Global central banks are reducing US Treasury holdings and increasing gold reserves. India’s gold reserves surpassed $100 billion. Gold prices experienced a significant drop, which is expected to boost demand from investors and central banks. This shift indicates a diversification strategy amid political uncertainty. The trend shows a move away from dollar assets towards gold.
US stocks today: US stocks rise as energy costs weigh on Fed rate decision; Dow ends 55 points higher
US stock markets saw gains as Wall Street closed higher. Travel stocks like Delta Air Lines and American Airlines Group rebounded. The Federal Reserve commenced