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POPULAR NEWS
Gold Set for Weekly Gain After Trump-Kim Summit Nixed

Gold heads for weekly advance after President Donald Trump cancels summit with North Korean leader Kim Jong Un, sparking move to haven assets. Bullion for immediate delivery -0.2% to $1,302.25/oz at 9:06am in Singapore, after +0.9% Thurs, biggest daily gain since April 11. Other precious metals, Silver -0.2% to $16.6349/oz; +1.1% this week. Platinum -0.1% to $909.88/oz; +2.5% this week, most since mid-Feb. Palladium -0.1% to $975.68/oz; +0.8% this week. Source :...

Gold Churns but Holds Closely Watched $1,300 Line

Gold prices stabilized Friday above the closely watched $1,300 line, heading for a roughly 1% weekly gain. Investors awaited a round of economic data and remarks by Federal Reserve head Jerome Powell after a largely dovish set of Fed meeting minutes this week had already helped the metal claw up from the worst levels of the year. Activity may be lighter than normal ahead of a three-day weekend, with markets shut on Monday for Memorial Day. June gold was little changed near $1,304.40 an...

Hong Kong Stocks Open With Losses

Hong Kong shares opened lower on Friday morning as investors were spooked by news that Donald Trump had called off a historic summit with North Korean leader Kim Jong Un. The Hang Seng Index eased 0.31 percent, or 96.14 points, lower at 30,664.27. And the benchmark Shanghai Composite Index gave up 0.20 percent, or 6.24 points, to 3,148.41, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.09 percent, or 1.62 points, to 1,825.43. Source : AFP

Gold Set for Weekly Rise After Trump-Kim Summit Nixed

Gold heads for weekly rise after President Donald Trump cancels summit with North Korea™s Kim Jong Un, sparking haven demand. Bullion for immediate delivery -0.1% to $1,302.98/oz at 2:44pm in Singapore, after +0.9% Thurs, biggest daily gain since April 11. Other precious metals, Silver -0.4% to $16.6057/oz; +1% this week. Platinum +0.1% to $911.17/oz; +2.7% this week, most since mid-Feb. Palladium +0.1% to $976.99/oz; +1% this week. Source : Bloomberg

Gold Heads for Best Week in Six on Political Concerns

Gold heads for its biggest weekly increase since mid-April as traders weigh political developments around the world, supporting demand for a haven. Bullion for immediate delivery little changed at $1,305.34/oz in London. Price up almost 1% this week Gold +0.9% Thursday, most since April 11. Bloomberg Dollar Spot Index -0.3% this week, snapping 5-week gain;yield on 10-year Treasuries declines Other precious metals : Silver little changed at $16.6548/oz; +1.3%...

Oil prices pare losses as EIA reports a 6.9 million-barrel drop in U.S. crude supplies
Thursday, 18 January 2018 23:47 WIB | ENERGY |WTIMinyak WTI

Oil prices pared their earlier declines Thursday after the U.S. Energy Information Administration reported that domestic crude supplies dropped 6.9 million barrels for the week ended Jan. 12.

Analysts surveyed by S&P Global Platts had forecast a fall of 425,000 barrels, while the American Petroleum Institute on Wednesday reported a drop of 5.1 million barrels. Gasoline stockpiles climbed by 3.6 million barrels for the week, while distillate stockpiles declined by 3.9 million barrels, according to the EIA.

The S&P Global Platts survey forecast a supply rise of 2.7 million barrels for gasoline and a fall of 850,000 barrels for distillates. February crude was down 27 cents, or 0.4%, to $63.70 a barrel on the New York Mercantile Exchange, but that was up from $63.52 before the supply data.

Source: Marketwatch

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POPULAR NEWS
Gold Set for Weekly Gain After Trump-Kim Summit Nixed

Gold heads for weekly advance after President Donald Trump cancels summit with North Korean leader Kim Jong Un, sparking move to haven assets. Bullion for immediate delivery -0.2% to $1,302.25/oz at 9:06am in Singapore, after +0.9% Thurs, biggest daily gain since April 11. Other precious metals, Silver -0.2% to $16.6349/oz; +1.1% this week. Platinum -0.1% to $909.88/oz; +2.5% this week, most since mid-Feb. Palladium -0.1% to $975.68/oz; +0.8% this week. Source :...

Gold Churns but Holds Closely Watched $1,300 Line

Gold prices stabilized Friday above the closely watched $1,300 line, heading for a roughly 1% weekly gain. Investors awaited a round of economic data and remarks by Federal Reserve head Jerome Powell after a largely dovish set of Fed meeting minutes this week had already helped the metal claw up from the worst levels of the year. Activity may be lighter than normal ahead of a three-day weekend, with markets shut on Monday for Memorial Day. June gold was little changed near $1,304.40 an...

Hong Kong Stocks Open With Losses

Hong Kong shares opened lower on Friday morning as investors were spooked by news that Donald Trump had called off a historic summit with North Korean leader Kim Jong Un. The Hang Seng Index eased 0.31 percent, or 96.14 points, lower at 30,664.27. And the benchmark Shanghai Composite Index gave up 0.20 percent, or 6.24 points, to 3,148.41, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.09 percent, or 1.62 points, to 1,825.43. Source : AFP

Gold Set for Weekly Rise After Trump-Kim Summit Nixed

Gold heads for weekly rise after President Donald Trump cancels summit with North Korea™s Kim Jong Un, sparking haven demand. Bullion for immediate delivery -0.1% to $1,302.98/oz at 2:44pm in Singapore, after +0.9% Thurs, biggest daily gain since April 11. Other precious metals, Silver -0.4% to $16.6057/oz; +1% this week. Platinum +0.1% to $911.17/oz; +2.7% this week, most since mid-Feb. Palladium +0.1% to $976.99/oz; +1% this week. Source : Bloomberg

Gold Heads for Best Week in Six on Political Concerns

Gold heads for its biggest weekly increase since mid-April as traders weigh political developments around the world, supporting demand for a haven. Bullion for immediate delivery little changed at $1,305.34/oz in London. Price up almost 1% this week Gold +0.9% Thursday, most since April 11. Bloomberg Dollar Spot Index -0.3% this week, snapping 5-week gain;yield on 10-year Treasuries declines Other precious metals : Silver little changed at $16.6548/oz; +1.3%...

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