TAG: U.S. Federal Reserve
Gold prices down nearly 2% after hitting all-time high, here's why
Gold prices dipped on Friday following a near-record peak in the previous session, buoyed by a strengthening dollar. However, they remain poised for a weekly increase after the US Federal Reserve's announcement that it anticipates three rate cuts in 2024...
6 months ago
Oil prices decline amid Israel-Hamas peace talks, Fed rate cut expectations
Oil prices dropped by over $1 per barrel on Monday due to ceasefire talks between Israel and Hamas in Cairo, which alleviated concerns about a broader conflict in the Middle East. Additionally, U.S. inflation data suggested that interest rate cuts migh...
5 months ago