Business

South Korean inflation reaches 2.9 percent annual growth

congodailynews.com
Persistent gains in fresh agricultural produce and energy commodities pushed South Korea’s September inflation rate to an annual 2.9 percent growth rate. Macroeconomic filings published by Statistics Korea confirm that severe weather patterns during the...
Business

Gold prices decline on Federal Reserve rate decision in trading

congodailynews.com
Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session...
Business

Gold prices fall on strong dollar ahead of central bank meeting

congodailynews.com
Precious metal values declined during Tuesday trading sessions as a stronger United States dollar increased purchasing costs for international buyers while financial institutions awaited the outcome of a critical central bank meeting. Official market reports...