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On 4 July 2022

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On 5 July 2022

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On 30 June 2022

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On 29 June 2022

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To 26 May 2022

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Chinese banks cut a key interest rate for long-term loans by a record amount, a move to reduce mortgage costs and boost weak loan demand amid a property slump and Covid lockdowns. The five-year loan prime rate, a reference for home mortgages, was lowered to 4.45% from 4.6%, down by the most since a revamp of the rate in 2019, according to a statement by […]

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COMEX Gold futures approached one week high, tracking a corrective action in US dollar in last session and good bargain buying after the metal fell to a three month low. The yellow metal trades at $1846 per ounce right now, up 0.30% on the day with the gains capped somewhat today due to soaring equities. Global sentiment received a boost from a move by Chinese […]

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COMEX Gold futures approached one week high, tracking a corrective action in US dollar in last session and good bargain buying after the metal fell to a three month low. The yellow metal trades at $1846 per ounce right now, up 0.30% on the day with the gains capped somewhat today due to soaring equities. Global sentiment received a boost from a move by Chinese […]

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