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POPULAR NEWS
Gold notches a third straight session gain, its second above $1,400

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year Treasury yield, expectations for lower interest rates among global central banks, as well as geopolitical concerns continued to support haven demand for the precious metal. August gold rose $18.10, or 1.3%, to settle at $1,418.20 on Comex. Prices saw their highest most-active contract finish since August 28, 2013, according to FactSet data. Source :...

You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years. Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold futures last traded at $1,393.70 an ounce, up nearly 4% since the previous Friday. According to it some analysts, gold's major breakout could be just the start of a long-awaited rally as investors...

Gold Prices Up as U.S.-Iran Conflict Fuels Safe-Haven Demand, Trades Above $1,400

Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.5% at $1,406.55per ounce by 12:38 AM ET (04:38 GMT). Prices of the yellow metal gained today as conflict in the Middle East reached new heights. Late last week, Iran shot down an American surveillance drone and accused the U.S. of incursion and spying over...

U.S. oil ends higher, but Brent falls as Trump administration announces additional Iran sanctions

Oil futures split two ways on Monday, with U.S. prices ending higher but global benchmark Brent crude posting a loss as the U.S. announced new sanctions on Iran. President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to pool reports from the White House. In Monday dealings, August West Texas Intermediate crude climbed by 47 cents, or 0.8%, to settle at $57.90 a barrel on the New York Mercantile Exchange. That was the highest...

U.S. Dollar Struggles as Dallas Manufacturing Data Disappoints

The U.S. dollar was near three-month lows on Monday after disappointing regional data and rising tensions between Iran and the U.S. The U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was down 0.1% to 95.59 by 10:45 AM ET (14:45 GMT). The Dallas Fed manufacturing activity index for June came in weaker than expected at -12.1 compared to estimates for -1.0. The data confirm declining activity across other regions in the U.S., as the...

Oil prices rise amid OPEC supply cuts, but trade worries weigh
Monday, 27 May 2019 08:20 WIB | ENERGY |MinyakMinyak WTIMinyak MentahMinyak Brent

Oil prices rose on Monday as ongoing supply cuts led by producer club OPEC kept markets relatively tight, but Brent remained below $70 per barrel on concerns over an ongoing trade war between the United States and China.

Front-month Brent crude futures, the international benchmark for oil prices, were at $69.10 per barrel at 00:21 GMT, up 41 cents, or 0.6 percent, from their last close.

U.S. West Texas Intermediate (WTI) crude futures were up 10 cents, or 0.2 percent, at $58.73 per barrel.

A group of producers led by the Organization of the Petroleum Exporting Countries (OPEC), known as OPEC+, has been withholding supply since the start of the year to tighten the market and prop up prices.

Source : Reuters

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POPULAR NEWS
Gold notches a third straight session gain, its second above $1,400

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year Treasury yield, expectations for lower interest rates among global central banks, as well as geopolitical concerns continued to support haven demand for the precious metal. August gold rose $18.10, or 1.3%, to settle at $1,418.20 on Comex. Prices saw their highest most-active contract finish since August 28, 2013, according to FactSet data. Source :...

You Can't Be Anything But Bullish On Gold After $1,400 Breaks – Analysts

Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years. Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold futures last traded at $1,393.70 an ounce, up nearly 4% since the previous Friday. According to it some analysts, gold's major breakout could be just the start of a long-awaited rally as investors...

Gold Prices Up as U.S.-Iran Conflict Fuels Safe-Haven Demand, Trades Above $1,400

Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.5% at $1,406.55per ounce by 12:38 AM ET (04:38 GMT). Prices of the yellow metal gained today as conflict in the Middle East reached new heights. Late last week, Iran shot down an American surveillance drone and accused the U.S. of incursion and spying over...

U.S. oil ends higher, but Brent falls as Trump administration announces additional Iran sanctions

Oil futures split two ways on Monday, with U.S. prices ending higher but global benchmark Brent crude posting a loss as the U.S. announced new sanctions on Iran. President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to pool reports from the White House. In Monday dealings, August West Texas Intermediate crude climbed by 47 cents, or 0.8%, to settle at $57.90 a barrel on the New York Mercantile Exchange. That was the highest...

U.S. Dollar Struggles as Dallas Manufacturing Data Disappoints

The U.S. dollar was near three-month lows on Monday after disappointing regional data and rising tensions between Iran and the U.S. The U.S. dollar index, which measures the greenback™s strength against a basket of six major currencies, was down 0.1% to 95.59 by 10:45 AM ET (14:45 GMT). The Dallas Fed manufacturing activity index for June came in weaker than expected at -12.1 compared to estimates for -1.0. The data confirm declining activity across other regions in the U.S., as the...

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