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Data reveals 4.8 percent decline in energy index and 0.1 percent decline in food prices
This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic
The tech giant plans to deploy 20,000 advanced GPUs at its Swedish data centers
This amount exceeds the nearly 9.2 trillion yen Japan spent on yen-buying, dollar-selling operations in late 2022
Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace
First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations
"LignoSat" is expected to be launched into space aboard a SpaceX rocket from the United States
Consumers' 12-month inflation expectations rose to 5.4 percent from 5.3 percent in April
Shipments of foreign-branded phones in China increased by 52 percent in April 2024 to 3.495 million units
Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates
Gold prices achieved a record high of $2,449.89 but have since lost over $100
Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices
Finland's wind power capacity has increased so rapidly in recent years, by 75 percent to 5,677 megawatts in 2022 alone
Agreements align with Aramco's ambition to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions
Roadmap builds on the 2022 Partnership for Advancing Clean Energy Agreement
Dollar index declined almost 0.6 percent this week, making gold more affordable for holders of other currencies
The main drivers of the CPI increase were the rising costs of shelter (up 0.4 percent) and gasoline (up 2.8 percent)
Gasoline product supplied last week was 8.9 million bpd, up slightly from the previous week
U.S. consumer prices increased less than expected in April, which supported bullion
Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors
Decline in inflation indicators could bode well for the precious metal
The company's latest model revolutionizes ChatGPT, offering unprecedented capabilities
Stagflationary risks in the U.S. continue to support gold prices
U.S. employment data supported gold prices, which rose over 2 percent by the end of last week
