Gold prices are on the rise, up by 0.4% after a dip earlier this week. Investors are closely monitoring the upcoming interest rate decisions from the US Federal Reserve, with an 18% probability of a hike this month and 80% in December. Heightened geopolitical tensions in Saudi Arabia and persistent global economic challenges are also in the spotlight.
PCBL Chemical rises 25% on supply, export and earnings hopes
PCBL Chemical has seen a 25% stock increase due to anticipated higher carbon-black prices. The company expects improved export prospects and a recovery in earnings.