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Market move▼ Bearish for Indian equities
Gold holds near seven-week low, US economic data on tap
The brief
- Gold is holding near a seven-week low ahead of US economic data
- Rising Federal Reserve interest-rate concerns continue to weigh on prices
- Gold-price moves affect Indian gold investors and jewellery companies
- Trump cancels nearly $1bn in US spending using rare ‘pocket rescission’ power: What is it?
- Soaring bond yields ‘not even close’ to cooling red-hot US economy, investors say
- AI-driven US growth holds up despite higher rates, unsettling Treasury investors
- Why the economy can handle surging bond yields—for now
- US long-term borrowing costs touch highest level since 2004