Day: June 14, 2023

Gold Rises as Dollar Weakens Ahead of Fed Decision

Gold prices edged higher on Wednesday, helped by a softer dollar as slowing US inflation cemented bets that the Federal Reserve would keep interest rates unchanged later in the day.Spot gold rose 0.3 percent to USDS 948.49 per ounce. US gold futures e…

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4.8-Magnitude Earthquake Hits Papua New Guinea

An earthquake measuring 4.8 magnitude on the Richter scale hit Papua New Guinea on Wednesday.The US Geological Survey (USGS) stated that the epicenter of the quake was 40 km west of the city of Etap at a depth of 35.5 km.So far, there have been no rep…

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