Gold floats near seven-week high as Hormuz deal hopes soothe Fed rate hike fears

On Wednesday, gold prices experienced a modest uptick as the dollar lost strength. Investors are keenly anticipating important US jobs data that may provide insights into the Federal Reserve’s policy direction. Heightened geopolitical tensions and rising oil prices have stirred discussions about possible interest rate hikes, with many traders forecasting a notable rate increase in…

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Awarapan 2 will release on August 14 as producers dismiss all postponement rumours. Emraan Hashmi and Vishesh Bhatt confirmed the film’s original release date during an Instagram Live session. The sequel’s production faced delays due to action sequences and an actor’s injury. Audiences can expect answers to unresolved questions from the first film. The movie…