Gold and silver prices rose on MCX Tuesday as investors turned cautious ahead of key U.S. inflation data. Weakening hopes of a U.S.-Iran peace deal lifted crude oil prices, fuelling concerns that persistent inflation could keep global interest rates higher for longer.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend