Iraq Bulletin

Tag : US economy

Business

Gold continues upward climb, scaling one-year high racing past $2,000 an ounce

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Gold prices have surged past $2,000 an ounce, scaling one-year highs, as the US dollar and yields weakened. This follows weaker-than-expected US economic data, which reinforces bets for a slowdown in the pace of interest rate hikes despite growing concerns over inflationary pressure caused by rising oil prices. The price......