Category: Business

Gold Flat as Investors Focus on Fed

Gold prices were flat on Wednesday as investors weighed chances of an outsized interest rate cut by the Federal Reserve later in the day.

Spot gold was little changed at $2,571.28 per ounce. Bullion rose to a record high of $2,589.59 on Monday.

US g…

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Oil Prices Steady as Investors Focus on Fed Decision

Oil prices held steady on Wednesday, after rising in the previous two sessions, as investors await the US Federal Reserves anticipated interest rate cut.

Brent crude futures for November dropped 3 cents to $73.67 a barrel. US crude futures for Octobe…

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Dollar Falls on US Rate Cut Expectations

The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a US easing cycle that markets are betting may begin with an outsized rate cut.

The euro hovered around $1.1123 in the Asia session, not far from the…

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