Page 5 - Adrian Ash News Today : Breaking News, Live Updates & Top Stories | Vimarsana

U.S. dollar stays nearly flat on weak services PMI data-

While gold prices have continued to tick higher on an underlying basis coming into this spring's US debt ceiling crisis, investment demand simply isn't replaying the panicked surge of 2011 when Obama did a deal to raise the limit

Cost for gold grows worse if interest rates on cash are rising. against that you have had these financial and political stress is rising. the socio economic distress of the pandemic and coming out of that. really, gold is acting very much as advertised, it is acting as a safe haven, as a hedge against what is happening in otherfinancial hedge against what is happening in other financial assets. thank you very much joining us. adrian ash, director of research at bullionvault. let's get some of the day's other news now. wall street giantjpmorgan chase is cutting jobs at the failed us lender firs...

* Gold has found support from banking stress - analyst * FOMC starts two-day meeting on interest rates May 2 (Reuters) - Gold prices traded in a narrow b... | 05:10am

Gold ticked up on Tuesday on concerns surrounding the U.S. banking crisis and debt ceiling negotiations, while traders also braced for clues on the path of interest rates from the U.S. Federal Reserve's policy meeting.