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POPULAR NEWS
Gold Jumps on Reports of Sino-U.S. Trade-Talk Progress, Set For Slight Weekly Gain

Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...

Gold Holds February Range Awaiting Fresh Catalysts

Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...

Gold Futures Climb For The Session to Post a Gain For The Week

Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch

Wall Street Rallies on Trade Hopes

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. The Dow Jones Industrial Average rose 444.04 points, or 1.75 percent, to 25,883.43, the S&P 500 gained 29.86 points, or 1.09 percent, to 2,775.59 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. Source : Reuters

Dow jumps 200 points at open, set to end week with a flourish as U.S.-China talks show progress

U.S. stock indexes on Friday rose firmly higher as investors focused on continued progress in trade negotiations between China and the U.S. in the final day of its weeklong round of discussions. The Dow Jones Industrial Average rose 213 points, or 0.8%, at 25,648, the S&P 500 index advanced by 0.6% at 2,762, while those for the Nasdaq Composite Index climbed 0.6% to 7,470. For the week, the Dow was on pace for a 1.3% rise, the S&P a 1.4% advance, while the Nasdaq was set to gain...

Gold back at 4-month high, gaining for 5th day
Thursday, 18 January 2018 04:15 WIB | PRECIOUS METALS |GOLDEMASEmas berjangka

Gold futures notched a fifth session gain and another four-month high on Wednesday, with the dollar-denominated yellow metal getting a boost as the U.S. dollar failed to see much of a bounce back from recent lows.

Prices for the yellow metal eased back a bit from the settlement shortly after the release of the Federal Reserve™s Beige Book.

February gold rose $2.10, or nearly 0.2%, to settle at $1,339.20 an ounce”the highest since Sept. 8. Gold last week tallied a fifth week of consecutive gains, the longest such stretch since April. Month to date, the metal has climbed more than 2%. In electronic trading, prices pulled back to $1,338.10.

The dollar pulled back after earlier strength, with its leading index hitting another three-year low Wednesday. The greenback has been sapped in recent sessions, in part as the euro was driven higher on expectations the European Central Bank will soon adopt a hawkish tone toward monetary policy if the eurozone economy continues to strengthen. The ECB will meet on Jan. 25.

A weaker dollar can boost the appeal of gold as an investment, as most commodities are priced in dollars. Conversely when the dollar gains, gold tends to drop.

Source: Marketwatch

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POPULAR NEWS
Gold Jumps on Reports of Sino-U.S. Trade-Talk Progress, Set For Slight Weekly Gain

Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...

Gold Holds February Range Awaiting Fresh Catalysts

Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...

Gold Futures Climb For The Session to Post a Gain For The Week

Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch

Wall Street Rallies on Trade Hopes

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. The Dow Jones Industrial Average rose 444.04 points, or 1.75 percent, to 25,883.43, the S&P 500 gained 29.86 points, or 1.09 percent, to 2,775.59 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. Source : Reuters

Dow jumps 200 points at open, set to end week with a flourish as U.S.-China talks show progress

U.S. stock indexes on Friday rose firmly higher as investors focused on continued progress in trade negotiations between China and the U.S. in the final day of its weeklong round of discussions. The Dow Jones Industrial Average rose 213 points, or 0.8%, at 25,648, the S&P 500 index advanced by 0.6% at 2,762, while those for the Nasdaq Composite Index climbed 0.6% to 7,470. For the week, the Dow was on pace for a 1.3% rise, the S&P a 1.4% advance, while the Nasdaq was set to gain...

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