Tag: Gold

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Gold retreats in run up to Fed decision

Gold fell more than 1% on Tuesday as Treasury yields jumped while some traders booked profits after a strong run driven by risk aversion...

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...

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...

Central banks continue gold buying spree

After charting the highest level of net gold purchases on record in 2022, central banks started out 2023 right where they left off. Central banks globally added another...

Asian markets led lower by China, but relief over Ueda ruling out BOJ tightening

Asian share markets were dragged lower by the slide in Chinese stocks on Friday, though investors took heart from the incoming head of Japan's...

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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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