Sales staff and customers inside a jewellery showroom in Kochi, India. Reuters
Trade anxiety and escalating tensions between the United States and Iran sent gold soaring to a six-year high on Tuesday, and saw traders dive back into safe-harbour government bonds and the yen and Swiss franc at the expense of the dollar.
Gold prices rose on Monday to their highest in more than two months as heightened Sino-US trade tensions and Washington's threat of tariffs on Mexico stoked worries of a global recession and drove
Gold prices rose on Thursday, drawing closer to their highest levels this year on increased expectations of a US rate cut, even as some investors locked in profits from bullion’s recent rally.
Finance Minister Nirmala SItharaman has said a calibrated and balanced approach to deploying a mix of fiscal, monetary and structural measures by countries can help achieve their growth potential and asked the IMF
British shoppers grew more cautious about their spending in the three months to September despite enjoying real growth in their wages, raising concerns about the health of the economy in the run-up to Brexit.
In yet another milestone in the 5G journey, Etisalat successfully completed the first end-to-end 5G Standalone (SA) call in the UAE and has become the first operator in the Mena region to achieve this milestone.