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Gold Breaks $2600 Following US Fed Rate Cut

Gold prices surpassed the $2600 mark for the first time ever today, continuing their upward trajectory since the Federal Reserve’s decision to cut interest rates.

Spot gold rose 1.3 percent to $2620.63 per ounce, while U.S. gold futures gained 1.2 pe…

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US Stock Markets Close Mixed

Major stock indices on Wall Street closed with mixed results at the end of Friday’s trading session.

The S and P 500 index ended down 10.27 points, or 0.18 percent, closing at 5,703.37 points.

The Nasdaq Composite fell 65.66 points, a decline of 0.3…

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UK’s public debt rises to 100 pct

– The UK’s public debt rose to 2.9 trillion sterling (USD 3.86 trillion) by the end of August, making up 100 percent of the country’s annual economic output, according to official statistics released Friday.

The public debt, including that of the Ba…

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Japan’s central bank maintains interest rate

Japan’s central bank on Friday kept its policy rate unchanged, while downgrading its assessment of the country’s economy.

At the end of a two-day policy meeting, Bank of Japan’s (BOJ) Governor Kazuo Ueda and his eight board colleagues agreed to keep…

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