Sep 14 2024, 02:10 Gold prices powered higher on Friday, beating record levels, as a boost in bullish momentum fuelled by optimism that the U.S. Federal Reserve is on the brink of trimming interest rates was catalysed by fund inflows and a drop in the dollar. Spot gold was trading at record levels, up 0.9%…
Sep 14 2024, 02:15 West Texas Intermediate (WTI) crude oil closed lower on Friday, even with supply tight as Hurricane Francine shut in 42% of U.S. Gulf of Mexico production. WTI crude for October delivery closed down US$0.32 to settle at US$68.65 per barrel, while November Brent crude, the global benchmark, was last seen down…
Sep 14 2024, 03:08 Stocks traded higher on Friday as Wall Street headed for a strong weekly gain ahead of the upcoming Federal Reserve meeting. The S&P 500 climbed 0.6%, putting the broad-market index on track for its fifth straight winning session as it trades less than 1% from its July all-time high. The Dow…
