Gold prices slipped on Friday after a stronger-than-expected U.S. jobs report poured cold water on expectations for an aggressive rate cut from the Federal Reserve next month, boosting the dollar.
Gold prices fell on Thursday on a stronger dollar as investors toned down expectations of another big interest-rate cut from the U.S. Federal Reserve, while looking ahead to Friday's payrolls data for…
Gold inched lower on Wednesday, hitting a pause after rallying more than 1% in the previous session, as traders hunkered down for more U.S. economic cues and developments on the Middle East conflict.
Spot gold rose to a record $2,685.42 per ounce on Sept. 26, and has gained around 29% so far this year - heading for the biggest annual gain in 14 years - fuelled by the start of U.S. Federal Reserve…
Gold eased on Monday, taking a breather after a historic rally driven by U.S. monetary easing and heightened Middle East tensions, which put it on course for its best quarter since 2020.
In August 2024, the global production of pig iron fell by 6.7% compared to the previous month – to 112.57 million tons. Compared to August 2023, the indicator decreased by 5.8%. This is reported by the…
U.S. Steel (X.N) said on Wednesday the board of arbitration has ruled in favor of Nippon Steel's (5401.T), opens new tab $14.9 billion buyout of the company, but the United Steelworkers union disagreed…
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and rising tensions in the Middle East.
Gold prices rose over 1% on Thursday as the U.S. Federal Reserve launched its monetary easing cycle with a half percentage point move, boosting bullion to an all-time high and just a few cents shy of…
Analysts at Bank of America (BofA) are projecting copper price to rise above $10,000 per tonne by 2025, while predicting iron ore prices to fall below $80 per tonne the same year.
China steel and iron ore sectors are in an apparent state of disconnect, with steel output trending weaker but imports of the key raw material remaining firm.
