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Commodities

Gold Advances as US Dollar Weakens Amid Fed Caution

Gold prices remained steady on Thursday, regaining some of the losses seen earlier in the week as the US Dollar weakened. Investors are carefully assessing the economic landscape and the Federal Reserve’s recent actions, weighing the potential for future gains against ongoing uncertainties. At the same time, gold continues to …

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European Stocks Slip as Tech Sector Weakens After Oracle Outlook; Fed Easing Signals Offer Limited Support

European shares traded lower on Thursday, as a selloff in technology stocks—triggered by a downbeat forecast from U.S. cloud firm Oracle—offset investor relief over the Federal Reserve’s policy signals, which were less hawkish than feared. The STOXX 600 slipped 0.3% to 576.78 by 08:09 GMT, with major regional indices in …

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Gold Slips as Traders Digest Dovish-Tilt Fed; Silver Retreats After Fresh Record High

Gold prices declined in Asian trading on Thursday as markets absorbed the Federal Reserve’s latest policy signals, while silver eased after briefly touching a new all-time high earlier in the session. Metal markets were mixed overall. Although the Fed cut interest rates as expected and announced a major liquidity-boosting plan, …

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BoC Expected to Hold Rates Steady in December After Strong Economic Data

The Bank of Canada is anticipated to keep interest rates unchanged at its December meeting, following a year of aggressive easing and a recent wave of stronger-than-expected economic indicators. After nine consecutive cuts, the benchmark rate now stands at 2.25%, down from 5.00%, marking the lowest point within the neutral …

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