Gold Advances With Weakening US Economy Aiding Haven Demand [Yahoo! Finance]
OVERSEAS CHINSE UNSP/ADR (OVCHY)
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Source: Yahoo! Finance
Bullion traded near $4,045 an ounce after finishing last week little changed. The precious metal built on gains made on Friday as a measure of US consumer sentiment fell to near the lowest on record, with the shutdown and rising prices souring the outlook. Most Read from Bloomberg 'Mr. Joburg' Reclaims Downtown From Decay, Building by Building Can a Waterfront Park Wake Up Downtown Seattle? A Housing Complex Designed to Tackle Loneliness Wins Britain's Best Building Stefanik Challenges Hochul for NY Governor After Mamdani Victory ICE Contract Would Help the Police Track Down Immigrant Children The record-breaking impasse in Washington, meanwhile, appears to be nearing an end after a group of moderate Senate Democrats agreed to support a deal to reopen the government, people familiar with the talks said. The suspension of data has meant the Federal Reserve has had to fly blind as it tries to balance high inflation and weak labor market. “When the shutdown risk fades, i
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News
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- Yen slumps, dollar jumps as rate cut bets recede [CNBC]CNBC
- Oversea-Chinese Banking (OTCMKTS:OVCHY) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat