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Gold prices stabilize amid expectations of a reduction in US interest rates
[01/07/2024 02:56]
LONDON – SABA
Gold prices stabilized in Asia in the early hours of Monday morning, supported by data showing a decline in inflation in the United States, which raised hopes that the US Federal Reserve will begin reducing interest rates this year.

Gold stabilized in spot transactions at $2,323.74 per ounce, and prices jumped more than 4 percent during the second quarter. US gold futures fell 0.3 percent to $2,333.


WB grants a $100 million to Madagascar
Natural gas prices in Europe decline to lowest level
U.S. federal debt exceeds $37 trillion
1.5 trillion dollars in revenue for light industry sector in China
Foreign currency reserves in Egypt increase up to $49.036 billion
GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
Korea's exports shrinks 2.2 percent
Italian GDP rises 0.3 percent
China's Foreign Exchange Reserves Rise to $3.2853 Trillion in May

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