Category: Business

Gold Prices Inch Lower as US Inflation Data Looms

Gold prices edged lower on Wednesday as investors remained on the sidelines ahead of a key US inflation print later in the day that could set the tone for the Federal Reserve’s September policy meeting.

Spot gold eased 0.2% to $2,460.87 per ounce. Pr…

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Japan’s Nikkei Surges Over 3 Percent

Japanese stocks rose Tuesday at the end of trading after returning from a long weekend, supported by the performance of the auto industry, technology, and financial sectors, against the backdrop of a weaker yen.

The Nikkei 225 surged at the end of th…

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Dollar Stabilizes at 103.13 Points

The dollar stabilized on Monday as traders awaited US economic data to gauge its impact on the prospects of a larger-than-expected interest rate cut, while a rise in Japanese stocks helped stem losses from yen carry trades. The dollar index, which mea…

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