Gold Tumbles as Haven Demand Wanes Amid Easing War RisksBullion plummets after the best run of weekly gains since 2023 Traders look ahead to US price data for monetary-policy clues Gold remains more than 15% higher so far this year, with gains supported by central-bank buying and demand from Asia, especially China. Gold took a tumble as haven demand waned after geopolitical tensions eased [...] READ MORE Feature: Turkish investors flock to gold amid Middle East turmoilsThis photo taken on April 17, 2024 shows gold ornaments on display in a jewelry store in Istanbul, Türkiye. (Photo by Safar Rajabov/Xinhua) ISTANBUL, April 24 (Xinhua) -- Faruk Mutlu, a Turkish citizen, stepped into a bustling jewelry store in Türkiye's vibrant city of Istanbul. Armed with his savings, he resolved to convert them into [...] READ MORE JPMorgan warns stock market sell-off has ‘further to go’Stocks rebounded from their recent slump on Monday, but some bearish Wall Street strategists still see concerns that aren't going away anytime soon for investors. With expectations that the Federal Reserve will cut interest rates fading, signs of inflation remaining sticky, and stocks still trading at higher-than-average valuations, many believe the market is in [...] READ MORE US Business Activity Expands at Slowest Pace in Four MonthsS&P Global’s flash April gauge decreases to 50.9 from 52.1 Composite employment shrinks for first time since 2020 US business activity expanded in April at the slowest pace this year on a pullback in demand that led to the first decline in employment since 2020. The S&P Global flash April composite index of output [...] READ MORE Goldman hasn’t given up on the stock-market rally, but is starting to get nervousThings could be just fine for stocks. Or maybe not, says Goldman Sachs. Critical information for the U.S. trading day Even as the U.S. stock market has been rolling south lately, it appears hope springs eternal for investors when it comes to earnings. Nearly two-thirds of 409 respondents to a Bloomberg survey are counting [...] READ MORE US business activity cools in April; inflation measures mixedMatt Arnold, CEO of Look Trailers, tours the company's utility trailer manufacturing facility in Middlebury (Reuters) - U.S. business activity cooled in April to a four-month low due to weaker demand, while rates of inflation eased slightly even as input prices rose sharply, suggesting some possible relief ahead as the Federal Reserve looks for signs [...] READ MORE U.S. economy takes a step backward in April, S&P surveys show, as demand weakensCustomers in their vehicles wait for their orders at a Sonic restaurant drive-in in Miami. The U.S. economy lost momentum in April, a pair of S&P surveys showed. New orders decline and businesses reduce employment for first time since the pandemic The numbers: The U.S. economy lost momentum in April, a pair of S&P [...] READ MORE Danish heirs to sell US$72 million rare coin collection after 100 yearsA Danish gold Sovereign of King Christian IV dated 1608. Source: Stack's Bowers The descendants of the Danish butter magnate Lars Emil Bruun waited exactly 100 years to claim their now US$72 million inheritance. Not by choice. At least one grandchild reportedly tried and failed to break Bruun’s will, which specified that his 20,000-piece [...] READ MORE Dollar touches new 34-year peak vs yen on US rate outlookEuro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration. Summary Markets on lookout for Japan intervention on dollar/yen Investors looking to BOJ meeting on Friday Easing Mideast tensions temper dollar's gains Focus on U.S. GDP, inflation numbers NEW YORK, April 22 (Reuters) - The [...] READ MORE 1 2 3 … 65 Next »