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POPULAR NEWS
Gold Futures Post Their First Gain in 3 Sessions

Gold futures climbed on Monday to score their first gain in three sessions, moving back toward the nearly nine-year high they reached on Wednesday. Investors eyed the rising number of cases in the U.S., which lifted expectations for further central bank stimulus measures to offset the effects of the pandemic's hit to the economy. August gold rose $12.20, or 0.7%, to settle at $1,814.10 an ounce. Prices on Wednesday settled at $1,820.60, the highest for a most-active contract since Sept. 14,...

Gold Trades Steady as Virus, Equities’ Advance Weighed

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday. Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring in the pandemic. Spot gold +0.1% to $1,801.02 at 7:40 a.m. in Singapore. Spot silver gained for second day. Bloomberg Dollar Spot Index

Dollar Falls as U.S. Earning Season Kicks Off

The U.S. dollar edged lower on Monday as investors looked to domestic corporate earnings and upcoming retail data to gauge whether guarded optimism on the country's economic outlook is justified. The index that measures the dollar against a basket of six other major currencies - which often serves as a safe-haven for investors seeking high-quality assets in moments of market volatility - was down 0.31% in North American morning trade. The dollar ended its third week of losses on Friday as...

Hong Kong Stocks Close Higher (Review)

Hong Kong stocks finished Monday on a positive note as hopes for a virus vaccine overshadowed concerns about a fresh wave of infections in the financial hub. The Hang Seng Index added 0.17 percent, or 44.71 points, to 25,772.12. The benchmark Shanghai Composite Index climbed 1.77 percent, or 59.96 points, to 3,443.29 while the Shenzhen Composite Index on China's second exchange jumped 3.48 percent, or 78.39 points, to 2,329.40. Source : AFP

Oil Extends Drop on OPEC+ Taper Jitters and U.S.-China Tension

Oil dropped for a second day on expectations that OPEC+ will start winding down production cuts next month and as escalating tension between Washington and Beijing worsened sentiment across financial markets. Futures in New York fell below $40 a barrel after retreating 1.1% on Monday. OPEC+™s Joint Ministerial Monitoring Committee meets Wednesday and the group is expected to stick to its plan of tapering the cuts from August even as the coronavirus rages unabated in many...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season
Wednesday, 16 October 2019 03:44 WIB | PRECIOUS METALS |EMASGOLD

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 U.S. Treasury note rose 3.7 basis points to 1.7668% in Tuesday dealings. Higher yields on government debt can weigh on assets like gold that offer no yield.

Source : Marketwatch

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Monday, 13 July 2020 19:22 WIB

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POPULAR NEWS
Gold Futures Post Their First Gain in 3 Sessions

Gold futures climbed on Monday to score their first gain in three sessions, moving back toward the nearly nine-year high they reached on Wednesday. Investors eyed the rising number of cases in the U.S., which lifted expectations for further central bank stimulus measures to offset the effects of the pandemic's hit to the economy. August gold rose $12.20, or 0.7%, to settle at $1,814.10 an ounce. Prices on Wednesday settled at $1,820.60, the highest for a most-active contract since Sept. 14,...

Gold Trades Steady as Virus, Equities’ Advance Weighed

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday. Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring in the pandemic. Spot gold +0.1% to $1,801.02 at 7:40 a.m. in Singapore. Spot silver gained for second day. Bloomberg Dollar Spot Index

Dollar Falls as U.S. Earning Season Kicks Off

The U.S. dollar edged lower on Monday as investors looked to domestic corporate earnings and upcoming retail data to gauge whether guarded optimism on the country's economic outlook is justified. The index that measures the dollar against a basket of six other major currencies - which often serves as a safe-haven for investors seeking high-quality assets in moments of market volatility - was down 0.31% in North American morning trade. The dollar ended its third week of losses on Friday as...

Hong Kong Stocks Close Higher (Review)

Hong Kong stocks finished Monday on a positive note as hopes for a virus vaccine overshadowed concerns about a fresh wave of infections in the financial hub. The Hang Seng Index added 0.17 percent, or 44.71 points, to 25,772.12. The benchmark Shanghai Composite Index climbed 1.77 percent, or 59.96 points, to 3,443.29 while the Shenzhen Composite Index on China's second exchange jumped 3.48 percent, or 78.39 points, to 2,329.40. Source : AFP

Oil Extends Drop on OPEC+ Taper Jitters and U.S.-China Tension

Oil dropped for a second day on expectations that OPEC+ will start winding down production cuts next month and as escalating tension between Washington and Beijing worsened sentiment across financial markets. Futures in New York fell below $40 a barrel after retreating 1.1% on Monday. OPEC+™s Joint Ministerial Monitoring Committee meets Wednesday and the group is expected to stick to its plan of tapering the cuts from August even as the coronavirus rages unabated in many...

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