNew York, United States of America (USA)Spot gold fell 0.1% to $1,959.27 per ounce by 01:45 p.m. EDT (1745 GMT), but has gained about 1.8% so far this week. U.S. gold futures settled little changed at…

The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections in its April forecasts, but data since then has shown a mixed picture, with “pockets of resilience” alongside signs of…

Last Updated: July 11, 2023, 01:10 ISTNew York, United States of America (USA)Spot gold was steady at $1,923.59 per ounce by 10:10 a.m. EDT (1410 GMT). U.S. gold futures lost 0.2% to $1,928.60.Gold steadies ahead of US inflation data, while…

Last Updated: July 11, 2023, 01:31 ISTNew York, United States of America (USA)A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. (Reuters/File Photo)Wall Street…

Last Updated: July 07, 2023, 02:06 ISTNew York, United States of America (USA)Gold is highly sensitive to rising U.S. interest rates, as they increase the opportunity cost of holding non-yielding bullion. Spot gold was down 0.4% at…

Last Updated: July 06, 2023, 02:16 ISTNew York, United States of America (USA)Gold is highly sensitive to rising U.S. interest rates, as they increase the opportunity cost of holding non-yielding bullion. Spot gold was down 0.5% at…

MSCI’s global equities index lost ground on Wednesday after weaker-than-expected overseas data and as investors monitored a heating up of American-Chinese trade tensions while they awaited upcoming U.S. economic data and second-quarter…

Last Updated: July 06, 2023, 02:30 ISTSaudi Arabia, the world's biggest crude exporter, on Monday said it would extend its voluntary output cut of 1 million barrels per day (bpd) to August. (Photo: Reuters)U.S. West Texas Intermediate…

Last Updated: July 04, 2023, 00:41 ISTNew York, United States of America (USA)Gold also garnered support from a pullback in the dollar after data showed U.S. manufacturing slumped further in June. (Representative image)Spot gold was up 0.1%…

Tesla’s second-quarter deliveries rose 83% from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of U.S. government tax credits.The Austin, Texas, producer of EV, solar…