Gold steady as tepid U.S. dollar counters rate-hike woes - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

Post Top Ad

Monday, 17 October 2022

Gold steady as tepid U.S. dollar counters rate-hike woes

​​​Gold is highly sensitive to rising U.S. rates, which increase the opportunity cost of holding the non-yielding asset. The German government is aiming to cushion an expected recession with its investment programmes, but without fuelling inflation, Economy Minister Robert Habeck said on Monday.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

No comments:

Post a Comment

Post Bottom Ad