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BusinessLIVE - Business - News Image
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26
BusinessJan 21, 2025 11:24 AM

Gold benefits from softer dollar

Bengaluru -- Gold prices rose for a second session on Tuesday as the dollar weakened, with markets evaluating the possible consequences of US President Donald Trump's policies in his second term after his inauguration. Spot gold gained 0.6% to $2,724.74/oz by 2.40am GMT. US gold futures was 0.2% lower at $2,742.50. The dollar was down about 1% after reports suggested any new taxes would be imposed in a "measured" way. A weaker dollar makes gold more attractive to foreign buyers. "There is a s ...Read More >

New Delhi Times - Politics - News Image
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8
PoliticsNov 26, 2024 01:54 PM

Trump's candidate picks include some firsts, but diversity down from Biden - New Delhi Times

Republican President-elect Donald Trump's picks for his Cabinet include some historic firsts, though women and people of color make up less of the overall number than they did when Democratic President Joe Biden first took office. Historic firsts Florida political operative Susie Wiles, who ran Trump's 2024 campaign, is set to be the first woman to hold the high-profile position of White House chief of staff. U.S. Senator Marco Rubio, Trump's pick for secretary of state, would be the first pe ...Read More >

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