38390
Gold Lowest in 2 Weeks
World Economy

Gold Lowest in 2 Weeks

Gold fell to its lowest in almost two weeks on Tuesday as the dollar firmed ahead of a Federal Reserve meeting that is expected to give clues on the pace of future US rate rises, Reuters reported. Spot gold fell to $1,225.70 an ounce, its lowest since March 2, in earlier trade and was down 0.2% at $1,234.21. US gold futures slid 0.9% to $1,234.30 an ounce. Worries about global growth and financial instability had led investors to reprice prospects for increases in US rates, sending safe-haven gold to a 13-month high last week.

 

Short URL : http://goo.gl/jWNwFF
  1. http://goo.gl/QqAOfr
  • http://goo.gl/6BXrcG
  • http://goo.gl/rkYsbM
  • http://goo.gl/cl09ka
  • http://goo.gl/45E3Aa

You can also read ...

The expected increase in the squeeze on living standards comes as the weak pound pushes up the cost of imported  fuel, food and raw materials.
All eyes will turn Tuesday to Britain’s consumer price index...
Australia Household Debt Rising
Household debt in Australia has been on the rise as more...
The eurozone economy has enjoyed a surprisingly strong 2017.
Exports of goods from the eurozone jumped in August,...
World Bank says another $500 billion in infrastructure spending is needed over the next five years.
Indonesia is on track to become a trillion-dollar economy and...
Increase in China Factory Price Inflation
China’s factory price inflation rose again in September,...
Japan Factory Output Up
Japan’s industrial production increased less than initially...
Venezuela Needs $30b a Year to Rescue Economy
The International Monetary Fund calculates a potential rescue...
Russia FDI Almost Doubles
The volume of foreign direct investment has almost doubled in...

Trending

Googleplus