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POPULAR NEWS
Gold loses stream after tapping fresh 6-year highs

Gold futures lost steam on Friday, ending lower for the session as the dollar strengthened. Prices, however, gained for the week after logging their first intraday climb above $1,450 an ounce in six years. August gold trading fell by $1.40, or 0.1%, to settle at $1,426.70 an ounce, after touching an intraday high of $1,454.40. Friday™s intraday high and Thursday™s settlement were the loftiest for a most-active contract since mid-May 2013, according to Dow Jones Market Data. Gold tallied...

Stocks Skid Lower to End Worst Week Since May Smid Disappointment on Fed Rate-cut Plans

U.S. stocks finished firmly lower Friday, capping the worst week for equities since the end of May, as doubts about the magnitude of an expected rate cut by the Federal Reserve softened the buying mood on Wall Street. The Dow Jones Industrial Average closed down 0.3% at 27,154, off 69 points, the S&P 500 index retreated 0.6% at 2,977, while the Nasdaq Composite Index pulled back 0.7% to end at 8,146. For the week, the Dow booked a 0.7% decline, the S&P 500 finished with a weekly slide...

Oil Gains For The Session, But U.S. Prices Drop Over 7% For The Week

Oil futures finished higher Friday after reports that Iran seized a U.K.-flagged ship in the Gulf of Oman. Prices still settled lower for the week, however, on worries about a slowdown in demand. The market saw an "insane downward trend in crude oil this week," said James Hatzigiannis, senior commodities associate at Long Leaf Trading Group. "I think it is a bit of an overreaction and you should see prices recover next week if there [is] any progress on the U.S./China trade front or any...

Hong Kong stocks close week on a high (Review)

Hong Kong shares ended the week on a strong note Friday, jumping more than one percent on hopes for a sharp interest rate cut by the Federal Reserve later this month. The Hang Seng Index added 1.07 percent, or 303.74 points to 28,765.40. The benchmark Shanghai Composite Index climbed 0.79 percent, or 23.02 points, to 2,924.20 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.75 percent, or 11.63 points, to 1,560.27. Source : AFP

Gold futures finish slightly lower as dollar index bucks up
Friday, 5 April 2019 01:10 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures settled slightly lower on Friday, but pared a much sharper decline as financial markets awaited an update on reported progress in trade negotiations between the U.S. and China and as an upbeat reading on jobless benefits claims fueled expectations for a recovery in monthly hiring in a report due Friday morning.

June gold closed $1, or less than 0.1%, lower at $1,294.30 an ounce. The metal had hitan intrday low at $1,284.90 an ounce as the dollar gained some altitude.

One measure of greenback, the ICE U.S. Dollar Index was up 0.2% at 97.31. For the week, gold is headed for a decline of about 0.3%, based on the most-active contract.

Source: Marketwatch

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POPULAR NEWS
Gold loses stream after tapping fresh 6-year highs

Gold futures lost steam on Friday, ending lower for the session as the dollar strengthened. Prices, however, gained for the week after logging their first intraday climb above $1,450 an ounce in six years. August gold trading fell by $1.40, or 0.1%, to settle at $1,426.70 an ounce, after touching an intraday high of $1,454.40. Friday™s intraday high and Thursday™s settlement were the loftiest for a most-active contract since mid-May 2013, according to Dow Jones Market Data. Gold tallied...

Stocks Skid Lower to End Worst Week Since May Smid Disappointment on Fed Rate-cut Plans

U.S. stocks finished firmly lower Friday, capping the worst week for equities since the end of May, as doubts about the magnitude of an expected rate cut by the Federal Reserve softened the buying mood on Wall Street. The Dow Jones Industrial Average closed down 0.3% at 27,154, off 69 points, the S&P 500 index retreated 0.6% at 2,977, while the Nasdaq Composite Index pulled back 0.7% to end at 8,146. For the week, the Dow booked a 0.7% decline, the S&P 500 finished with a weekly slide...

Oil Gains For The Session, But U.S. Prices Drop Over 7% For The Week

Oil futures finished higher Friday after reports that Iran seized a U.K.-flagged ship in the Gulf of Oman. Prices still settled lower for the week, however, on worries about a slowdown in demand. The market saw an "insane downward trend in crude oil this week," said James Hatzigiannis, senior commodities associate at Long Leaf Trading Group. "I think it is a bit of an overreaction and you should see prices recover next week if there [is] any progress on the U.S./China trade front or any...

Hong Kong stocks close week on a high (Review)

Hong Kong shares ended the week on a strong note Friday, jumping more than one percent on hopes for a sharp interest rate cut by the Federal Reserve later this month. The Hang Seng Index added 1.07 percent, or 303.74 points to 28,765.40. The benchmark Shanghai Composite Index climbed 0.79 percent, or 23.02 points, to 2,924.20 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.75 percent, or 11.63 points, to 1,560.27. Source : AFP

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