Gold Advances
World Economy

Gold Advances

Gold rose for a second day as traders kept on the sidelines ahead of a highly anticipated Federal Reserve meeting (Dec. 15-16) that’s likely to result in the first US interest rate increase in almost a decade, Bloomberg reported. Bullion for immediate delivery gained as much as 0.5% to $1,066.55 an ounce and was at $1,064.71 by 12:12 p.m. in Singapore, according to Bloomberg generic pricing. Gold has edged higher after a drop on Monday that saw it fall as much as 1.5% to $1,058.95, the lowest since Dec. 4. The metal is heading for a third annual decline.

Short URL : https://goo.gl/iFPcvu
  1. https://goo.gl/XhlnNg
  • https://goo.gl/9FIVkK
  • https://goo.gl/pP0h7t
  • https://goo.gl/asrYZA
  • https://goo.gl/pUMdLT

You can also read ...

India is too poor to grow without exporting.
A trade war would bring forward the next financial crisis...
Turkey’s January industrial output rose an annual 12%.
The International Monetary Fund on Thursday revised up its...
Online searches for “bitcoin” fell 82% from December highs.
Suddenly, Bitcoin seems a bit boring. It might be hard to...
EBRD’s First Lebanon Deal
The European Bank for Reconstruction and Development has made...
Singapore Exports Fall
Singapore’s key non-oil domestic exports unexpectedly declined...
MSS Market in ASEAN Shows 22.3% Growth
The Managed Security Services market in ASEAN continued its...
Alibaba Reaping the Rewards
E-commerce is skyrocketing in China, the country’s National...
Nippon Steel seeks a sharper edge in specialty products.
Nippon Steel & Sumitomo Metal will buy Swedish counterpart...