As widely anticipated, the European Central Bank (ECB) reduced its policy rates by 25 bps, taking the Deposit Facility Rate to 2.75% at its event on Thursday. EUR/USD maintained its bearish trend ...
H2-2024 record dividend of $140m or $0.57/sh announced, brings FY-2024 dividends to $240m or $0.98/sh; supplemented with $37m of share buybacks for total returns of $277m, equivalent to $251/oz ...
The Turkish benchmark stock index opened Tuesday at 10,031.57 points, up 0.34% or 33.72 points from the previous close. On Monday, Borsa Istanbul's BIST 100 index dove 1.06% to close the day at ...
In the UK, the all-time high for gold in GBP can be attributed to several key factors: Sterling weakness: The pound has faced headwinds due to persistent inflation, concerns over the UK's economic ...
When sterling weakens against the US dollar, the relative purchasing power of GBP diminishes. Since gold is priced internationally in US dollars, a depreciating pound increases the cost of gold in ...