Silver Is the New Gold' — Egyptians Try to Protect Savings
In Egypt, the soaring prices and a declining currency have shifted a long-standing tradition. Traditionally, Egyptian women receive a gold jewelry set during their engagement,...
Has the ‘polycrisis’ overwhelmed us?
Sun Jan 28, 2024 07:26 PM Last update on: Sun Jan 28, 2024 08:24 PM NATO Secretary General Jens Stoltenberg, Poland’s President Andrzej Duda and...
Global markets and US futures slide as Fitch downgrades US debt rating
Hong Kong/London CNN — Global stock markets fell Wednesday after ratings agency Fitch downgraded its US credit rating, citing “a steady deterioration in standards of...
Global markets slide as recession fears grip investors
Hong Kong/London CNN — Stock markets in Europe and Asia fell Friday as investors became increasingly worried that more interest rate hikes by central banks...
Gold firms on Fed rate pause hopes, softer dollar
(Reuters) – Gold prices edged higher on Wednesday on expectations of an interest rate pause at the Federal Reserve’s policy meeting concluding later in the...
Gold holds ground on softer dollar, rate-hike pause bets
(Reuters) – Gold prices steadied in a tight range on Tuesday as optimism that the U.S. central bank will not hike interest rates this month...
Global markets mixed as Credit Suisse accepts $54 billion lifeline
Hong Kong/London CNN — European markets breathed a small sigh of relief Thursday as beleaguered lender Credit Suisse accepted a loan from Switzerland’s central bank,...
Global markets plunge after US bank stocks sell off
London/Hong Kong CNN — Markets in Europe and Asia tumbled Friday following a sharp selloff in banking stocks in the United States as a major...
Gold holds near 1-week low as Powell sticks to hawkish narrative
(Reuters) – Gold steadied on Wednesday after shedding nearly 2% in the previous session on an elevated dollar, with demand for the non-yielding asset blunted...
Asia Gold-China demand buoyant, India ramps up purchases
By Rajendra Jadhav, Seher Dareen * Gold imports flowing into China over past few weeks- MKS PAMP * Indian banks importing more gold since market...