For the week, it lost 3.4%, its highest for a week since late September.
Gold floated lower at the primary exchanging meeting for the week. Gold merchants appear to pull their long situations, from the place of refuge resource over...
Gold futures prices settled at $1.866.30/ounce, showing a loss of 0.56% at the last trading session of the week.
The US dollar is stronger this morning on the back of a marked drop in risk appetite in European and US markets.
Gold futures edged up 0.46% to trade at $1975.30
The price decline in the safe-haven asset was triggered by an impressive U.S. jobs report.
Gold futures at the time this report was drafted gained 0.27% to $1,943.
Prices of gold futures dropped below $1,980, a crucial support level thanks to the dollar’s recent strength.
The yellow metal tends to usually rise in value on expectations of lower U.S interest rates.
The U.S Fed Reserve strategy now permits inflation to rise above its 2% target.
Peninsula Visa, announced it would be accepting the world’s flagship crypto, Bitcoin as a form of payment for selected passport...
Nigeria’s inflation rate rose by 14.23% in October 2020 as against 13.71% recorded in September 2020
At the black market, the Naira depreciated against the dollar to close at N475/$1 on Monday.
To truly diversify from oil and create proper value, agriculture must give birth to an industry.
Nestlé Nigeria Plc has notified the NSE that Nestle S.A. has acquired 214,924 additional units of its ordinary shares, worth...