Gold Prices Rise as Oil Declines Ahead of Federal Reserve Decision
8 Articles
8 Articles
Gold prices rose with oil falling and inflationary fears receded, while investors await US interest decisions and inflation data. The precious metal climbed 0.27% after the largest weekly loss since June.
Gold prices rose slightly in global market trading on Monday, affected by falling oil prices and easing concerns about inflation.
Gold Price Update: Bullion Rises After 4% Weekly Decline
SINGAPORE: Gold prices edged higher at the start of the new trading week on Monday, while silver also recorded gains. Softer oil prices helped ease some inflation concerns, providing support to bullion, although investors remained focused on the US Federal Reserve’s upcoming interest rate decision. Spot gold rose 0.4% to $4,009.87 per ounce by 0342 […]
Asian stock markets started the week on a mixed note, with oil prices falling after hitting a six-month high on Friday.
Asian stock markets are heading in different directions as the week begins. Oil prices are falling back after reaching their highest level in six months on Friday.
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