
Gold Prices Rise as Dollar Eases from 18‑Month Peak
Spot gold climbs to $4,132.66 an ounce after the dollar pulls back, while traders weigh the possibility of another Fed rate hike this year.
7 stories tagged “gold”.

Spot gold climbs to $4,132.66 an ounce after the dollar pulls back, while traders weigh the possibility of another Fed rate hike this year.

Spot gold fell 0.3% to $4,150.23 per ounce as traders look for clues on future rate hikes from the Federal Reserve’s September meeting.

The country’s surplus fell from US$4.3 billion in Q1 to US$1.3 billion in Q2, a 70% drop driven by a 47.5% jump in imports and a modest 1.6% decline in exports.

S&P Global cautions that the country’s strategy to amass foreign reserves and gold could cost up to 2.6% of GDP in local‑currency terms, threatening recent public‑finance improvements.

Spot gold nudges up as the dollar weakens, while traders await key U.S. producer price index and consumer inflation releases that could influence the Fed’s rate path.

Spot gold trades flat at $4,477.10 per ounce ahead of the U.S. nonfarm payrolls report, with traders eyeing a possible Fed rate decision.

The Dutch central bank moved a massive gold reserve from North America to the Bank of England to enhance crisis readiness, citing rising geopolitical unrest.

Minister Sam Nortey George announced a plan to complete 2,016 mini‑masts and extend service to 5,000 more communities, while urging tighter coordination to prevent fibre cuts.

A 30‑person squad led by DSP Orlando Joseph Adzokpa cleared structures believed to harbour criminals ahead of Christmas celebrations.

Jeremiah Koung is welcomed by Ghana’s Minister for Lands and Natural Resources ahead of a three‑day conference aimed at uniting African leaders on mineral policy.

GHATOF warns that roughly 4,000 jobs, mainly held by women, are at risk and calls for displaced traders to receive the first right of refusal in future redevelopment plans.

Kwaku Charles and Nana Dibi, both in their early thirties, were crushed when a gold‑mining pit gave way in the Bodi District, sparking a frantic rescue effort.

The African Women Lawyers Association’s Marian Darlington blasted the inaction of teachers, officials and community leaders who had been aware of alleged sexual abuse at Obuasi Senior High Technical School before the headmaster was suspended.
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