Inflation in the U.S. is elevated, although an expected decline in oil costs is anticipated to moderate price gains, Federal Reserve Bank of New York President John Williams said on Tuesday. Speaking in an interview with Fox Business, Williams described inflation as “still too high” even as crude p»»»

Bullion traded near US$4,295 an ounce following a 1.7% drop in the previous session. (Unsplash pic) NEW YORK: Gold rose, supported by the signing of an interim peace deal between the US and Iran, even as the Federal Reserve signalled a rate hike later in the year. Bullion traded near US$4,295 an ou»»»

The New York Stock Exchange ended the week’s final trading day with mixed results as tensions in the Middle East persisted. The Dow dropped by 0.13%, or 61.07 points, to close at 46,504.67. The Nasdaq composite rose by 0.18%, or 38.23 points, to 21,879.18, while the S&P 500 saw a slight increase of»»»

NEW YORK, April 2 : The dollar rose sharply from two straight sessions of losses on Thursday after U.S. President Donald Trump's speech on Iran undermined market expectations of a swift end to the conflict, renewing a bid for safe-haven assets. Trump vowed more aggressive strikes on Iran in the nex»»»

Representative image MUMBAI: Precious metal prices crashed on Thursday after oil rallied to a near three-year high, raising inflation concerns and the US Federal Reserve maintained a status quo on rates. As a result, the price of gold on New York Commodity Exchange (Comex) crashed nearly 6% and was»»»