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POPULAR NEWS
Gold Declines as Palladium Retreats From a Record Settlement

Gold futures ended lower Thursday, with overall strength in the dollar helping the metal build on its losses for the week, while palladium eased back from the record settlement it scored in the previous session. Gold for February delivery lost $2.60, or 0.2%, to settle at $1,247.40 an ounce, giving back nearly all of the $2.80 gain it saw a day earlier. Week to date, it has lost 0.4%. March silver settled at $14.855 an ounce, up just under half a cent for the session. March palladium...

Gold Prices Steady on Fed Policy Outlook Uncertainty

Gold prices steadied on Friday, after slipping to a week-low in the previous session, supported by the uncertainty around the Federal Reserve's next year's policy outlook, while the dollar strengthened on expectations of a rate hike next week. Spot gold was steady at $1,242.11 per ounce, as of 0133 GMT. Prices fell to their lowest level since Dec. 7 at $1,239.83 on Thursday. U.S. gold futures were down 0.1 percent at $1,246.4 per ounce. The dollar firmed against major counterparts as...

Hong Kong Stocks Open Sharply Lower

Hong Kong shares opened sharply lower Friday as investors cashed out following a healthy three-day rally fuelled by US-China trade talks hopes. The Hang Seng Index shed 1.15 percent, or 305.35 points, to 26,219.00. The benchmark Shanghai Composite Index lost 0.26 percent, or 6.77 points, to 2,627.28, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.26 percent, or 3.50 points, to 1,357.42. Source : AFP

Gold weakens as haven buying lifts U.S. dollar

A round of weaker-than-expected Chinese economic data was spooking global investors Friday, but failed to provide a lift for gold thanks to a stronger U.S. dollar. Gold for February delivery on Comex was off $5, or 0.4%, to $1,242.40 an ounce, while March silver fell 17.5 cents, or 1.2%, to $14.68 an ounce. In other metals trade, March palladium was off $17.90, or 1.5%, to $1,172.80 an announce, while January platinum fell $3.20, or 0.4%, to $794.30 an ounce. March copper fell 3.3 cents, or...

Hong Kong Stocks End With More Healthy Gains

Hong Kong shares rallied more than one percent for the second straight day Thursday as investors grow optimistic for China-US trade talks. The Hang Seng Index jumped 1.29 percent, or 337.64 points, to 26,524.35. The benchmark Shanghai Composite Index climbed 1.23 percent, or 31.90 points, to 2,634.05 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.11 percent, or 14.89 points, to 1,360.92.

Oil takes a hit as U.S. supplies rise a third week and global stock markets drop
Friday, 12 October 2018 02:28 WIB | ENERGY |Minyak WTIMinyak jenis Brent

Oil futures dropped Thursday to log their lowest settlement month to date, after a report revealed a third-weekly rise in U.S. crude supplies.

Prices also suffered in the wake of a global equity rout that raised concerns about the economy and the outlook for energy demand.

November West Texas Intermediate crude fell $2.20, or 3%, to settle at $70.97 a barrel on the New York Mercantile Exchange. The global benchmark, Brent crude for December delivery on the ICE Europe exchange lost $2.83, or 3.4%, to $80.26 a barrel. Both benchmarks on Thursday saw their lowest settlements since Sept. 21, after dropping by more than 2% Wednesday, according to FactSet data.

Marketwatch

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POPULAR NEWS
Gold Declines as Palladium Retreats From a Record Settlement

Gold futures ended lower Thursday, with overall strength in the dollar helping the metal build on its losses for the week, while palladium eased back from the record settlement it scored in the previous session. Gold for February delivery lost $2.60, or 0.2%, to settle at $1,247.40 an ounce, giving back nearly all of the $2.80 gain it saw a day earlier. Week to date, it has lost 0.4%. March silver settled at $14.855 an ounce, up just under half a cent for the session. March palladium...

Gold Prices Steady on Fed Policy Outlook Uncertainty

Gold prices steadied on Friday, after slipping to a week-low in the previous session, supported by the uncertainty around the Federal Reserve's next year's policy outlook, while the dollar strengthened on expectations of a rate hike next week. Spot gold was steady at $1,242.11 per ounce, as of 0133 GMT. Prices fell to their lowest level since Dec. 7 at $1,239.83 on Thursday. U.S. gold futures were down 0.1 percent at $1,246.4 per ounce. The dollar firmed against major counterparts as...

Hong Kong Stocks Open Sharply Lower

Hong Kong shares opened sharply lower Friday as investors cashed out following a healthy three-day rally fuelled by US-China trade talks hopes. The Hang Seng Index shed 1.15 percent, or 305.35 points, to 26,219.00. The benchmark Shanghai Composite Index lost 0.26 percent, or 6.77 points, to 2,627.28, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.26 percent, or 3.50 points, to 1,357.42. Source : AFP

Gold weakens as haven buying lifts U.S. dollar

A round of weaker-than-expected Chinese economic data was spooking global investors Friday, but failed to provide a lift for gold thanks to a stronger U.S. dollar. Gold for February delivery on Comex was off $5, or 0.4%, to $1,242.40 an ounce, while March silver fell 17.5 cents, or 1.2%, to $14.68 an ounce. In other metals trade, March palladium was off $17.90, or 1.5%, to $1,172.80 an announce, while January platinum fell $3.20, or 0.4%, to $794.30 an ounce. March copper fell 3.3 cents, or...

Hong Kong Stocks End With More Healthy Gains

Hong Kong shares rallied more than one percent for the second straight day Thursday as investors grow optimistic for China-US trade talks. The Hang Seng Index jumped 1.29 percent, or 337.64 points, to 26,524.35. The benchmark Shanghai Composite Index climbed 1.23 percent, or 31.90 points, to 2,634.05 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.11 percent, or 14.89 points, to 1,360.92.

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