Gold inches above $2,700/oz: can prices keep upside momentum?
Gold prices inched above the $2,700 per ounce mark on Wednesday again as traders remained focused on the release of the US CPI inflation data. A milder US dollar also…
Economy
1536 posts
IRS stimulus checks: 1 million taxpayers to receive payments—are you one of them?
The IRS is set to send out $2.4 billion in stimulus payments to eligible US taxpayers by late January. These payments, issued via direct deposit or paper checks, are targeted…
Vietnam overtakes Japan in China’s export market for the first time
Vietnam has surpassed Japan to become China’s third-largest export destination for the first time, marking a significant shift in global trade patterns. This transformation is largely driven by US tariffs,…
Asian markets mixed as US inflation data and earnings season take center stage
Asian markets presented a mixed picture on Tuesday, as bargain buying following recent losses was countered by ongoing concerns about the global economic outlook and the potential impact of a…
Dollar weakens on reports of Trump team considering gradual tariffs
The US dollar experienced a broad decline against almost every major currency on Tuesday, following a Bloomberg News report that Donald Trump’s incoming economic team is considering a more gradual…
Will gold prices soar if Trump returns to the White House?
The recent price behaviour of gold has underlined its importance as a safe-haven asset even at a time of rising currencies and a shifting macroeconomic scenario. Gold prices on COMEX…
INR falls below 86 for the first time against the Dollar: analysts share why it may cross 90
The Indian Rupee (INR) plunged to an all-time low of 86.2050 against the US dollar on Monday, breaching the 86 mark for the first time in its history. The depreciation…
Gold prices soar to one-month highs: what’s supporting the rally?
Gold prices are back above the $2,700 per ounce mark on Friday as increased safe-haven demand boosted sentiments. Prices have climbed to a near one-month high on Friday because of…
Venezuela on the edge: why January 10 is crucial for its future
January 10 is a crucial day in Venezuela because it initiates a new presidential term. Nevertheless, the problem is the controversial fact that the elections on July 28 have brought…
Why does Trump want Greenland? The geopolitical power play explained
In 1946, President Harry Truman proposed buying Greenland for $100 million in gold, recognizing its strategic importance in the early Cold War. The offer was rejected. Decades later, Donald Trump…