Roger J Kerr is pleased the sticky inflation problem is getting acknowledged by the RBNZ. And he reviews where the US Fed is at in its assessments of inflation-control progress
Gold, silver price on 13 May 2024: Yellow metal and silver retreat as investors book profits amid uncertainty businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Spot gold was down 0.3 per cent at $2,291.88 per ounce, after hitting a record high of $2,304.09 earlier in the day. US gold futures declined 0.3 per cent to $2,308.30
Silver opened at Rs 74,487 per kg and hit an intraday low of Rs 74,359 on the MCX. In the international market, the price hovered around $24.45 per ounce.