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  • stronger dollar

Tag: stronger dollar

gold
  • Commodity Market

Gold prices rise on economic uncertainty

Mahalakshmi@fastura.com4 months ago01 mins

Gold prices rose 0.28% to ₹77,747 on the back of the Federal Reserve’s rate cut for 2025 amid concerns over taxation after the US election. A stronger dollar and higher Treasury yields generally weigh on gold. Following three rate cuts in 2024, the Fed is expecting two more cuts in 2025, with markets easing by…

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copper
  • Commodity Market

As the dollar nears higher levels, copper has fallen to levels not seen since early August

Mahalakshmi@fastura.com7 months ago01 mins

Copper prices fell -0.91% to settle at 814.8, driven by a stronger dollar that touched levels near 103.8, dampening hopes for a quick cut in interest rates by the Federal Reserve. Although China’s central bank cut benchmark lending rates to record lows, one- and five-year lending prime rates were cut by 25 basis points to…

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