Tag Archives: gold

European stocks rise, but investors cautious ahead of Fed meeting

LONDON (Reuters) – European stocks rose slightly on Wednesday after mixed earnings reports, but the resurgence of COVID-19 cases kept investors cautious as they awaited news from the US Federal Reserve. FILE PHOTO: People pass the offices of the London Stock Exchange Group in the city of London, Great Britain, …

Read More »

Gold peaks, more precious as the dollar loses value

SYDNEY (Reuters) – Gold hit record highs on Tuesday before the sheer size of its earnings sparked a profit-taking explosion, which in turn helped the dollar from two-year lows and curbed initial capital gains. FILE PHOTO: Gold bars are stacked in the safe deposit room of the Pro Aurum Gold …

Read More »

Gold shoots up to $ 2,000 as Fed stimulus sinks the dollar

SYDNEY (Reuters) – Gold rocketed to record highs of $ 1,975 on Tuesday, while the US dollar fell to two-year lows as investors betting on the Federal Reserve would reaffirm its super easy political outlook this week, and a tolerance to higher inflation. FILE PHOTO: Gold bars are stacked in …

Read More »

Gold hits record, equities rise on hopes of stimulus

NEW YORK (Reuters) – Global equities benchmarks rose on Monday and gold rocketed to a record high on Monday as investors weighed in on expectations for another U.S. stimulus package with concern that mounting tensions between the United States and China will delay the recovery of the world economy. economy …

Read More »