Gold rises on geopolitical tensions but investment demand remains weak

Gold rises on geopolitical tensions but investment demand remains weak

Gold, reeling under hotter than expected December US CPI inflation data released on Thursday, caught a bid Friday as the US and the UK launched airstrikes on Iran-backed Houthis‘ targets in Yemen to stop shipping attacks in the Red Sea. In a reaction, the Yemeni Group vowed to retaliate with an urgent response in the … Read more

British PM Rishi Sunak meets U.S. President Joe Biden for the first time at Indonesian summit

British PM Rishi Sunak meets U.S. President Joe Biden for the first time at Indonesian summit

U.S. President Joe Biden listens to British Prime Minister Rishi Sunak during a meeting on the sidelines of the G20 summit meeting, on November 16 in Nusa Dua, Bali, Indonesia. | Photo Credit: AP U.S. President Joe Biden and British Prime Minister Rishi Sunak had a bilateral meeting in Bali on the fringes of the … Read more