Economy

Gold bounces to 1-yr high as banking sector concerns return to fore

Gold prices jumped 1% to their highest since March last year on Monday, erasing earlier losses, as worries about the global banking sector returned...

Safe-haven yen regains footing as caution builds over bank contagion

The safe-haven yen rebounded from early steep declines and the risk-sensitive Australian and New Zealand dollars flipped to losses as early optimism ebbed over...

Gold gains as banking worries persist

Gold gained on Thursday, bouncing towards last session's 1-1/2 month peak as concerns about the banking crisis continue after the European Central Bank hiked...

Sterling awaits UK Budget, dollar finds footing as SVB fears calm down

Sterling and euro steadied ahead of British government's budget announcement later on Wednesday and the European Central Bank's looming interest rate hike on Thursday. The...

Gold edges lower in tight range with focus on Fed’s rate moves

Gold prices edged down in range-bound trading on Wednesday due to a firmer dollar as investors assess the U.S. Federal Reserve's rate hike trajectory...

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