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Gold prices ease off 2-month height on company buck, Powell’s comments

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Author of the article: Gold prices edged decrease on Tuesday, after hitting a bigger than two-month high in the earlier session, as a stronger buck and optimistic comments from U.S. Federal Reserve Chairman Jerome Powell on the economic system weighed on the metal’s protected-haven allure. FUNDAMENTALS Region gold used to be down 0.2% at $1,789.02 per ounce by 0131 GMT. The metal touched its best since Feb. 25 at $1,797.75 on Monday. U.S. gold futures fell 0.2% to $1,788.80 per ounce. The buck index used to be up 0.1% in opposition to its rivals, making gold dearer for different forex holders. The U.S. economic system is doing better, but is “now now not out of the woods yet,” Powell acknowledged on Monday in remarks that flagged an upcoming central financial institution ...
OFW remittances ease at 3-month low

OFW remittances ease at 3-month low

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MONEY despatched residence by foreign Filipino workers (OFWs) plunged to the bottom degree in three months closing February, however supported the 300 and sixty five days-to-date tally. Bangko Sentral ng Pilipinas (BSP) data released on Thursday showed that deepest remittances — deepest transfers in money or variety and capital transfers between households — amounted to $2.76 billion in the 2d month of 2021, a 4.62-p.c decline from $2.89 billion in January, however a 5.3-p.c growth from $2.62 billion a 300 and sixty five days earlier. The figure was the bottom since November’s $2.64 billion. In an announcement, the central financial institution traced the 300 and sixty five days-on-300 and sixty five days uptick to the 7.8-p.c acceleration in remittances from land-essentially bas...
Ramadan 2021: holy month to commence up in UAE on Tuesday

Ramadan 2021: holy month to commence up in UAE on Tuesday

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Announcement made after the UAE moon-sighting committee spotted recent crescent moon Ramadan will commence up in the UAE on Tuesday, authorities announced. The declaration got here after the UAE's moon-sighting committee spotted the recent crescent moon after sundown prayers on Monday. The UAE's leaders wished all voters, residents and Muslims actual by the globe peace and prosperity. President Sheikh Khalifa wished leaders and ...
Ramadan 2021 in Iraq: all it be crucial to know about the holy month all the plan via Covid-19

Ramadan 2021 in Iraq: all it be crucial to know about the holy month all the plan via Covid-19

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Infections are on the upward thrust as Muslims in Iraq are making ready to ticket Ramadan Iraqis are making ready to take a look at Ramadan all the plan via a brand novel wave of the coronavirus pandemic and an financial disaster. The country reported 8,331 circumstances on Wednesday, the absolute best selection of day-to-day infections since the outbreak began. With healthcare infrastructure in Iraq devastated by years of confl...