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Global shares mixed, China markets closed for holidays | Borneo Bulletin Online

TOKYO (AP) – Global shares were mixed yesterday after Wall Street indexes finished little changed as investors awaited earnings results from major global companies. The United States (US) government will release economic growth data for the fourth quarter today. Economists expect the economy expanded at an annual pace of less than one per cent, down […]
United States United Kingdom Jugeshinder Singh Wealthi Peter Esho Yeap Jun Rong Flagship Adani Enterprises

Gold rises, set for weekly gain with spotlight on US jobs data

Gold prices edged higher on Friday and were on track for a third straight weekly gain, with investors keenly awaiting key USĀ jobs report to gauge the US Federal Reserve's rate hike stance. Spot gold rose 0.3 per cent to $1,838.38 per ounce, as of 0238 GMT. Prices up about 0.8 per cent for the week so far. US gold futures gained 0.2 per cent to $1,843.80. The market's focus
United States Edward Moya James Bullard Yeap Jun Rong Us Labor Department Yeap Jun

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Gold prices edge higher as weaker dollar lifts appeal

Gold prices ticked higher on Monday as a tepid dollar made bullion less expensive for overseas buyers, although the prospects of further interest rate hikes by the USĀ Federal Reserve next year kept gains in check. Spot gold was up 0.1 per centĀ at $1,794.60 per ounce, as of 0226 GMT. USĀ gold futures rose 0.2 per centĀ at $1,804.00. The dollar index slipped 0.1 per cent.
Jerome Powell Yeap Jun Rong Federal Reserve Yeap Jun Fed Chair Jerome Powell World Economics

Gold edges higher as traders eye US inflation data, Fed rate decision

Gold prices edged up on Tuesday helped by a softer dollar, although prices moved in a tight range as investors maintained caution ahead of USĀ inflation data and the Federal Reserve's policy decision. Spot gold gained 0.3 per centĀ to $1,785.78 per ounce, as of 0302 GMT. USĀ gold futures were up 0.3 per centĀ at $1,796.50. The dollar index was down 0.2 per cent. A weaker dollar
Yeap Jun Rong Goldman Sachs Federal Reserve Yeap Jun Business News Gold Prices

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