Us Interest Rates Rise
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Gold Falls 1.5%, Silver Rises 1.6% After Over 3-Week Low
Gold extended falls on Monday, pressured by a firm dollar, as investors gauged US President Donald Trump's Fed chair pick Kevin Warsh's approach to interest rate cuts, while silver recovered from a more than three-week low hit on Friday.
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Why Gold Prices Are Rising Globally In 2026: Explained
Experts predict gold prices could continue to rise, potentially reaching $6,000 per ounce by the end of 2026.
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UK's Unemployment Rate Rises To Nearly A Four-Year High
Britain's unemployment rate climbed to 4.7 percent in the three months to the end of May, the highest level since June 2021. That compared with 4.6 percent in the February-April period.
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Gold Prices Surge To Record High Amid Rate Cut Expectations
The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
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Apple Shares Weaken After Warning of Dull Holiday Quarter
Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.
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IMF Fears Zimbabwe’s Plan to Launch Gold-Backed Digital Asset Could Trigger Financial Instability
The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...
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186 US Banks At Risk Of Silicon Valley Bank-Like Collapse: Study
After the collapse of the Silicon Valley Bank, a new study has found that 186 US banks are at the risk of facing a similar fate. The major reasons for this are rising interest rates and high proportion of uninsured deposits, said the report.
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GM CEO Mary Barra Predicts to Sell More EVs Than Tesla in the US by End of This Decade
General Motors CEO Mary Barra has predicted that her company will sell more electric vehicles in the US than Tesla by the ned of this decade. Her announcement comes whilst spiked inflation, rising interest rates, soaring material costs and a global shortage of computer chips.
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'Make America Great Again' Not So Great For India, Other Nations: Report
With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump's trade war threatens China, the U.S. is set to be the only Group of Seven nation to see economic growth accelerate this year as Trump's tax cuts kick in.
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US Job Growth Strong But Unemployment Rate Rises To 4 Per Cent
US job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases.
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Gold Falls 1.5%, Silver Rises 1.6% After Over 3-Week Low
Gold extended falls on Monday, pressured by a firm dollar, as investors gauged US President Donald Trump's Fed chair pick Kevin Warsh's approach to interest rate cuts, while silver recovered from a more than three-week low hit on Friday.
-
Why Gold Prices Are Rising Globally In 2026: Explained
Experts predict gold prices could continue to rise, potentially reaching $6,000 per ounce by the end of 2026.
-
UK's Unemployment Rate Rises To Nearly A Four-Year High
Britain's unemployment rate climbed to 4.7 percent in the three months to the end of May, the highest level since June 2021. That compared with 4.6 percent in the February-April period.
-
Gold Prices Surge To Record High Amid Rate Cut Expectations
The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
-
Apple Shares Weaken After Warning of Dull Holiday Quarter
Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.
-
IMF Fears Zimbabwe’s Plan to Launch Gold-Backed Digital Asset Could Trigger Financial Instability
The authorities of the International Monetary Fund (IMF) have reached out to the regulators of Zimbabwe advising them against issuing a gold-back digital asset to fight against the rising inflation. Zimbabwe is considering the launch of this stablecoin in order to reduce its dependency on the US dollar amid back-to-back interest rate hikes in the U...
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186 US Banks At Risk Of Silicon Valley Bank-Like Collapse: Study
After the collapse of the Silicon Valley Bank, a new study has found that 186 US banks are at the risk of facing a similar fate. The major reasons for this are rising interest rates and high proportion of uninsured deposits, said the report.
-
GM CEO Mary Barra Predicts to Sell More EVs Than Tesla in the US by End of This Decade
General Motors CEO Mary Barra has predicted that her company will sell more electric vehicles in the US than Tesla by the ned of this decade. Her announcement comes whilst spiked inflation, rising interest rates, soaring material costs and a global shortage of computer chips.
-
'Make America Great Again' Not So Great For India, Other Nations: Report
With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump's trade war threatens China, the U.S. is set to be the only Group of Seven nation to see economic growth accelerate this year as Trump's tax cuts kick in.
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US Job Growth Strong But Unemployment Rate Rises To 4 Per Cent
US job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases.
