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POPULAR NEWS
Gold Holds Steady As Trump Warns China on Trade Deal

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever. As hedge to the world™s financial and political woes, the yellow metal has been recovering from last week™s battering on suggestions over the past two days that China may not come to the table on a trade deal with the White House, as it tries to wait out Trump™s impeachment inquiry proceedings in the U.S. Congress. Gold futures for December delivery on New...

Gold Prices Settle Slightly Lower, Then Extend Losses After Fed Meeting Minutes

Gold prices gave up the bulk of their losses on Wednesday to finish just a dime lower, finding support after Reuters reported that phase one of a U.S.-China trade deal might not be reached this year. That lifted haven demand for the precious metal. Prices then moved even lower as minutes from the Federal Reserve™s October meeting, released after the gold price settlement, showed that Fed officials were more optimistic about the economic outlook and were against using negative rates in the...

Gold Gains as Souring US-China Relations Dent Risk Appetite

Gold prices rose to their highest in nearly two weeks on Wednesday as U.S. Senate measures on Hong Kong posed a potential roadblock for a trade deal between the United States and China, denting appeal for riskier assets. Spot gold was up 0.3% at $1,476.50 an ounce and U.S. gold futures rose 0.2% to $1,477. The U.S. Senate passed two bills backing human rights in Hong Kong and banning export of certain munitions to the region™s police forces. China condemned the move and called for...

Gold Steady Amid U.S.-China Tension Before Fed Minutes

Gold was steady as investors weighed latest developments on the trade front ahead of the release of minutes from the last Federal Reserve meeting later Wednesday. The U.S. Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations, drawing a rebuke from authorities in Beijing and potentially complicating trade talks between the two countries. China on Wednesday reiterated a threat to...

Oil Futures Mark Lowest Settlement of The Month So Far

Oil futures declined on Tuesday for a second consecutive session, marking the lowest settlement so far this month and sending U.S. prices below their 50-day moving average. Expectations for a fourth consecutive weekly rise in U.S. crude supplies and a report from Reuters that said major oil exporter Russia wasn't likely to advocate for deeper cuts during a key meeting of major oil producers in December pressured prices for oil. West Texas Intermediate crude for December delivery lost $1.84,...

U.S. Oil Extends Last Week's Surge as U.S. Readies Additional Iran Sanctions
Monday, 24 June 2019 18:40 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

U.S. oil prices rose Monday, extending last week™s strong gains that had been prompted by building tensions between Iran and the United States, as Washington was set to announce new economic sanctions on Tehran, according to reports.

U.S. prices tallied a rise of nearly 9% for last week and posted the highest settlement this month, lifted by expectations those continued Middle East tensions that could disrupt oil markets, and with bulls cheered over signs that economy-boosting central bank policy would be delivered.

Early Monday, August West Texas Intermediate crude rose 43 cents, or 0.7%, at $57.86 a barrel on the New York Mercantile Exchange. The contract settled Friday at $57.43. Based on front-month prices, WTI finished at its highest since May 29. It rose 8.8% for last week, the biggest weekly percentage climb since the week ended Dec. 2, 2016, according to Dow Jones Market Data.

Source : Marketwatch

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POPULAR NEWS
Gold Holds Steady As Trump Warns China on Trade Deal

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever. As hedge to the world™s financial and political woes, the yellow metal has been recovering from last week™s battering on suggestions over the past two days that China may not come to the table on a trade deal with the White House, as it tries to wait out Trump™s impeachment inquiry proceedings in the U.S. Congress. Gold futures for December delivery on New...

Gold Prices Settle Slightly Lower, Then Extend Losses After Fed Meeting Minutes

Gold prices gave up the bulk of their losses on Wednesday to finish just a dime lower, finding support after Reuters reported that phase one of a U.S.-China trade deal might not be reached this year. That lifted haven demand for the precious metal. Prices then moved even lower as minutes from the Federal Reserve™s October meeting, released after the gold price settlement, showed that Fed officials were more optimistic about the economic outlook and were against using negative rates in the...

Gold Gains as Souring US-China Relations Dent Risk Appetite

Gold prices rose to their highest in nearly two weeks on Wednesday as U.S. Senate measures on Hong Kong posed a potential roadblock for a trade deal between the United States and China, denting appeal for riskier assets. Spot gold was up 0.3% at $1,476.50 an ounce and U.S. gold futures rose 0.2% to $1,477. The U.S. Senate passed two bills backing human rights in Hong Kong and banning export of certain munitions to the region™s police forces. China condemned the move and called for...

Gold Steady Amid U.S.-China Tension Before Fed Minutes

Gold was steady as investors weighed latest developments on the trade front ahead of the release of minutes from the last Federal Reserve meeting later Wednesday. The U.S. Senate unanimously passed a bill Tuesday aimed at supporting protesters in Hong Kong and warning China against a violent suppression of the demonstrations, drawing a rebuke from authorities in Beijing and potentially complicating trade talks between the two countries. China on Wednesday reiterated a threat to...

Oil Futures Mark Lowest Settlement of The Month So Far

Oil futures declined on Tuesday for a second consecutive session, marking the lowest settlement so far this month and sending U.S. prices below their 50-day moving average. Expectations for a fourth consecutive weekly rise in U.S. crude supplies and a report from Reuters that said major oil exporter Russia wasn't likely to advocate for deeper cuts during a key meeting of major oil producers in December pressured prices for oil. West Texas Intermediate crude for December delivery lost $1.84,...

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