Chicago Fed president Austan Goolsbee at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, on Aug 27. (Sept 21): Federal Reserve Bank of Chicago president Austan Goolsbee warned the central bank cannot ignore repeated and persistent supply shocks, and must »»»

London, July 27 (SANA) Global oil prices fell by more than 5 percent on Monday, while gold prices rose by more than 1 percent, after U.S. President Donald Trump ordered the U.S. military not to carry out any new strikes on Iran, raising hopes for a diplomatic path to ease regional tensions. Accordi»»»

Spot silver fell 1% to US$87.38 per ounce, after hitting a more than two-week high on Monday. (Unsplash pic) LONDON: Gold prices fell on Tuesday as investors booked profits after bullion rose more than 2% in the previous session, while pressure from a stronger dollar also weighed on the yellow meta»»»

LONDON, Jan 30 : Oil prices slipped on Friday on signs that the U.S. may engage in dialogue with Iran over its nuclear programme, reducing concern over potential supply disruptions from a U.S. attack. Brent crude futures were down 21 cents, or 0.3 per cent, at $70.50 a barrel by 1219 GMT. The March»»»

Copper prices rose for a third session as demand in top metals consumer China remained healthy and as investors hoped a speech by the U.S. central bank chief would signal interest rate cuts. Benchmark three-month copper on the London Metal Exchange HG1! was up 0.2% at $9,745 a metric ton, down from»»»

There has been a sudden and significant rise in both international and local gold prices once again. In the international bullion market, the price of gold per ounce surged by $42, reaching a high of $2903. Meanwhile, in local gold markets, the price of 24-carat gold per tola increased by a signifi»»»

GLOBAL-RESERVES-UBS:Global reserve managers upbeat on growth but worry about politics LONDON - An escalation in geopolitical conflicts is the biggest risk to the global economy, according to central bank reserve managers, who are generally positive about the world's economic outlook, according to a»»»