Gold futures gave up earlier gains to finish lower on Thursday, as some upbeat U.S. economic data dulled haven demand for the precious metal.
Prices also declined on the back of further gains in U.S. benchmark stock indexes, which followed the completion Wednesday of the first stage in a trade pact between the U.S. and China and the Senate approval of the U.S.-Mexico-Canada trade agreement on Thursday.
Gold for February delivery on Comex declined by $3.50, or 0.2%, to settle at $1,550.50 an...
Oil futures ended higher on Thursday, with prices bouncing back after settling a day earlier at their lowest level since December.
The U.S. and China made the first phase of their trade deal official on Wednesday and the Senate approved the U.S.-Mexico-Canada Agreement on Thursday, boosting prospects for U.S. energy demand.
February West Texas Intermediate oil tacked on 71 cents, or 1.2%, to settle at $58.52 barrel on the New York Mercantile Exchange.
Hong Kong stocks closed Thursday on a positive note, having fluctuated through the day after China and the United States finally signed their trade deal, with investors poring over the details.
The Hang Seng index added 0.38 percent, or 109.45 points, to close at 28,883.04.
The benchmark Shanghai Composite Index lost 0.52 percent, or 15.96 points, to 3,074.08 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.15 percent, or 2.64 points, to...
Gold prices edged higher on Friday, but was still on track to post its biggest weekly decline in about two months as solid Chinese data and a preliminary U.S.-China trade deal improved risk appetite.
World shares hit record highs after data showed China's economy was stabilizing and the world's second-largest economy ended 2019 on a somewhat firmer note as the trade truce revived business confidence.
Spot gold rose 0.3% to $1,556.56 per ounce, but was heading for a weekly drop of about 0.4%...
Gold prices rose on Friday in Asia amid skepticism about the U.S.-China trade deal.The two countries signed the phase one trade deal on Wednesday, however, there are still doubts whether the U.S. and China can consistently develop the relations.
Gold Futures for February delivery on New York™s COMEX was up 0.19% to $1,553.45by 09:41PM ET (02:41 GMT).¯
The phase one deal has been criticized for its loopholes. The deal says Beijing will increase purchases of the U.S. products and services...