August 15, 2026
Brent rose 1.45 per cent to $88.33 as Washington threatened to widen economic pressure on Iran including an extended naval blockade. Spot gold reached $4,380 an ounce and US consumer sentiment deteriorated on the rising cost of living.
July 27, 2026
Bullion opened the new business week unchanged at Rs427,736 a tola for 24-karat gold, with international spot at $4,053 an ounce. Fuel prices are also holding, at Rs335.18 for petrol and Rs383.46 for diesel, after OGRA left rates untouched over a weekend on which Platts benchmarks were not published.
August 11, 2024
PHOENIX: US Vice President Kamala Harris said Saturday that the Federal Reserve is independent and will never interfere in its decisions if she wins the Nov. 5 presidential election. “The Fed is an independent entity, and as chairman I will never interfere in the decisions that the Fed makes,” Harris told reporters in Phoenix, Arizona. Harris’ view contrasts sharply with that of Republican nominee former President Donald Trump, who said Thursday that US presidents should have a say in decisions made by the Federal Reserve, the central bank of the United States. USA. Harris, who was speaking to reporters before
July 5, 2024
U.S. job growth likely slowed to a still-healthy pace in June, with the unemployment rate holding steady at 4 percent, raising the odds that the Federal Reserve will be able to tame inflation without tipping the economy into recession. The closely watched Labor Department report on Friday is also expected to show annual wage growth rising at its slowest pace in three years. When added to the price hold in May, the report would confirm that the deflationary trend is back on track after inflation rose in the first quarter. It could also boost Fed policymakers’ confidence in the outlook
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