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POPULAR NEWS
Gold prices end lower for a second straight session

Gold futures ended lower Monday, extending their losses from the previous session after posting a third straight weekly advance, as the U.S. dollar strengthened against most of its currency rivals to start the week. December gold fell $4.10, or 0.3%, to settle at $1,224.60 an ounce after losing about 0.1% on Friday. Last week, however, prices tallied a gain of roughly 0.6%. In Monday dealings, the ICE U.S. Dollar Index added 0.3% to 95.99, trading about 0.9% higher month to date in the wake...

Oil holds steady as rising U.S. rig count offsets Iran sanctions worries

Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran's crude exports, but held back by rising drilling activity in the United States. Front-month Brent crude oil futures were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week. U.S. West Texas Intermediate crude futures were at $69.07 a barrel, 5 cents below their last settlement. U.S. sanctions against Iran's oil exports will start on...

Gold Extends Rally as Safe Haven Demand Picks Up

Gold advanced for third day after White House economic adviser Larry Kudlow accused China of doing ''nothing'' to defuse a trade spat and as tensions between the U.S. and Saudi Arabia continue to simmer. U.S. stock-index futures declined, while equities in China climbed after President Xi Jinping vowed 'unwavering' support for the country's private sector. In an indication of renewed appetite for the metal as a safe haven, bearish bets on gold fell by the most since March. The...

Gold Prices Head Lower For a Second Straight Session

Gold futures edged lower Monday, extending their losses from the previous session after posting a third straight weekly advance, as the U.S. dollar strengthened against most of its currency rivals to start the week. December gold fell $3.90, or 0.3%, to $1,224.80 an ounce after losing about 0.1% on Friday. Last week, however, prices tallied a gain of roughly 0.6%. In Monday dealings, the ICE U.S. Dollar Index added 0.3% to 95.98, trading about 0.9% higher month to date in the wake of...

MKS: Gold Support Around $1,210-$1,220 Should Restrict Declines

Spot gold remains above chart support that starts around $1,220 an ounce, says MKS (Switzerland) S.A. 'Trade concerns between the U.S. and China remain elevated and the ongoing U.S.-Saudi tensions are likely to continue to underpin a bid tone for bullion over the near term,' MKS says. 'Supportive price action around $1,210-$1,220 should restrict declines amid current global political uncertainty, while a test through $1,230-$1,235 will likely squeeze further shorts out of the market and see...

Gold ends with modest gain, then falls under $1,300
Thursday, 14 June 2018 01:16 WIB | PRECIOUS METALS |GOLDEMAS

Gold prices ended higher on Wednesday, then fell below $1,300 an ounce in electronic trading after the U.S. Federal Reserve lifted a key interest rate to a range of 1.75% to 2%.

The benchmark ICE U.S. Dollar Index gave up earlier weakness following the Fed's decision. The central bank also signaled that it will raise the cost of borrowing four times this year. August gold was at $1,299.30 an ounce in electronic trading. Prices rose $1.90, or nearly 0.2%, to settle at $1,301.30 an ounce before the Fed announcement.

Source : Marketwatch

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POPULAR NEWS
Gold prices end lower for a second straight session

Gold futures ended lower Monday, extending their losses from the previous session after posting a third straight weekly advance, as the U.S. dollar strengthened against most of its currency rivals to start the week. December gold fell $4.10, or 0.3%, to settle at $1,224.60 an ounce after losing about 0.1% on Friday. Last week, however, prices tallied a gain of roughly 0.6%. In Monday dealings, the ICE U.S. Dollar Index added 0.3% to 95.99, trading about 0.9% higher month to date in the wake...

Oil holds steady as rising U.S. rig count offsets Iran sanctions worries

Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran's crude exports, but held back by rising drilling activity in the United States. Front-month Brent crude oil futures were trading at $79.74 a barrel at 0042 GMT, 4 cents below their last close at the end of last week. U.S. West Texas Intermediate crude futures were at $69.07 a barrel, 5 cents below their last settlement. U.S. sanctions against Iran's oil exports will start on...

Gold Extends Rally as Safe Haven Demand Picks Up

Gold advanced for third day after White House economic adviser Larry Kudlow accused China of doing ''nothing'' to defuse a trade spat and as tensions between the U.S. and Saudi Arabia continue to simmer. U.S. stock-index futures declined, while equities in China climbed after President Xi Jinping vowed 'unwavering' support for the country's private sector. In an indication of renewed appetite for the metal as a safe haven, bearish bets on gold fell by the most since March. The...

Gold Prices Head Lower For a Second Straight Session

Gold futures edged lower Monday, extending their losses from the previous session after posting a third straight weekly advance, as the U.S. dollar strengthened against most of its currency rivals to start the week. December gold fell $3.90, or 0.3%, to $1,224.80 an ounce after losing about 0.1% on Friday. Last week, however, prices tallied a gain of roughly 0.6%. In Monday dealings, the ICE U.S. Dollar Index added 0.3% to 95.98, trading about 0.9% higher month to date in the wake of...

MKS: Gold Support Around $1,210-$1,220 Should Restrict Declines

Spot gold remains above chart support that starts around $1,220 an ounce, says MKS (Switzerland) S.A. 'Trade concerns between the U.S. and China remain elevated and the ongoing U.S.-Saudi tensions are likely to continue to underpin a bid tone for bullion over the near term,' MKS says. 'Supportive price action around $1,210-$1,220 should restrict declines amid current global political uncertainty, while a test through $1,230-$1,235 will likely squeeze further shorts out of the market and see...

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