Inflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according to new data from the Bureau of Labor Statistics. The consumer price index (CPI), which measures a basket of goods and services, has been elevated since the»»»

(July 3): Gold extended two days of gains after weak US jobs data reduced the chances of the Federal Reserve (Fed) raising interest rates this year to tackle inflation. Bullion rose as much as 1.8% to around US$4,195 an ounce after rising 2.3% in the previous session, the most in three weeks. US hi»»»

Add TNIE As A Trusted Source MUMBAI: Benchmark indices Sensex and Nifty drifted lower in early deals on Thursday, but later bounced back to trade higher supported by encouraging developments on the geopolitical front and easing crude oil prices. The 30-share BSE Sensex declined 11 ... »»»

Gold has been under pressure since the US and Israel launched a war against Iran in late February. In times of global crises, the price of gold shoots up as investors look at the yellow metal as a safe haven against inflation. But that has not been the case this time. Gold has been under pressure s»»»

The U.S. dollar was up 0.1% against Japan's currency at 160 yen, keeping it around a key level at which traders tend to get nervous about intervention from Tokyo, Reuters reported. The British pound ​fell very slightly to $1.341. Data showing the economy contracted in April appeared to have little »»»

Search/en Donald Trump points at the audience during a press conference at the White House. (Alex Wong/Getty Images)What to know: Markets reacted to a reported draft deal and recent U.S. airstrikes near the Strait of Hormuz by pushing stocks and bonds higher and oil lower, while bitcoin continued t»»»

Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz, and the release of key price data on May 28, 2026, underscores why policymakers are worried these pressures could »»»

May 28 : Gold prices fell to a two-month low on Thursday as fresh U.S. attacks on Iran boosted the dollar and pushed oil prices higher, stoking concerns about rising inflation and clouding the interest rate outlook. Spot gold was down 1.5 per cent at $4,388.76 per ounce, as of 0740 GMT, earlier fal»»»

BENGALURU: Gold prices fell to a two-month low on Thursday as fresh ‌US attacks on Iran boosted the dollar and pushed oil prices higher, stoking concerns about rising inflation and clouding the interest rate outlook. Spot gold was down 1.8 percent at $4,375.78 per ounce, as of 09:11 a.m. Saudi time»»»

Gold prices fell to a two-month low on Thursday as fresh US attacks on Iran boosted the dollar and pushed oil prices higher, stoking concerns about rising inflation and clouding the interest rate outlook. Spot gold was down 1.7% at $4,380.62 per ounce, as of 0409 GMT, earlier falling to its lowest »»»

Food prices rose 3.2% in April from a year earlier, with grocery prices recording their fastest increase since 2023. (EPA Images pic) WASHINGTON: Consumer inflation in the US hit a three-year high in April, government data showed Tuesday, with the economic fallout of the Iran war rippling through t»»»

Rising geopolitical tensions linked to the Iran conflict are expected to push United States consumer inflation higher in April, reinforcing expectations that the Federal Reserve will maintain elevated interest rates for an extended period. Higher oil prices, increasing fuel costs, and renewed press»»»

KUWAIT: Gold prices rose notably at the close of last week’s trading, nearing $4,830 per ounce and marking a fourth consecutive week of gains, supported by improved global market sentiment and a decline in the US dollar. A report issued Sunday by Kuwait’s Dar Al-Sabaik Company attributed the positi»»»

The Iran war continues to roil global markets, but gold isn’t shining so brightly right now even though many have long considered it a safe haven during a crisis. Gold prices fell about four per cent on Tuesday to roughly $5,124 an ounce as of publication, and some experts say this dip is because o»»»