Category: Industry

Gold Prices Steady as Investors Await US Economic Data

Gold prices held steady on Monday, with investors awaiting key US inflation data due later this week to gauge the size of the Federal Reserve’s likely interest rate cut in September.

Spot gold was little changed at $2,425.94 per ounce, and US gold fu…

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Oil Continues to Rise, Holds On Last Week’s Gains

Oil prices rose for a fifth consecutive session on Monday, extending gains from last week’s more than 3% rise, as US recession fears eased while geopolitical tensions in the Middle East supported prices.

Brent crude futures climbed 22 cents, or 0.3%,…

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South Korea’s memory chip exports to Taiwan

Seoul, South Korea’s memory chip exports to Taiwan surged over 225 percent in the first half from a year earlier on robust demand for high-performance high bandwidth memory products sparked by the fast growth of the global artificial intelligence (AI)…

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