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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

Gold edges lower after Fed delivers mixed signals
Thursday, 19 September 2019 09:12 WIB | PRECIOUS METALS |GOLDEMAS

Gold prices edged lower on Thursday as investors remained cautious after the U.S. Federal Reserve cut interest rates as expected but delivered mixed signals about its next move.

Spot gold was 0.3% lower at $1,489.73 per ounce, as of 01:02 GMT. Prices fell as much as 1% in the previous session before settling down 0.6%.

U.S. gold futures were down 1.2% at $1,497.5 per ounce.

The dollar stood tall on Thursday, while Asian shares edged higher tracking some modest Wall Street gains.

The Fed cut interest rates again on Wednesday to help sustain a record-long economic expansion, but signalled a higher bar to further reductions in borrowing costs, eliciting a fast and sharp rebuke from U.S. President Donald Trump.

Source : Reuters

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POPULAR NEWS
Gold Flirts With $1,500 Again on New Trade War Worries

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. The Chinese stance appeared to contradict the U.S. president™s contention on Friday that the two sides were closer...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the most-active contract logging their lowest settlement since Sept. 30, according to FactSet data. December silver gave up 32.6 cents, or 1.8%, to finish at $17.384 an ounce. The yield on the 10-year...

Hong Kong stocks end with healthy gains (Review)

Shares rallied on Monday in Hong Kong after China and the United States announced a partial trade deal that eased tensions between the economic superpowers. The Hang Seng Index jumped 0.81 percent, or 213.41 points, to 26,521.85, marking a third straight advance. The benchmark Shanghai Composite Index climbed 1.15 percent, or 34.22 points, to 3,007.88, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, jumped 1.43 percent, or 23.37 points, to...

Gold prices rise as the Fed announced the start of a 'massive' bond buying program

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, December gold climbed by $5.70, or 0.4%, to $1,494.40 an ounce. On Friday, it posted its lowest finish month to date and the most-active futures contract lost 1.6%. December silver added 10.6...

Oil Tumbles Again as Trade Bogeyman Returns

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism. Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president™s contention that the two sides were closer to an agreement. Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last...

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