Gold climbed above $4,223 an ounce on Friday, October 2, as disappointing US hiring figures eased fears of another interest-rate increase, giving the metal some relief after a difficult week.
Gold steadied on Friday, October 2, but remained headed for a second consecutive weekly decline, with the US employment report set to test investors’ appetite for the metal later in the day.
Gold recovered some ground on Wednesday, September 30, but remained on course to lose more than 5% for the month as expectations of higher US interest rates weighed on demand.
April 23, (THEWILL) — Africa’s central bank reserves climbed to $530 billion in 2025, up from $480 billion in 2024, driven largely by surging gold prices and increased accumulation of the precious metal.
The $50 billion rise underscores a...
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, on Monday, formally assumed a frontline role in President Bola Tinubu’s emerging 2027 re-election machinery, declaring himself coordinator of the President’s campaign in the FCT and Rivers State.