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Finance & Markets

Gold edges lower below $4,100 as markets focus on US-Iran talks

Gold price (XAU/USD) declines to near $4,070 during the early Asian session on Wednesday. The precious metal fluctuates as traders weigh the Federal Reserve’s (Fed) interest-rate path amid uncertainty in the Middle East.

fxstreet.com ·

Gold edges lower below $4,100 as markets focus on US-Iran talks

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at fxstreet.com →

More in Finance & Markets

Wall St opens higher as investors weigh weaker oil, PPI data

[NEW YORK] Wall Street’s main indexes opened higher on Thursday (Aug 13) as crude oil prices fell, improving risk appetite, while investors...

  • Wall Street's major indexes opened higher on August 13
  • Dow Jones Industrial Average rose 0.11%, starting at 53,828.55
  • S&P 500 increased 0.19%, beginning at 7,763.18

·businesstimes.com.sg

Inflation Warning Could Matter More for Your Mortgage Than Your Grocery Bill

The latest CPI wards off fears of an imminent rate hike from the Fed but “inflation contagion fears” still loom, experts say.

  • Inflation data shows 0.1% July increase, easing rate hike concerns
  • Mortgage rates rise above pre-war levels, worsening affordability crisis
  • Food price increase modest, but mortgage rate hikes impact housing costs more

·newsweek.com