Jan 15 (Reuters) – Gold slipped on Thursday ‌as investors booked profits after the yellow metal hit a record in the previous session, while an apparent softer tone from U.S. President Donald Trump on the Federal Reserve chair and Iran also dampened safe-haven demand.
Global Markets
EUR/USD Falls to 1.1640, Weekly Loss 0.7% as US Dollar Stays Strong
The EUR/USD currency pair ended the week near the 1.1640 level, posting a weekly loss of around 0.7%. The fall came as the US Dollar remained strong against major global currencies.
Nickel Oversupply, Zinc Shortage: What LME Shadow Stocks Reveal
Nickel’s turbo-charged rally was snuffed out on Wednesday by a super-sized delivery of the battery metal on the London Metal Exchange (LME).
Trump Proposes 10% Cap on US Credit Card Interest Rates for One Year from January 20
Trump credit card interest rate cap: Former US President Donald Trump has called for a temporary cap on credit card interest rates in the United States, saying American consumers are paying unfairly high charges.
Crude Oil Jumps Over 1% as Russia-Ukraine Peace Hopes Fade
NYMEX crude oil prices rebounded by more than 1% after the weekend meeting between former US President Donald Trump and Ukraine President Volodymyr Zelensky ended without clear solutions on key issues.