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POPULAR NEWS
Gold Set for Weekly Gain After Trump-Kim Summit Nixed

Gold heads for weekly advance after President Donald Trump cancels summit with North Korean leader Kim Jong Un, sparking move to haven assets. Bullion for immediate delivery -0.2% to $1,302.25/oz at 9:06am in Singapore, after +0.9% Thurs, biggest daily gain since April 11. Other precious metals, Silver -0.2% to $16.6349/oz; +1.1% this week. Platinum -0.1% to $909.88/oz; +2.5% this week, most since mid-Feb. Palladium -0.1% to $975.68/oz; +0.8% this week. Source :...

Gold Churns but Holds Closely Watched $1,300 Line

Gold prices stabilized Friday above the closely watched $1,300 line, heading for a roughly 1% weekly gain. Investors awaited a round of economic data and remarks by Federal Reserve head Jerome Powell after a largely dovish set of Fed meeting minutes this week had already helped the metal claw up from the worst levels of the year. Activity may be lighter than normal ahead of a three-day weekend, with markets shut on Monday for Memorial Day. June gold was little changed near $1,304.40 an...

Hong Kong Stocks Open With Losses

Hong Kong shares opened lower on Friday morning as investors were spooked by news that Donald Trump had called off a historic summit with North Korean leader Kim Jong Un. The Hang Seng Index eased 0.31 percent, or 96.14 points, lower at 30,664.27. And the benchmark Shanghai Composite Index gave up 0.20 percent, or 6.24 points, to 3,148.41, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.09 percent, or 1.62 points, to 1,825.43. Source : AFP

Gold Set for Weekly Rise After Trump-Kim Summit Nixed

Gold heads for weekly rise after President Donald Trump cancels summit with North Korea™s Kim Jong Un, sparking haven demand. Bullion for immediate delivery -0.1% to $1,302.98/oz at 2:44pm in Singapore, after +0.9% Thurs, biggest daily gain since April 11. Other precious metals, Silver -0.4% to $16.6057/oz; +1% this week. Platinum +0.1% to $911.17/oz; +2.7% this week, most since mid-Feb. Palladium +0.1% to $976.99/oz; +1% this week. Source : Bloomberg

Gold Heads for Best Week in Six on Political Concerns

Gold heads for its biggest weekly increase since mid-April as traders weigh political developments around the world, supporting demand for a haven. Bullion for immediate delivery little changed at $1,305.34/oz in London. Price up almost 1% this week Gold +0.9% Thursday, most since April 11. Bloomberg Dollar Spot Index -0.3% this week, snapping 5-week gain;yield on 10-year Treasuries declines Other precious metals : Silver little changed at $16.6548/oz; +1.3%...

Dollar marks fifth weekly loss in a row
Saturday, 20 January 2018 04:24 WIB | CURRENCIES |DOLLARDolar AS

The U.S. dollar pared earlier losses on Friday, but notched a fifth weekly loss, as investor concerns over a potential government shutdown.

The ICE U.S. Dollar Index which measures the buck against a basket of six rivals, was last at 90.593, up 0.1%, having erased its losses after trading around the lowest level in three years earlier in the session. On the week, the ICE index slipped 0.4%, making it its fifth week of losses in a row.

The broader WSJ Dollar Index was little changed at 84.42, falling 0.4% on the week.

The euro was slipped slightly as the dollar clung on to its small gain, changing hands at $1.2233, compared with $1.2239 late Thursday in New York. The shared currency is on track for a 0.3% weekly gain against the dollar, as analysts are looking ahead to the first meeting of the European Central Bank in 2018 next week.

The British pound slipped back below the $1.39 barrier early in the U.S. trading day, after having climbed to an intraday high of $1.3945. Sterling last bought $1.3871, compared with $1.3895 on Thursday. On the week, the British currency has rallied 1%.

Against the Japanese yen the dollar weakened, buying ¥110.68 compared with ¥111.11 on Thursday. On the week, the dollar-yen pair fell 0.3%.

Source: Marketwatch

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POPULAR NEWS
Gold Set for Weekly Gain After Trump-Kim Summit Nixed

Gold heads for weekly advance after President Donald Trump cancels summit with North Korean leader Kim Jong Un, sparking move to haven assets. Bullion for immediate delivery -0.2% to $1,302.25/oz at 9:06am in Singapore, after +0.9% Thurs, biggest daily gain since April 11. Other precious metals, Silver -0.2% to $16.6349/oz; +1.1% this week. Platinum -0.1% to $909.88/oz; +2.5% this week, most since mid-Feb. Palladium -0.1% to $975.68/oz; +0.8% this week. Source :...

Gold Churns but Holds Closely Watched $1,300 Line

Gold prices stabilized Friday above the closely watched $1,300 line, heading for a roughly 1% weekly gain. Investors awaited a round of economic data and remarks by Federal Reserve head Jerome Powell after a largely dovish set of Fed meeting minutes this week had already helped the metal claw up from the worst levels of the year. Activity may be lighter than normal ahead of a three-day weekend, with markets shut on Monday for Memorial Day. June gold was little changed near $1,304.40 an...

Hong Kong Stocks Open With Losses

Hong Kong shares opened lower on Friday morning as investors were spooked by news that Donald Trump had called off a historic summit with North Korean leader Kim Jong Un. The Hang Seng Index eased 0.31 percent, or 96.14 points, lower at 30,664.27. And the benchmark Shanghai Composite Index gave up 0.20 percent, or 6.24 points, to 3,148.41, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.09 percent, or 1.62 points, to 1,825.43. Source : AFP

Gold Set for Weekly Rise After Trump-Kim Summit Nixed

Gold heads for weekly rise after President Donald Trump cancels summit with North Korea™s Kim Jong Un, sparking haven demand. Bullion for immediate delivery -0.1% to $1,302.98/oz at 2:44pm in Singapore, after +0.9% Thurs, biggest daily gain since April 11. Other precious metals, Silver -0.4% to $16.6057/oz; +1% this week. Platinum +0.1% to $911.17/oz; +2.7% this week, most since mid-Feb. Palladium +0.1% to $976.99/oz; +1% this week. Source : Bloomberg

Gold Heads for Best Week in Six on Political Concerns

Gold heads for its biggest weekly increase since mid-April as traders weigh political developments around the world, supporting demand for a haven. Bullion for immediate delivery little changed at $1,305.34/oz in London. Price up almost 1% this week Gold +0.9% Thursday, most since April 11. Bloomberg Dollar Spot Index -0.3% this week, snapping 5-week gain;yield on 10-year Treasuries declines Other precious metals : Silver little changed at $16.6548/oz; +1.3%...

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