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PRECIOUS-Gold steady as dollar, bond yields retreat after U.S. jobs data

Gold prices held steady on Monday, helped by a pullback in the dollar and lower bond yields after a weaker-than-expected U.S. monthly jobs report calmed investor fears over tightening of monetary policy. ....

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METALS-London copper eases as China exports data fans demand concerns

London copper prices fell on Monday, as lower-than-expected Chinese exports data sparked concerns of weakening demand for the red metal, which is often considered a bellwether of the global economy due to its wide industrial uses. ....

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Expensive food items at global level increase inflation: Farrukh

FAISALABAD: Minister of State for Information and Broadcasting Farrukh Habib has said that the Pakistan Tehreek-e-Insaf government is striving to pass on minimum impact of global inflation to its. ....

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PRECIOUS-Gold prices dip as firmer U.S. dollar eclipses lower yields

Spot gold may retreat into $1,864-$1,877/oz range - Technicals
U.S. 10-year yields hover near 1-week low (Adds details, chart, and updates prices)
June 7 (Reuters) - Gold prices dipped on Monday, as an uptick in the dollar dimmed the appeal of the safe-haven metal, although a pullback in U.S. Treasury yields and prospects of a prolonged accommodative interest rate environment limited losses.
Spot gold was down 0.4% at $1,883.10 per ounce, as of 0637 GMT, after rising more than 1% in the previous session, as last month’s U.S. non-farm payrolls fell short of expectations.
U.S. gold futures eased 0.3% to $1,886. ....

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Welcome To IANS Live - BUSINESS - G7 decision to force Amazon, FB, Google pay tax where services sold: CAIT

This move, though at a very preliminary stage and if implemented, will certainly put checks and balances on the business practices of multinational companies and could be termed as a most progressive step which will bring a diagonal reform in international taxation system having vital bearings on the working of large number of multinational companies who are devising ways and means to avoid the tax liability to the exchequer of consuming countries, CAIT said. Howe ....

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