Markets

Gold prices rise after weak September jobs report dims Fed rate hike - qz.com

Source: qz.com

―

DW NOTE

The Fed hiked rates three weeks ago for the first time in three years — then September payrolls came in weak. Gold is trading at $4,162, down 22% from January's all-time high, with the Strait of Hormuz closed and oil supply set to fall 6% this year. If a hot jobs report couldn't hold gold up in this environment, nothing will.

Read the full story at qz.com →

The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu

Gold prices rise after weak September jobs report dims Fed rate hike - qz.com

Read more

Bitcoin drops below $80,000 as crypto ignores Asian tech rally, Fed meeting begins

Amundi Says ‘Worst Is Behind Us’ as Gold Flirts With $4,000 - Bloomberg.com

Gold retreats on stronger dollar; traders brace for Fed - Kitco

India Rejects Claims of U.S. Pressure Over Russian Oil Purchases