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POPULAR NEWS
Gold prices rise on trade talk optimism; Fed stance limits gains

Gold inched up on Friday as optimism over U.S.-China trade talks pressured the dollar, but signs that the U.S. Federal Reserve could raise interest rates again this year kept prices below a 10-month high hit earlier this week. Spot gold had risen 0.2 percent to $1,325.52 per ounce as of 0548 GMT. The metal was headed for a second straight weekly rise, up almost 0.4 percent this week. U.S. gold futures were subdued at $1,328.1 per ounce. The dollar index against a basket of six major...

Gold Ends Higher as Dollar Stumbles, Metal Registers Second Straight Weekly Gain

Gold futures settled higher Friday as the dollar weakened, with bullion booking its second straight weekly gain, a day after the metal's largest one-day drop since August. April gold finished up $5, or 0.4%, at $1,332.80 an ounce, which helped it produce a weekly gain of 0.8%, according to FactSet data. The advance for the metal and the broader commodity complex has come amid apparent progress in talks between the U.S. and major natural resource importer China. Meanwhile, the dollar, as...

Gold Ekes Out Gain Ahead of Trade Talks in U.S.

Gold inched higher after posting the biggest decline in three months as investors awaited any signs of progress from trade talks between the U.S. and China. Spot gold +0.1% to $1,325.46/oz at 7:37am in London. Prices -1.1% on Thursday, biggest drop since Nov. 9. Metal still heads for 4th weekly gain in five after hitting 10-month high on Wednesday. Bloomberg Dollar Spot Index little changed; -0.2% this week. Other precious metals: Silver +0.3%. Platinum +1.1% to...

Gold slightly lower but on track for weekly gain

Gold futures edged lower Friday but remained on track to log a weekly gain a day after the largest their largest one-day drop since August. Gold for April delivery on Comex was off $1.50, or 0.1%, at $1,326.30 an ounce, while March silver was up 1.9 cents, or 0.1%, to $15.82 an ounce. Gold remained on track for a 0.3% weekly rise, while silver is headed for a 0.5% gain. In other metals trade, March copper was up sharply, rising 4.8 cents, or 1.7%, to $2.945 a pound. March palladium rose...

Pompeo: American-Born Islamic State Woman Is Not US

U.S. Secretary of State Mike Pompeo contended Thursday that an American-born woman who defected to the Islamic State terrorist group is not a U.S. citizen and should not be allowed to return home from Syria because her father was a Yemeni diplomat. President Donald Trump said he ordered Pompeo to not let the woman, Hoda Muthana, return to the U.S., even though her lawyer says she is willing to face U.S. prosecution for willingly going to Syria and using social media to praise the killings of...

Oil Holds Loss as OPEC Talks End Without Deal to Curb Production
Friday, 7 December 2018 07:47 WIB | ENERGY |MinyakWTIBrentOil,

Oil held a loss below $52 a barrel after OPEC talks ended without a deal to curb production.

Futures in New York were little changed after slumping 2.7 percent Thursday. Saudi Arabia Energy Minister Khalid Al-Falih said in Vienna he isn™t confident of an agreement when the Organization of Petroleum Exporting Countries meets again with its allies on Friday.

A proposal for a combined OPEC and non-OPEC cut of 1 million barrels a day was left dangling in uncertainty.

OPEC Ministers discussed whether to exempt Libya, Venezuela and Iran from making oil production cuts, a delegate said.

WTI for Jan. delivery trades at $51.63/bbl on Nymex, added 14c, at 8:37am in Tokyo. Contract fell $1.40 to $51.49 on Thursday.

Feb. Brent fell $1.50 to $60.06/bbl on ICE Futures Europe exchange on Thursday. Brent ended session at $8.36 premium to WTI for the same month.

Source: Bloomberg

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POPULAR NEWS
Gold prices rise on trade talk optimism; Fed stance limits gains

Gold inched up on Friday as optimism over U.S.-China trade talks pressured the dollar, but signs that the U.S. Federal Reserve could raise interest rates again this year kept prices below a 10-month high hit earlier this week. Spot gold had risen 0.2 percent to $1,325.52 per ounce as of 0548 GMT. The metal was headed for a second straight weekly rise, up almost 0.4 percent this week. U.S. gold futures were subdued at $1,328.1 per ounce. The dollar index against a basket of six major...

Gold Ends Higher as Dollar Stumbles, Metal Registers Second Straight Weekly Gain

Gold futures settled higher Friday as the dollar weakened, with bullion booking its second straight weekly gain, a day after the metal's largest one-day drop since August. April gold finished up $5, or 0.4%, at $1,332.80 an ounce, which helped it produce a weekly gain of 0.8%, according to FactSet data. The advance for the metal and the broader commodity complex has come amid apparent progress in talks between the U.S. and major natural resource importer China. Meanwhile, the dollar, as...

Gold Ekes Out Gain Ahead of Trade Talks in U.S.

Gold inched higher after posting the biggest decline in three months as investors awaited any signs of progress from trade talks between the U.S. and China. Spot gold +0.1% to $1,325.46/oz at 7:37am in London. Prices -1.1% on Thursday, biggest drop since Nov. 9. Metal still heads for 4th weekly gain in five after hitting 10-month high on Wednesday. Bloomberg Dollar Spot Index little changed; -0.2% this week. Other precious metals: Silver +0.3%. Platinum +1.1% to...

Gold slightly lower but on track for weekly gain

Gold futures edged lower Friday but remained on track to log a weekly gain a day after the largest their largest one-day drop since August. Gold for April delivery on Comex was off $1.50, or 0.1%, at $1,326.30 an ounce, while March silver was up 1.9 cents, or 0.1%, to $15.82 an ounce. Gold remained on track for a 0.3% weekly rise, while silver is headed for a 0.5% gain. In other metals trade, March copper was up sharply, rising 4.8 cents, or 1.7%, to $2.945 a pound. March palladium rose...

Pompeo: American-Born Islamic State Woman Is Not US

U.S. Secretary of State Mike Pompeo contended Thursday that an American-born woman who defected to the Islamic State terrorist group is not a U.S. citizen and should not be allowed to return home from Syria because her father was a Yemeni diplomat. President Donald Trump said he ordered Pompeo to not let the woman, Hoda Muthana, return to the U.S., even though her lawyer says she is willing to face U.S. prosecution for willingly going to Syria and using social media to praise the killings of...

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