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POPULAR NEWS
Gold Settles Higher After Recent Downdraft, With Inflation Data, Dollar Action in Focus

Gold prices settled higher on Wednesday, marking a modest reversal in selling action that had driven the metal down for seven sessions in the past eight. December gold settled at $1,210.10 an ounce, up $8.70, or 0.7%. Tuesday™s finish at $1,201.40 was the lowest for a most-active contract since Oct. 10, according to FactSet data. December silver tacked on 10.3 cents, or 0.7%, to $14.08 an ounce. Its settlement Tuesday at $13.977 was the lowest for a most-active contract since January...

Gold down a fourth session as dollar index sees modest pull back from 17-month high

Gold prices ended lower Tuesday, logging a fourth straight decline and the seventh down session out of the past eight, as a popular gauge of the dollar slipped but remained near its highest level in roughly 17 months. December gold fell $2.10, or 0.2%, to settle at $1,201.40 an ounce. It dipped to a low of $1,196.60, but also crossed briefly into positive territory to touch a high of $1,205.50. It marked its lowest finish for a most-active contract since Oct. 10, according to FactSet...

Gold Steady Before U.S. Inflation Data, Powell Speech

Gold held gains as investors awaited Wednesday™s U.S. inflationreport and a speech by Federal Reserve Chair Jerome Powell that may calm some concerns about the central bank pushing its interest rate-hike cycle too far. U.S. consumer inflation probably rebounded in October after easing in September. Meanwhile, Powell will discuss national and global economic issues in a moderated conversation with Dallas Fed President Robert Kaplan. Bullion for immediate...

HK stocks rise as fresh trade talk possibility eases Wall St worries (Review)

Stocks in Hong Kong rose on Tuesday as Beijing and Washington are said to be preparing for fresh trade talks, helping investors overcome the overnight rout in the U.S. markets The Hang Seng index gained 0.6 percent to 25,792.87 and the Hang Seng China Enterprises index edged up 0.4 percent. The sub indices for the financial sector rose by 0.5 percent and the property sector was 0.6 percent higher. The market was lacklustre in the morning, treading in the negative territory by midday. But as...

Gold Prices Fall Below $1,200 to 1-Month Low

Gold prices fell below the $1,200 psychological support on Tuesday, dropping to a one-month low as dollar strength continued to put downward pressure on the precious metal. At 5:23 AM ET (10:23 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange fell $4.00, or 0.33%, to $1,197.30 a troy ounce, it's lowest level since Oct. 11. Meanwhile, the¯U.S. U.S. dollar index, which tracks the greenback against a basket of six major currencies, gained...

Dollar mixed ahead of Fed's interest rate decision
Wednesday, 13 June 2018 23:55 WIB | CURRENCIES |DOLLAR Yen Euro

The dollar was weaker against the euro but rose against some emerging market currencies and hit a three-week high against the yen on Wednesday as investors braced for what is expected to be the Federal Reserve's second interest rate increase of 2018.

The euro gained ground on the greenback amid expectations that the European Central Bank on Thursday would signal its intention to taper its 2.55 trillion euro (2.3 trillion pounds) bond purchasing program later in 2018.

At 10:17 a.m. (1417 GMT), the dollar was flat at 110.39 yen after earlier hitting a three-week high at 110.71 yen.

The euro was up 0.25 percent at $1.1770 and was 0.36 percent stronger at 129.96 yen.

Source : Reuters

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POPULAR NEWS
Gold Settles Higher After Recent Downdraft, With Inflation Data, Dollar Action in Focus

Gold prices settled higher on Wednesday, marking a modest reversal in selling action that had driven the metal down for seven sessions in the past eight. December gold settled at $1,210.10 an ounce, up $8.70, or 0.7%. Tuesday™s finish at $1,201.40 was the lowest for a most-active contract since Oct. 10, according to FactSet data. December silver tacked on 10.3 cents, or 0.7%, to $14.08 an ounce. Its settlement Tuesday at $13.977 was the lowest for a most-active contract since January...

Gold down a fourth session as dollar index sees modest pull back from 17-month high

Gold prices ended lower Tuesday, logging a fourth straight decline and the seventh down session out of the past eight, as a popular gauge of the dollar slipped but remained near its highest level in roughly 17 months. December gold fell $2.10, or 0.2%, to settle at $1,201.40 an ounce. It dipped to a low of $1,196.60, but also crossed briefly into positive territory to touch a high of $1,205.50. It marked its lowest finish for a most-active contract since Oct. 10, according to FactSet...

Gold Steady Before U.S. Inflation Data, Powell Speech

Gold held gains as investors awaited Wednesday™s U.S. inflationreport and a speech by Federal Reserve Chair Jerome Powell that may calm some concerns about the central bank pushing its interest rate-hike cycle too far. U.S. consumer inflation probably rebounded in October after easing in September. Meanwhile, Powell will discuss national and global economic issues in a moderated conversation with Dallas Fed President Robert Kaplan. Bullion for immediate...

HK stocks rise as fresh trade talk possibility eases Wall St worries (Review)

Stocks in Hong Kong rose on Tuesday as Beijing and Washington are said to be preparing for fresh trade talks, helping investors overcome the overnight rout in the U.S. markets The Hang Seng index gained 0.6 percent to 25,792.87 and the Hang Seng China Enterprises index edged up 0.4 percent. The sub indices for the financial sector rose by 0.5 percent and the property sector was 0.6 percent higher. The market was lacklustre in the morning, treading in the negative territory by midday. But as...

Gold Prices Fall Below $1,200 to 1-Month Low

Gold prices fell below the $1,200 psychological support on Tuesday, dropping to a one-month low as dollar strength continued to put downward pressure on the precious metal. At 5:23 AM ET (10:23 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange fell $4.00, or 0.33%, to $1,197.30 a troy ounce, it's lowest level since Oct. 11. Meanwhile, the¯U.S. U.S. dollar index, which tracks the greenback against a basket of six major currencies, gained...

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