Gold Prices under Pressure as Stocks Aim Higher after Easter

Gold futures traded slightly lower Monday morning after Easter, with a rise in yields and U.S. stocks perhaps undercutting bullish appetite for the haven metal after a report on Good Friday, when markets were mostly closed, showed a seasonally adjusted 916,000 jobs added in March, marking the best gain since August. Markets in Europe are closed […]
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Gold Eases as Stocks Gain on Robust U.S. Jobs Data

Gold prices edged lower in holidaythinned trading on Monday as robust U.S. jobs data fuelled hopes for a rapid economic recovery and bolstered global equities, denting bullions appeal. Spot gold was down 0.1 at 1,726.80 per ounce, as of 1132 GMT. U.S. gold futures were unchanged at 1,727.80 per ounce. Most markets in Europe were […]
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Japanese Shares End Higher on Strong U.S. Job Data

Japanese shares closed higher on Monday, as strong U.S. jobs data lifted optimism about a recovery in the worlds largest economy, prompting investors to buy index heavyweights SoftBank Group and Fast Retailing along with chiprelated stocks. The Nikkei share average ended 0.82 higher at 30,089.25, hitting the 30,000mark for the first time in more than […]
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Nikkei Hits 2Week High on Hopes of Earnings Recovery

TOKYO, April 2 Reuters Japanese shares closed higher on Friday, with the Nikkei hitting a twoweek high, due to hopes of earnings recovery and gains in semiconductorrelated shares as they look to raise their outputs to deal with a global shortage of chips. The Nikkei share average ended 1.58 higher at 29,854.00. The broader Topix […]
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Lebanon must Ration Subsidies Before Reserves Run Out

BEIRUT, April 2 Reuters Lebanon will run out of money to fund basic imports by the end of May and delays in launching a plan to reduce subsidies are costing 500 million a month, the caretaker finance minister, Ghazi Wazni, said. As Lebanons economy crumbles, the central bank has asked the caretaker cabinet to decide […]
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