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POPULAR NEWS
Gold gives up nearly all of its gains, but settles at highest since late August 2013

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an interest-rate cut in July is not a done deal. Following those comments, George Gero, managing director at RBC Wealth Management, said he expected to see profit taking in gold. A July interest-rate cut has been widely expected by investors and economists. August gold rose...

Tokyo's Nikkei index opens slightly lower, traders eye G20

Tokyo's leading Nikkei stocks index opened marginally lower on Tuesday after a quiet Wall Street session with all eyes on a heavily anticipated US-China meeting at the Group of 20 summit later this week. The benchmark Nikkei 225 index was down 0.03 percent or 5.44 points at 21,280.55 in early trade, while the broader Topix index was up 0.12 percent or 1.89 points at 1,549.63. Source: AFP

Gold settles lower after 4-session climb lifted prices near a 6-year high

Gold futures settled lower on Wednesday, down from the nearly six-year high scored a day earlier, following comments from Federal Reserve chair Jerome Powell on Tuesday that analysts interpreted as less dovish than expected, along with fresh hopes for progress on U.S.-China trade talks. Also, optimistic comments by U.S. Treasury Secretary Steven Mnuchin early Wednesday regarding the U.S.-China trade dispute shifted investor attention back towards equity markets œbut in my opinion, that is a...

Gold Jumps to Highest in Almost 6 Years Fueled by Rising Risks

Gold's rally shows no signs of abating. The metal surged to the highest level in almost six years as fresh U.S. sanctions on Iran added to uncertainty in global markets, with investors also looking to the G-20 summit this weekend where Presidents Donald Trump and Xi Jinping are expected to meet to discuss trade. Another key event on traders™ watchlist is Federal Reserve Chairman Jerome Powell™s speech in New York later Tuesday, which will touch on monetary...

Gold Takes Aim at Fresh 2013 Highs as U.S.-Iran Tensions Build

Geopolitical tensions helped nudge investors into gold on Tuesday, driving the precious metal deeper into record territory. August gold rose $19, or 1.3%, to $1,437.40 an ounce, which could put the precious metal on track for the highest settlement for a most-active contract since May 10, 2013, according to FactSet. Gold rose 1.3% to settle at $1,418.20 on Tuesday, for the strongest settlement for a most-active close since August 28, 2013, according to FactSet. The metal gained 4.1% last...

Oil Extends Gain on Stockpile Optimism and Easing Trade Tensions
Wednesday, 12 December 2018 09:06 WIB | ENERGY |MinyakWTIBrentOil,

Oil extended an advance after a U.S. industry report signaled a bigger-than-expected draw in nationwide crude inventories and as trade tensions eased between the world's two largest economies.

Futures in New York added as much as 1.4 percent after climbing 1.3 percent Tuesday. U.S. crude stockpiles fell 10.2 million barrels last week, the industry-funded American Petroleum Institute was said to report before government data that's forecast to show a smaller drop Wednesday. Meanwhile, risk assets including crude gained on hopes that trade tensions would thaw following.

West Texas Intermediate for January delivery gained as much as 70 cents to $52.35 a barrel on the New York Mercantile Exchange, and traded at $52.33 at 9:49 a.m. in Singapore. Prices increased 65 cents to $51.65 on Tuesday, after posting a 3.1 percent drop in the previous session. Total volume traded was 22 percent below the 100-day average.

Brent for February settlement rose 72 cents to $60.92 a barrel on London™s ICE Futures Europe exchange. Futures settled 0.4 percent higher at $60.20 on Tuesday. The global benchmark crude traded at $8.42 a barrel premium to WTI for the same month.

Source : Bloomberg

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POPULAR NEWS
Gold gives up nearly all of its gains, but settles at highest since late August 2013

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an interest-rate cut in July is not a done deal. Following those comments, George Gero, managing director at RBC Wealth Management, said he expected to see profit taking in gold. A July interest-rate cut has been widely expected by investors and economists. August gold rose...

Tokyo's Nikkei index opens slightly lower, traders eye G20

Tokyo's leading Nikkei stocks index opened marginally lower on Tuesday after a quiet Wall Street session with all eyes on a heavily anticipated US-China meeting at the Group of 20 summit later this week. The benchmark Nikkei 225 index was down 0.03 percent or 5.44 points at 21,280.55 in early trade, while the broader Topix index was up 0.12 percent or 1.89 points at 1,549.63. Source: AFP

Gold settles lower after 4-session climb lifted prices near a 6-year high

Gold futures settled lower on Wednesday, down from the nearly six-year high scored a day earlier, following comments from Federal Reserve chair Jerome Powell on Tuesday that analysts interpreted as less dovish than expected, along with fresh hopes for progress on U.S.-China trade talks. Also, optimistic comments by U.S. Treasury Secretary Steven Mnuchin early Wednesday regarding the U.S.-China trade dispute shifted investor attention back towards equity markets œbut in my opinion, that is a...

Gold Jumps to Highest in Almost 6 Years Fueled by Rising Risks

Gold's rally shows no signs of abating. The metal surged to the highest level in almost six years as fresh U.S. sanctions on Iran added to uncertainty in global markets, with investors also looking to the G-20 summit this weekend where Presidents Donald Trump and Xi Jinping are expected to meet to discuss trade. Another key event on traders™ watchlist is Federal Reserve Chairman Jerome Powell™s speech in New York later Tuesday, which will touch on monetary...

Gold Takes Aim at Fresh 2013 Highs as U.S.-Iran Tensions Build

Geopolitical tensions helped nudge investors into gold on Tuesday, driving the precious metal deeper into record territory. August gold rose $19, or 1.3%, to $1,437.40 an ounce, which could put the precious metal on track for the highest settlement for a most-active contract since May 10, 2013, according to FactSet. Gold rose 1.3% to settle at $1,418.20 on Tuesday, for the strongest settlement for a most-active close since August 28, 2013, according to FactSet. The metal gained 4.1% last...

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