Tag: copper
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Gold prices slip from record highs on profit taking; Powell’s hawkish tone weighs
Gold prices slipped from record highs in Asian trading on Thursday as investors locked in profits at peak levels, while sentiment was also dented by hawkish comments from U.S. Federal Reserve Chair Jerome Powell. As of 03:40 ET (07:40 GMT), Spot Gold fell 0.7% to $3,320.56 per ounce, while Gold Futures expiring in June lost 0.4% to $3,334.61 an…
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Tanzania: East Africa’s New Powerhouse
Tanzania’s socioeconomic transformation drives economic dominance by attracting substantial investments and dominating intraregional trade. Tanzania is undergoing eye-catching socioeconomic transformation. The East African nation has opted to go on quietly pursuing economic supremacy. Outsiders, however, are taking note. Kenyan President William Ruto is among them. In late November, he acknowledged Tanzania’s trade performance, which is…