Fed decisions to set short-term direction for gold prices

March 2, 2024

Hopes of US Fed’s rate cuts may significantly impact the performance of bullion. Since there is no direct relationship between US interest rates and the price of gold, changes in rates largely affect the value of the US dollar which is inversely correlated to gold.

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Gold prices may face near-term retracement due to stronger dollar, yields

Stronger bond yields, a rising US dollar, and risk-on sentiment in equities may lead to a short-term retracement in gold prices, according to the World

November 12, 2024

Vodafone UK reports 28% rise in H1 FY25 operating profit, driven by Indus Towers stake sale

Vodafone Group’s operating profit for H1 FY25 rose 28%, largely due to a €0.7 billion gain from selling an 18% stake in Indus Towers. The

November 12, 2024

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