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Gold, Silver Rate Today Live Updates: International gold prices move up as dollar softens

US consumer confidence weakened in May as concerns grew over inflationary pressures linked to the Iran conflict. Households also remained largely pessimistic about labor market conditions, although many expected improvement later in the year. Investors are now awaiting comments from Federal Reserve officials, including Philip Jefferson and Lisa Cook, for further clues on how inflation…

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PMI watch: India’s services growth eases in February as demand softens, costs rise

India’s services sector growth eased marginally in February as new business expansion slowed to a 13-month low, reflecting softer demand conditions and a rise in inflation, according to a monthly survey released on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index edged down to 58.1 in February from 58.5 in January. In…

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