Central banks buying gold amid geopolitical tensions, are impacting prices. Dollar strength boosts gold. Corrections are expected due to US inflation while rate cuts are anticipated from major banks. Gold remains a strategic investment with limited short-term upside. Shah says: "Dollar strong, gold strong is working because central banks are buying left, right and centre."
Dr Hilaire's return a cautious move - Trinidad and Tobago Newsday newsday.co.tt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.co.tt Daily Mail and Mail on Sunday newspapers.
Britain’s impressive slowdown in inflation has increased speculation around a rate cut next year. The headline consumer price index lost 0.2% in November, and the annual rate slowed from 4.6% to 3.9% – impressively below the expected 4.3%. Inflation excluding food and energy slowed from 5.7% to 5.1%, versus an expected 5.6%. This is the slowest rate of growth since September 2021 in the former and since January 2022 in the latter.
Managing Director and Chief Executive Officer TV Narendran said Tata Steel’s Rs 16,000 crore capex in FY24 is on track. India demand continues to be strong.
George Soros: He is also largely blamed for the collapse of the UK Central Bank - The Bank of England - in 1992 because he short-sold USD 10 billion worth of pounds that made him a profit of USD 1 billion.