Gold prices decline on Federal Reserve rate decision in trading
Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot...
Tag : central banks
OECD inflation eases to 4.2% as lower energy rates take hold
Headline inflation across OECD economies eased to 4.2% in June 2026 from 4.6% in May, ending three straight monthly increases. The measure tracks annual changes...
Gold prices surge to record high near 4500 per ounce
LONDON, December 24, 2025: Gold prices surged to an all-time high on Monday, approaching the $4,500 per ounce mark, as investors sought stability amid volatile global...
World merchandise trade to grow 2.7% in 2024, WTO forecasts
MENA Newswire News Desk: Global merchandise trade showed signs of recovery in the first half of 2024 with a year-on-year increase of 2.3%, according to the...
Gold price hits new all-time high amid macro uncertainties
MENA Newswire News Desk: Precious metals are shining brighter as gold hit an all-time high of USD 2,607 per ounce earlier this month, reflecting a...