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POPULAR NEWS
Gold Pares Weekly Gain After Kudlow's Comments on Deal

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China. Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week. Bloomberg Dollar Spot Index -0.1%. Other precious metals: Spot silver -0.2% to $16.9965/oz. Palladium +0.1% to $1,741.21/oz. Platinum +0.2% to $882.52/oz. Source: Bloomberg

Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

Topix Extends Gain After Kudlow Remark on U.S.-China Trade Talks

Japan's Topix extended its advance following remarks from White House economic adviser Larry Kudlow that negotiations over a trade deal with China were coming down to the final stages. Electronics makers and service-sector companies propelled gains in the benchmark, rebounding from its biggest two-day decline in six weeks. The Nikkei 225 Stock Average also rose after fluctuating in early trading. Topix +0.8% to 1,697.83 at the trading break in Tokyo. Gauge -0.9% on Thursday, extending...

North Korea Says US Offered to Resume Nuke Talks in December

North Korea on Thursday said the United States has proposed a resumption of stalled nuclear negotiations in December as they approach an end-of-year deadline set by North Korean leader Kim Jong Un for the Trump administration to offer an acceptable deal to salvage the talks. In a statement released by state media, North Korean negotiator Kim Myong Gil didn't clearly say whether the North would accept the supposed U.S. offer. He said North Korea has no interest in talks if they are aimed at...

Gold ends higher, recoups some recent losses as bond yields slide
Wednesday, 21 August 2019 01:55 WIB | PRECIOUS METALS |GOLD

Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day earlier, when a rally in the U.S. stock market prompted some settling in bullion.

Gold for December delivery rose $4.10, or 0.3%, to settle at $1,515.70 an ounce, after the commodity gave up $12, or 0.8%, Monday. September silver picked up 20.8 cents, or 1.2%, to $17.148 an ounce, following a 1.1% loss a day earlier.

Precious metals gained some altitude as bond yields edged lower, providing some impetus for metals buying. The 10-year Treasury note yield was down about 4.5 basis points to 1.5529% as gold futures settled Tuesday. Meanwhile, U.S. stocks traded broadly lower.

Source: Marketwatch

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POPULAR NEWS
Gold Pares Weekly Gain After Kudlow's Comments on Deal

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China. Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week. Bloomberg Dollar Spot Index -0.1%. Other precious metals: Spot silver -0.2% to $16.9965/oz. Palladium +0.1% to $1,741.21/oz. Platinum +0.2% to $882.52/oz. Source: Bloomberg

Hong Kong Stocks Close Flat, Ending Tough Week

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Dollar Flat After Powell Plays Down Further Cuts

The dollar was mostly flat in early trade in Europe on Friday amid a lull in news ahead of more U.S. economic data later in the day. The greenback is on course for a modest loss of around 0.2% this week, drifting as the world waits for China and the U.S. tie up an elusive trade truce. The threat of a Chinese crackdown on unrest in Hong Kong is also keeping markets on edge. President Xi Jinping urged the city™s chief executive Carrie Lam to clamp down on protests on late on Thursday, urging...

Topix Extends Gain After Kudlow Remark on U.S.-China Trade Talks

Japan's Topix extended its advance following remarks from White House economic adviser Larry Kudlow that negotiations over a trade deal with China were coming down to the final stages. Electronics makers and service-sector companies propelled gains in the benchmark, rebounding from its biggest two-day decline in six weeks. The Nikkei 225 Stock Average also rose after fluctuating in early trading. Topix +0.8% to 1,697.83 at the trading break in Tokyo. Gauge -0.9% on Thursday, extending...

North Korea Says US Offered to Resume Nuke Talks in December

North Korea on Thursday said the United States has proposed a resumption of stalled nuclear negotiations in December as they approach an end-of-year deadline set by North Korean leader Kim Jong Un for the Trump administration to offer an acceptable deal to salvage the talks. In a statement released by state media, North Korean negotiator Kim Myong Gil didn't clearly say whether the North would accept the supposed U.S. offer. He said North Korea has no interest in talks if they are aimed at...

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