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...
Gold stays above $4,400 before US inflation releases
Business

Gold stays above $4,400 before US inflation releases

congodailynews.com
Gold prices edged higher on Thursday as a softer U.S. dollar supported bullion before fresh U.S. inflation data. Spot gold rose 0.3% to $4,414.28 an ounce by 0419 GMT. U.S. gold futures for December delivery...
Diesel prices rise as US and Europe fuel supplies tighten
Business

Diesel prices rise as US and Europe fuel supplies tighten

congodailynews.com
Diesel prices remained elevated on Wednesday as tighter refined-product supplies kept pressure on fuel markets in the United States and Europe. U.S. ultra-low sulfur diesel futures jumped 7.4% on Monday to settle at $4.19 a...
Business

Precious metals market sees major year-end correction

congodailynews.com
EuroWire, NEW YORK: Precious metals fell sharply on Monday as investors locked in profits after a series of record-breaking rallies, leading to steep losses across gold, silver, and platinum markets. The downturn came amid light trading volumes ahead of the...