Gold futures on Thursday suffered from their largest single-session decline since August, pulling back after posting gains in each of the last three sessions and settling at a 10-month high a day earlier. "Gold was due for a correction as the current rally was getting very extended," Michael Armbruster, managing partner at Altavest, told MarketWatch.
Prices declined after minutes from the Federal Reserve™s January policy meeting released Wednesday were seen as more hawkish than anticipated....
Gold inched up on Friday as optimism over U.S.-China trade talks pressured the dollar, but signs that the U.S. Federal Reserve could raise interest rates again this year kept prices below a 10-month high hit earlier this week.
Spot gold had risen 0.2 percent to $1,325.52 per ounce as of 0548 GMT. The metal was headed for a second straight weekly rise, up almost 0.4 percent this week.
U.S. gold futures were subdued at $1,328.1 per ounce.
The dollar index against a basket of six major...
Tokyo stocks opened slightly lower on Friday, tracking overnight falls on Wall Street.
The benchmark Nikkei 225 index fell 0.31 percent or 65.96 points to 21,398.27 in early trade while the broader Topix index lost 0.44 percent or 7.09 points at 1,606.41.
Source : AFP
Crude-oil futures finished lower Thursday after a U.S. government report revealed that domestic supplies climbed for a fifth straight week as production jumped to a record level, but overall signs of declines in world-wide output capped price losses for the session.
Oil prices for both benchmarks on Wednesday had marked their highest settlements since November on signs of tighter global crude inventories.
April West Texas Intermediate crude on its first full day as a front-month contract,...
Hong Kong stocks extended gains Thursday as hopes for China-US trade talks were boosted by a report the two sides were working on an outline for a plan to resolve the dispute.
The Hang Seng Index rose 0.41 percent, or 115.87 points, to 28,629.92.
The benchmark Shanghai Composite Index slipped 0.34 percent, or 9.42 points, to 2,751.80, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.27 percent, or 3.89 points, to 1,444.35.