interest rate
Brent oil futures expiring in August fell 0.4 percent to $84.88 a barrel
Decline is U.S. weekly jobless claims, new housing construction raised hopes for a rate cut in September
Brent crude futures for August delivery dipped slightly by 15 cents to $85.56 per barrel
Seven MPC members voted to hold the 5.25 percent rate, while two preferred a 0.25 percentage point cut to 5 percent
Gold prices have recovered from their 6 percent decline from their record high last month
Gold prices have lost around 6 percent from their record high on a stronger dollar and higher interest rates
Brent crude futures edged up 2 cents to $85.35 per barrel
U.S. producer prices surprisingly fell in May amid lower energy costs, indicating that inflation has subsided
Brent oil futures expiring in August fell 0.6 percent to $82.22 a barrel
Dollar index rose 0.17 percent, making greenback-priced gold less attractive to other currency holders
Brent oil futures expiring in August fell 0.5 percent to $82.24 a barrel
