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POPULAR NEWS
Gold Prices Settle at a Nearly 4-Month Low as Dollar Perks Up

Gold prices on Tuesday finished lower as one popular measure of the U.S. dollar teetered near a two-year high, producing headwinds for bullion. Gold for June delivery declined $4.40, or 0.3%, to settle at $1,273.20 an ounce, with the commodity suffering from the lowest most-active contract settlement since Dec. 26, according to FactSet data. The moves come as the ICE U.S. Dollar Index a key gauge of the greenback against six major rivals, was up 0.4% at 97.657. A move above 97.71 would mark...

Gold Ends Higher as The U.S. Stock Market Pauses Its Rally

Gold futures ended higher on Wednesday, rebounding from their lowest levels of the year, as a rally in stocks that took two of the three main U.S. equity indexes to records cooled, providing support for the haven metal. However, a perky dollar ” hovering around its highest level in about 22 months ” kept prices for the metal off the session™s high. Gold for June delivery rose $6.20, or 0.5%, to settle at $1,279.40 an ounce. The most-active contract settled at its lowest levels since...

Gold prices retreat to nearly 4-month low as dollar perks up

Gold prices on Tuesday headed lower as one popular measure of the U.S. dollar teetered near a two-year high, producing some headwinds for bullion. Gold for June delivery declined $3.80, or 0.3%, to trade at $1,273.80 an ounce, pushing the commodity back to its lowest level for a most-active contract since Dec. 26, according to FactSet data. The moves comes as the ICE U.S. Dollar Index a key gauge of greenback against six major rivals, was up 0.1% at 97.345. A climb to 97.71, would mark the...

USD/JPY clings to 112.00 as Tokyo opens for an active day

The USD/JPY pair is on the rounds near 111.90 as Tokyo market opens for Tuesday™s trading session. The quote seesawed at the start while marking initial reaction to the news reports that signal hardships for Iranian crude exports from the US and expected cross-party talks to safeguard her position by the UK PM May. With some of the global markets being absent of Monday, coupled with lack of big releases, traders remained mostly calm except favoring oil on supply crunch expectations and...

Oil Extends Rally; Saudis Seen Keeping Market Tight

Now that the Saudis have President Donald Trump where they want him, they're likely to milk his decision to ban Iranian oil for whatever it's worth before slowly releasing more barrels of their own to the market. New York-traded West Texas Intermediate crude settled up 75 cents, or 1.1%, at $66.30 per barrel. That extended Monday's 3% rally sparked by Trump's decision not to renew sanction waivers for importers of Iranian oil. London-traded Brent settled up higher by 47 cents, or 0.63%, at...

Oil prices slip as U.S. rig count rises again
Monday, 11 February 2019 19:31 WIB | ENERGY |Minyak WTIMinyak jenis Brent

Crude was mixed on Monday, with signs of rising U.S. oil production and a stronger dollar pressuring prices, which saw a hefty drop last week.

Leading the losses, U.S. benchmark March West Texas Intermediate crude oil US:CLG9 fell 42 cents, or 0.2%, to $52.50 a barrel, after tumbling 4.6% last week - the largest loss since the week ended Dec. 21, according to Dow Jones Market Data.

International benchmark April Brent inched up 11 cents to $62.21 a barrel, after dropping 1% last week.

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 7 to 854 last week. The rig count declined by 15 a week earlier, while the total active U.S. rig count edged up by 4 to 1,049.

Source: Marketwatch

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POPULAR NEWS
Gold Prices Settle at a Nearly 4-Month Low as Dollar Perks Up

Gold prices on Tuesday finished lower as one popular measure of the U.S. dollar teetered near a two-year high, producing headwinds for bullion. Gold for June delivery declined $4.40, or 0.3%, to settle at $1,273.20 an ounce, with the commodity suffering from the lowest most-active contract settlement since Dec. 26, according to FactSet data. The moves come as the ICE U.S. Dollar Index a key gauge of the greenback against six major rivals, was up 0.4% at 97.657. A move above 97.71 would mark...

Gold Ends Higher as The U.S. Stock Market Pauses Its Rally

Gold futures ended higher on Wednesday, rebounding from their lowest levels of the year, as a rally in stocks that took two of the three main U.S. equity indexes to records cooled, providing support for the haven metal. However, a perky dollar ” hovering around its highest level in about 22 months ” kept prices for the metal off the session™s high. Gold for June delivery rose $6.20, or 0.5%, to settle at $1,279.40 an ounce. The most-active contract settled at its lowest levels since...

Gold prices retreat to nearly 4-month low as dollar perks up

Gold prices on Tuesday headed lower as one popular measure of the U.S. dollar teetered near a two-year high, producing some headwinds for bullion. Gold for June delivery declined $3.80, or 0.3%, to trade at $1,273.80 an ounce, pushing the commodity back to its lowest level for a most-active contract since Dec. 26, according to FactSet data. The moves comes as the ICE U.S. Dollar Index a key gauge of greenback against six major rivals, was up 0.1% at 97.345. A climb to 97.71, would mark the...

USD/JPY clings to 112.00 as Tokyo opens for an active day

The USD/JPY pair is on the rounds near 111.90 as Tokyo market opens for Tuesday™s trading session. The quote seesawed at the start while marking initial reaction to the news reports that signal hardships for Iranian crude exports from the US and expected cross-party talks to safeguard her position by the UK PM May. With some of the global markets being absent of Monday, coupled with lack of big releases, traders remained mostly calm except favoring oil on supply crunch expectations and...

Oil Extends Rally; Saudis Seen Keeping Market Tight

Now that the Saudis have President Donald Trump where they want him, they're likely to milk his decision to ban Iranian oil for whatever it's worth before slowly releasing more barrels of their own to the market. New York-traded West Texas Intermediate crude settled up 75 cents, or 1.1%, at $66.30 per barrel. That extended Monday's 3% rally sparked by Trump's decision not to renew sanction waivers for importers of Iranian oil. London-traded Brent settled up higher by 47 cents, or 0.63%, at...

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