Tag: Gold prices

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Gold shines as bets for US rate hike pause gather pace

Gold jumped on Wednesday as signs of cooling inflation bolstered bets that a pause in U.S. rate increases was imminent, although traders positioned for...

Gold gains as dollar pauses ahead of US inflation data

Gold climbed back up above the key $2,000 level on Tuesday as the dollar came off last session's peak, while traders hunkered down for...

Gold eases on strong US data, but holds near $2,000 pivot

Gold prices fell on Monday after strong U.S. jobs numbers rekindled bets for another interest rate hike and buoyed the dollar, but persistent economic...

Gold rally cools as dollar recovers in run-up to US jobs data

Gold prices eased slightly on Thursday as the dollar edged up and markets hunkered down for cues from the U.S. jobs report. Spot gold was...

Gold extends rally as US data bolsters Fed slowdown bets

Gold prices hit their highest since March 2022 on Wednesday, extending a rally after weaker U.S. economic readings bolstered bets U.S. interest rates will...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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