Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
9 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Gold prices ticked higher as investors digested softer-than-expected U.S. PCE inflation data, which reduced expectations for another Federal Reserve interest-rate increase this month. Traders are now pricing in a 39% chance of an October hike.
Gold prices rose on Thursday following a US inflation report that was softer than expected. This subdued expectations for a Federal Reserve rate hike in October, with market participants now awaiting upcoming jobs data for further indications on monetary policy. Spot gold increased by 0.5% to $4,175.19 per ounce.
August PCE inflation rose 0.3% month-on-month and 3.4% year-on-year, below expectations. Core PCE rose 0.2% monthly and 3.3% annually, also cooler than predicted. Second-quarter GDP was revised up to a 2.2% annualized rate, while September private sector jobs added by ADP surged to 90,000, exceeding forecasts.
Major U.S. stock indexes traded higher as a softer-than-expected PCE inflation report increased hopes the Federal Reserve might hold off on further rate hikes. Headline PCE rose 0.3% in August, below forecasts, while core PCE rose 0.2%.
Spot gold rose 0.1% to $4,405.09 per ounce by 0824 GMT, supported by a softer dollar. US gold futures fell 0.3% to $4,4… as investors awaited key U.S. inflation data for clues on the Fed’s interest-rate path.
Spot gold rose 0.3% to $4,412.84 per ounce as of 0234 GMT, supported by a softer dollar. Market participants awaited key U.S. inflation data that could shape the Federal Reserve’s interest-rate path.
The S&P/TSX Composite Index edges lower around 36,500 as rising global bond yields, Middle East uncertainty, softer gold and looming 50% US tariffs pressure Canadian shares.
() -- (Updates prices in the second and final paragraphs.) Gold edged lower midafternoon on Wednesday even as the dollar and treasury yields fell after the US reported an unexpected drop in wholesale price inflation last month. Gold for August delivery was last seen down 0.5% to $4,049.80 per ounce. The US Bureau of La
() -- Gold edged higher early on Tuesday despite a higher dollar and bond yields, with the metal remaining rangebound even as inflation worries ease with lower energy prices. Gold for August delivery was last seen up $13.80, or 0.3%, to $4,181.30 per ounce. The price of the precious metal has stayed above $4,000 per ou