Last Updated: Saturday, July 25, 2015, 09:16
The rate forecast was included with a series of bearish projections on U.S. economic growth and inflation that were presented to policymakers at their June 16-17 meeting.
Last Updated: Thursday, July 23, 2015, 09:36
Holdings in the world`s biggest gold-backed exchange-traded fund, SPDR Gold Shares, shrank for a fifth day on Wednesday to the lowest level since 2008.
Last Updated: Wednesday, July 22, 2015, 15:33
Within 60 days, the bank should submit plans for compliance programs for anti-money laundering controls, customer due diligence programs, and methods for spotting suspicious transactions, the Fed said.
Last Updated: Wednesday, July 22, 2015, 12:47
Though it is a perturbing sign for many investors who have parked their fund in bullion market, things might not be so gloomy for household Indian buyers.
Last Updated: Tuesday, July 21, 2015, 14:13
Here's looking at five reasons behind the decline in gold prices.
Last Updated: Tuesday, July 21, 2015, 08:58
The dollar index was little changed at 97.995 and near a three-month high of 98.147 scaled overnight.
Last Updated: Monday, July 20, 2015, 09:23
"It looks like someone was taking advantage of the low liquidity environment at the moment. It`s a bit of speculative selling going on," said Victor Thianpiriya, analyst at ANZ Bank in Singapore.
Last Updated: Wednesday, July 15, 2015, 18:18
Federal Reserve Chair Janet Yellen said on Wednesday the US central bank remains on track to raise interest rates this year, with labor markets expected to steadily improve and turmoil abroad unlikely to throw the US economy off track.
Last Updated: Monday, July 13, 2015, 08:24
Gold edged lower on Monday, dragged down by the euro after a weekend emergency summit to tackle Greece`s debt crisis yielded no deal and with the U.S. Federal Reserve still on track to raise interest rates this year.
Last Updated: Sunday, July 12, 2015, 14:09
A hike in interest rates by the US, it is feared, could result in the flight of capital from the emerging markets including India.
Last Updated: Saturday, July 11, 2015, 11:04
One of the Federal Reserve`s most dovish officials said on Friday that September may turn out to be the right time to raise interest rates if the U.S. economy continues to improve, and he set a relatively high hurdle for delaying the move until next year.
Last Updated: Friday, July 10, 2015, 23:50
Yellen, however, remained cautious, saying she still saw slack in the jobs market, which has been a key factor in how the Fed approaches its first rate hike since 2006.
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