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Gold price in the international market touched a two-month low of around $1,992 per ounce level due to higher-than-expected US CPI data. However, some value buying enabled the metal to regain some ground ....
Both oil benchmark contracts lost more than $1 per barrel on Wednesday, pressured by the rise in US crude inventories as refining dropped to its lowest levels since December 2022. ....
Gold rate today: Geopolitical tensions in the Middle East and the US government revising last year s inflation figures may support gold prices in the near term, believe experts ....
The Federal Reserve s dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024, though strength in the U.S. economy could limit the greenback’s decline. ....