September 9, 2024

China’s Consumer Prices Rise 0.6% in August

China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, official data showed Monday.

The consumer price index (CPI), a main gauge of inflation, was up 0.6% year on year last month, quickening from

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Gold Slips Below $2,500 Mark

Gold prices remained steady on Monday and was trading slightly below the key $2,500 an ounce level, as the market awaited August inflation data for further insights into the anticipated Federal Reserve interest rate cut this month.

Spot gold

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