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 ...

Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...

Trending

Googleplus