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PRECIOUS-Gold ticks higher as subdued dollar, stocks boost appeal

Gold prices rose back towards the previous day's two-week high on Tuesday, extending gains for a fifth straight session, as a sell-off in the dollar and stock markets bolstered bullion's safe-haven appeal. Spot gold was up 0.3% at $1,858.39 per ounce as of 1207 GMT, after hi

FACTBOX-Wall Street sees gray skies ahead for equities as Fed tightens policy

With inflation in the United States running at levels not seen in four decades, market participants worry the Federal Reserve has fallen far behind the curve and will need to move aggressively to bring down the prices, which might end up tipping the economy over into a recession. These concerns have led to a rout in U.S. equities in recent months, and prompted banks to roll out bearish forecasts. Here are some estimates from major banks on the possibility of a rece


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