<p>Singapore: Gold prices rose slightly at the start of Asian trading on Friday, as investors await signals regarding the direction of US interest rates.</p> <p>Spot gold rose 0.4 percent to USD 4,103.55 per ounce, putting it on track for a weekly gain of approximately 5.9 percent so far.</p> <p>Meanwhile, US gold futures for December delivery held firm at USD 4,112.80 per ounce.</p> <p>Among…
Goldman Sachs Group Inc. traders said the violent selloff in US equities has pushed market panic to an extreme level that historically signals a strong rebound over the medium term.
Thousands of homes and businesses north of Los Angeles face the risk of potential power cuts over the next two days as weak to moderate Santa Ana winds bring dangerous fire weather conditions.
