The price of gold fell as traders assessed retail sales data ahead of a major meeting to resolve the U.S. debt ceiling crisis.
US retail sales excluding cars and gasoline rose more than expected in April, highlighting the strength of consumer spending.
The dollar rose higher with gold sent down as much as 0.8%.
The gold ounce fell 0.9% to $1998.69 as of 11:14 a.m. in New York.
The Bloomberg dollar index rose 0.2% after a 0.3% decline in the previous session.
Emcure Pharmaceuticals' recent initial public offering (IPO) has garnered significant attention, with the company raising $234 million. The IPO, backed by Bain Capital, was heavily oversubscribed, receiving bids...
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Webtoon Entertainment, the online comics platform backed by South Korean tech giant Naver, experienced a robust debut on Nasdaq, with shares rising as much as 14.3% above their...
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In a major development for India's automotive and financial markets, Hyundai Motor's India unit has filed for regulatory approval for a stock market listing in Mumbai. Expected to...
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In a strategic move to expand its footprint in the Australian aviation market, Qatar Airways is in advanced talks to acquire up to a 20% stake in Virgin...
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Thailand is making a strategic move to rejuvenate its stock market by expanding the criteria for Environmental, Social, and Governance (ESG) funds. This initiative, aimed at improving market...
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