Gold hits record high on US rate cut bets; silver follows suit

Gold prices moved past $4,100 to a record high on Tuesday on increased prospects of U.S. Federal Reserve rate cuts, while resurgent U.S.-China trade woes boosted safe-haven bets, including those for silver, which also scaled an all-time peak. Spot gold rose 0.2% to $4,117.72 per ounce at 0716 GMT, after hitting an all-time high of $4,179.48...

Gold hits nearly two-month high as Middle East tensions spur safe-haven demand

Gold prices climbed on Friday to their highest levels in nearly two months, and were on track for a weekly gain, after Israeli military strikes on Iran drove investors toward safe-haven assets. Spot gold was up 1.2% at $3,423.30 an ounce, as of 0544 GMT, after hitting its highest since April 22 earlier in the session....

MIDF expects ringgit to strengthen to RM4.23 against US dollar in 2025

KUALA LUMPUR: MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, expects the ringgit to appreciate with an average rate of RM4.23 versus the US dollar this year. In a note today, MIDF Research said that, however, the strengthening in the local note is expected to be at a more gradual pace on the back of...