Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...
Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...
Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP
Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP
European stocks opened higher on Monday as hopes emerge for stimulus from central banks and fiscal measures from major economies such as China and Germany. The pan-European Stoxx 600 jumped 0.8% at 372.97 at the opening bell, with basic resources surging 1.8% as all sectors and major bourses traded in positive territory. German finance minister Olaf Scholz said on Sunday that Germany has the fiscal strength to mitigate any future economic crisis with œfull force and suggested that...
Gold ended lower on Tuesday as a rise in U.S. retail sales contributed to a stronger U.S. dollar, pressuring prices for the precious metal.
The upbeat retail sales number, however, also lifted prices for silver, brightening the metal™s industrial demand prospects.
August gold trading on Comex fell $2.30, or 0.2%, to settle at $1,411.20 an ounce. On Monday, the yellow metal booked its highest most-active contract settlement since July 3, which saw a finish at $1,420.90”the highest since May 2013, FactSet data show.
September silver meanwhile, picked up 31.1 cents, or 2%, to $15.678 an ounce, the highest finish for a most-active contract since late February, FactSet data show.
Source: Marketwatch
Gold prices slipped on Monday due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around the world eased concerns about a recession. Spot gold...
Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures M...
Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in th...
Gold pulled back Friday from the latest in a string of more-than-six year highs, but remains on track for a weekly gain. Gold for December delivery on Comex fell $9.60, or 0.6%, to $1,521.69 an ounce...
Gold futures are poised for a sixth weekly advance, the best streak in more than three years, on heightened trade uncertainty and concerns about slowing global growth. China called loo...
Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China. Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours...
Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as investors assess signs of progress in trade negotiations with China. Futures on Monday were little changed after climbing 0.7% on Friday. Saudi Arabian Oil Co. said oil operations weren™t interrupted after a small fire was extinguished at a natural gas liquids plant at the at the Shaybah field. President Donald Trump said in a...
Tokyo stocks opened higher on Monday, tracking rallies on Wall Street with all eyes on key events this week including a major speech by the US Federal Reserve chief. The benchmark Nikkei 225 index was up 0.90 percent, or 182.81 points, at 20,601.62 in early trade, while the broader Topix index climbed 0.68 percent, or 10.17 points, to 1,495.46. Source : AFP
Hong Kong shares ended Monday's morning session with strong gains following a healthy lead from Wall Street and fuelled by fresh hopes for China-US trade talks. The Hang Seng Index jumped 1.87 percent, or 482.01 points, to 26,216.23. Source : AFP
European stocks opened higher on Monday as hopes emerge for stimulus from central banks and fiscal measures from major economies such as China and Germany. The pan-European Stoxx 600 jumped 0.8% at 372.97 at the opening bell, with basic resources surging 1.8% as all sectors and major bourses traded in positive territory. German finance minister Olaf Scholz said on Sunday that Germany has the fiscal strength to mitigate any future economic crisis with œfull force and suggested that...