The State of Qatar chaired the 5th meeting of the Directors of Public Security of the Gulf Cooperation Council (GCC) States, held Wednesday, at the headquarters of the GCC General Secretariat in the Saudi capital, Riyadh.
The meeting, chaired
The People’s Bank of China (PBOC) on Wednesday injected 300 billion yuan (about $42.73 billion) into the market via the medium-term lending facility (MLF) mechanism, aiming to maintain reasonable and ample liquidity in the banking system.
The matur…
The dollar index fell more than 0.5% Wednesday after China’s aggressive stimulus moves on Tuesday buoyed risk appetite, with growing bets of another outsized US rate cut in November adding to headwinds for the greenback.
Against a basket of
Gold scaled another high on Wednesday, boosted by a softer US dollar and hopes of more interest rate cuts.
Spot gold rose 0.2% to $2,661.53 per ounce. Bullion hit an all-time high of $2,670.43 earlier.
US gold futures gained