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Gold gains due to US jobs data failure to boost early central bank tight challenges

Manikandan Fastura5 years ago03 mins

As the dollar weakened, investors flocked to the U.S. Gold rose on Friday as the Federal Reserve weighed in on the chances of a tightening, with the U.S. strongest. Showed a slight increase in the unemployment rate after the employment report. Spot gold rose 0.4% to $ 1,784.21 per ounce, hitting $ 1,794.86, its highest…

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  • Indian Market

Asian stocks are slipping and deepening weekly losses after the Hockey Federal

Manikandan Fastura5 years ago04 mins

In 2023, the U.S. Asian stocks extended losses for the week as investors digested feedback from the Federal Reserve’s plan rate hike. Treasury yields were high and the Green Pack was nearing a two-month high on Friday. While the central bank press release did not show a clear end to pro-policy measures such as bond…

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