Tag : employment data

Business

Gold clears $4,400 while US inflation data takes focus

omandailynews.com
NEW YORK / RankWire.AI / – Gold advanced for a third consecutive session on Tuesday as bullion extended its rebound from last week. Spot gold gained 1% to $4,432.74 an ounce by 0217 GMT, reaching its highest level since June 5. U.S. gold futures climbed 1.7% to $4,492.60. The move......
Business

Fed Chair Powell signals smaller rate cuts to keep economy in solid shape

omandailynews.com
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will act based on economic conditions, inflation trends, and the job market....