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The G7 — which is gathering in Germany during a three-day summit — has announced a ban on Russian gold on June 28, following promises of as much tweeted by several of the group nation’s leaders.
Following Fed Chair Powell’s confirmation of a rate cut at the Jackson Hole conference, gold prices increased. Gold benefits from lower borrowing costs as it doesn’t pay interest. The rate at ...
Gold's recent gains have been fueled by expectations that the Federal Reserve will begin easing monetary policy next month. Last week, Fed Chair Jerome Powell indicated that "the time has come" ...
Oil prices extended gains Monday as Israel and Iran pounded each other with missiles for a fourth day and threatened further ...