Tag: Gold

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Gold futures breach USD4,000 amid global turmoil

Gold futures surged past USD4,000 per ounce for the first time, extending a historic rally as escalating global uncertainty drives investors toward traditional safe-haven assets.

US market, gold gain despite government shutdown, job losses

Major U.S. markets shrugged off a federal government shutdown and weaker labor data on Wednesday, with equities and gold both pushing higher.

Gold soars amid uncertainty, rate cut hopes

A fresh bout of uncertainty and mounting anticipation of a Federal Reserve interest rate cut added glitter to gold, pushing it to a record high on Tuesday.

Gold surges amid US economic uncertainty, likely Fed rate cut

US economic uncertainty, stoked by President Donald Trumps tariff push, has bolstered gold prices close to record highs.

Lepanto Mining profit soars on gold rally

Lepanto Consolidated Mining Co. reported a dramatic increase in net income, reaching ₱659 million for the five-month period ending May, a significant leap from just ₱16 million in the same period last year. 

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PNB expands ISO information security certification, includes Singapore branch

The Philippine National Bank has passed its surveillance audit for the ISO/IEC 27001:2022 information security standard and expanded the coverage of its certification, reinforcing its efforts to protect customer and business data.

P4M food hub upgrade boosts women’s livelihood in Muntinlupa

The Department of Agriculture (DA) and the Muntinlupa city government have invested P4 million to upgrade a local food hub that supports women-led enterprises and community food production.

Rising price pressures seen despite February inflation staying within target

Price pressures have been gradually building in recent months, even as February inflation remained within the central bank’s target and broadly in line with market expectations, according to economist Jonas Ravelas.

Japan grants $318K for waste, fisheries projects in Bohol and Palawan

Japan signed two grassroots development grants worth USD 318,098 (about P18.3 million) to improve waste management in Bohol and support indigenous fisheries livelihoods in Palawan.

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