Ghana news briefing
Gold on track for biggest weekly loss in six as Iran war fans inflation worries
Geopolitical risks in the Middle East are still present, with inflation and yield concerns being the dominant forces holding gold back.
Oil prices have jumped about 12% so far this week due to limited oil flows out of the Strait of Hormuz, with Tehran asking the Houthi movement to stand ready to shut the Red Sea export route.
Non-yielding gold typically struggles in a high-interest-rate environment as investors gravitate toward assets that offer better returns.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
Original sources
1 reportsMore stories
View all news
Trump threatens new Canada tariffs over fires sending ‘filthy’ air into US cities
Kim Jong Un was meant to be their only idol – then North Koreans discovered K-pop
We are unable to produce missing bank statement pages, other evidence ordered by Court of Appeal in Adu-Boahene case - Attorney General tells court
GHS engages stakeholders on post-flooding cholera prevention measures
This Saturday on Newsfile: EOCO vs Miracles Aboagye; tribunals revived; Achimota and galamsey; BoG saga; and NPP polls
White House defends Argentina team over Falklands banner
Watch related
All videos
Don’t stop here