Federal Reserve
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Business
Gold Prices Stable as Indian Market Watches Global Trends
Gold prices stayed stable on Tuesday, with spot gold at $2,735.96 per ounce, slightly lower than last week’s peak of $2,790.15. In India, 24-carat gold stands at ₹8,024 per gram, while 22-carat is ₹7,355 per gram. The Multi Commodity Exchange reported a small drop in December futures for gold, with a 0.13% decrease at ₹78.20 per 10 grams. Factors like…
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USA
US News: Jobless Claims Edge Up, but Labor Market Resilience Eases Concerns
The latest report from the Labor Department reveals a slight uptick in weekly jobless claims, reaching 218,000 for the week ending Dec. 23, a rise of 12,000 from the previous week. However, the four-week average, a more stable measure, decreased by 250 to 212,000. Although 1.88 million Americans were collecting jobless benefits, an increase of 14,000 from the prior week,…
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