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Market Economy
Markets
BoE raises interest rates to 4% as Iran war fuels inflation
2026-11-05 12:15 UTC
The Bank of England raised interest rates by 25 basis points to 4% on Thursday, November 5, its first increase since August 2023, as policymakers moved to contain inflationary pressures stemming from the war in Iran and elevated energy prices.
The widely expected decision ended a prolonged period ...
Markets
Gold rises to two-week high as dollar and Treasury yields retreat
2026-11-05 10:41 UTC
Gold prices extended their gains on Thursday, November 5, reaching their highest level in more than two weeks as a weaker US dollar, declining Treasury yields and falling oil prices improved the outlook for precious metals.
Silver also advanced, benefiting from lower borrowing costs and renewed ...
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