Tag: financial markets

Gold Stabilizes at $4,400 Amid Anticipation of US Inflation Report

Gold prices are hovering near $4,400 an ounce as investors eagerly await new US inflation data that could shape expectations for the Federal Reserve's impending interest-rate decision. Spot gold saw a rise of about 0.4%, reaching roughly $4,418.87 an ounce, while gold futures inched up to around $4,461.82. The weakening of the US dollar has played a supportive role for the precious metal, as...

Cyprus Negotiations: Turkish Cypriot Leader Urges Halt to Economic Distrust Measures

During discussions on Wednesday, Turkish Cypriot leader Tufan Erhürman and Greek Cypriot leader Nikos Christodoulides were unable to reach a consensus on new confidence-building measures aimed at resolving the long-standing Cyprus dispute. The leaders met for an hour in the United Nations-controlled buffer zone, focusing primarily on how to advance the negotiation process and foster mutual trust. Erhürman highlighted that while both sides exchanged views...
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