Gold falls to the lowest level in 5 Weeks

Gold and silver prices fell in mid-US trading on Wednesday, after the release of US retail sales data that came in better than market expectations. The data pushed gold prices to their lowest level in five weeks. The optimistic US retail sales report worked to ease market expectations of a near-term Fed rate cut. The

Read More »

Market Overview: January 16, 2024

Germany’s economy shrank in 2023 The German economy shrank by 0.3% in 2023, the Federal Statistical Office of Germany said on Monday. The contraction in output declined to 0.1% when adjusted for calendar effects. “The overall economic development in Germany came to a standstill in 2023 in a still crisis-ridden environment,” said Ruth Brand, head

Read More »
No more posts to show