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Category: Industry

Gold Flirts with Record Highs ahead of US Data

Gold rose on Thursday to hover below record levels, underpinned by uncertainty surrounding the US election and expectations of more rate cuts by major central banks, while investors looked forward to a slew of US data for further direction.

Spot gol…

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Dollar Holds Near 11-Week High

The dollar held near an 11-week high while the Australian dollar rose on Thursday after employment numbers beat forecasts for a sixth straight month.

The dollar index was last steady at 103.47, having peaked at 103.60 in the previous session.

The A…

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US Stocks End Higher

US stocks ended higher at the end of the trading session on Wednesday.

The S and P 500 gained 27.07 points, or 0.47 percent, to end at 5,842.33 points, while the Nasdaq Composite gained 50.92 points, or 0.28 percent, to 18,366.51.

The Dow Jones Ind…

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