Gold edges up, near six-week high after Fed chair confirmation
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
New York
GOLD inched higher on Tuesday but was still below the previous day's six-week high, mirroring an advance in the US dollar following a confirmation hearing for US Federal Reserve chair nominee Jerome Powell.
The US Federal Reserve is likely to raise interest rates again next month, Mr Powell told the Senate Banking Committee.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
