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Gold Prices Dip as Investors Weigh US Data and Middle East Tensions
Gold prices retreated on Wednesday, giving back some of Tuesday’s gains. Investors processed US economic data while keeping a close eye on developments in the Middle East conflict. The December gold contract closed at $2,669.70 per troy ounce on the Comex, down 0.76%. Tuesday saw gold prices climb over 1%, nearing historic highs. However, Wednesday […]
Brazil Sees Historic Unemployment Low: 6.8% in July 2024
The Brazilian Institute of Geography and Statistics (IBGE) recently reported a notable decrease in unemployment. As of July 2024, the unemployment rate dropped to 6.8%. This rate represents about 7.4 million people and is the lowest since January 2015. Compared to the previous quarter, unemployment fell by 0.7 percentage points. It also dropped by 1.1 […]