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POPULAR NEWS
Gold, Silver Prices Score First Gain in 5 Sessions

Gold and silver prices posted their first gain in five sessions on Wednesday, with uncertainty over the outlook for a U.S.-China trade deal and the first day of public impeachment proceedings against President Donald Trump helping to support haven demand for the precious metal. Investors also eyed developments in the House impeachment hearings. Hatzigiannis, however, said he does not expect the impeachment process to affect gold trading. "If it goes through the Senate then we can start taking...

Gold Tallies Back-To-Back Gains as Treasury Yields Retreat

Gold futures settled higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on government debt raised the precious metal™s investment appeal. Gold concluded Thursday "on a positive note amid market caution and general risk aversion," said Lukman Otunuga, senior research analyst at FXTM. œTensions in Hong Kong, fading optimism over a US-China trade deal, and disappointing economic data from the second-largest economy in the...

Gold Climbs as Trade Uncertainty Weighs on Risk Appetite

Gold prices gained on Wednesday on lack of clarity on the U.S.-China trade negotiations, keeping markets wary about the tariff war™s toll on the health of the global economy. Spot gold rose 0.5% to $1,464.80 per ounce. U.S. gold futures inched 0.8% higher to $1,465.60. U.S. President Donald Trump said a trade deal was œclose but gave no new details on when or where an agreement would be signed, disappointing investors in what was billed as a major speech on his administration™s...

Gold Claws Back Ground as Treasury Yields Retreat

Gold futures were modestly higher Thursday, finding support as yields on government debt continue to fall, lowering the opportunity cost of holding the metal. Gold for December delivery on Comex, rose $7.20, or 0.5%, to $1,470.50 an ounce, a day after snapping a four-day losing streak and rebounding from a more-than-two-month low. December silver rose 6.7 cents, or 0.4%, to $16.98 an ounce. Analysts said appetite for traditional haven assets amid renewed uncertainty over the outlook for a...

Gold Pares Weekly Gain After Kudlow's Comments on Deal

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China. Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week. Bloomberg Dollar Spot Index -0.1%. Other precious metals: Spot silver -0.2% to $16.9965/oz. Palladium +0.1% to $1,741.21/oz. Platinum +0.2% to $882.52/oz. Source: Bloomberg

Euro steadies as surveys hint at economic recovery
Tuesday, 26 March 2019 18:58 WIB | CURRENCIES |Currency Euro

The euro steadied on Tuesday after economic surveys showed tentative signs of a recovery in the euro zone economy but warning signs from bond markets continued to unnerve investors.

The euro held around $1.13 and analysts said a stronger-than-forecast German business confidence survey on Monday was buoying the single currency.

But German 10-year bund yields remained below zero and that worried global stock markets despite some steadying on Tuesday.

The euro has remained in a fairly narrow range of $1.12-$1.16 in 2019 despite a marked slowdown in the euro zone economy that has prompted fresh stimulus from the European Central Bank.

Source : Reuters

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POPULAR NEWS
Gold, Silver Prices Score First Gain in 5 Sessions

Gold and silver prices posted their first gain in five sessions on Wednesday, with uncertainty over the outlook for a U.S.-China trade deal and the first day of public impeachment proceedings against President Donald Trump helping to support haven demand for the precious metal. Investors also eyed developments in the House impeachment hearings. Hatzigiannis, however, said he does not expect the impeachment process to affect gold trading. "If it goes through the Senate then we can start taking...

Gold Tallies Back-To-Back Gains as Treasury Yields Retreat

Gold futures settled higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on government debt raised the precious metal™s investment appeal. Gold concluded Thursday "on a positive note amid market caution and general risk aversion," said Lukman Otunuga, senior research analyst at FXTM. œTensions in Hong Kong, fading optimism over a US-China trade deal, and disappointing economic data from the second-largest economy in the...

Gold Climbs as Trade Uncertainty Weighs on Risk Appetite

Gold prices gained on Wednesday on lack of clarity on the U.S.-China trade negotiations, keeping markets wary about the tariff war™s toll on the health of the global economy. Spot gold rose 0.5% to $1,464.80 per ounce. U.S. gold futures inched 0.8% higher to $1,465.60. U.S. President Donald Trump said a trade deal was œclose but gave no new details on when or where an agreement would be signed, disappointing investors in what was billed as a major speech on his administration™s...

Gold Claws Back Ground as Treasury Yields Retreat

Gold futures were modestly higher Thursday, finding support as yields on government debt continue to fall, lowering the opportunity cost of holding the metal. Gold for December delivery on Comex, rose $7.20, or 0.5%, to $1,470.50 an ounce, a day after snapping a four-day losing streak and rebounding from a more-than-two-month low. December silver rose 6.7 cents, or 0.4%, to $16.98 an ounce. Analysts said appetite for traditional haven assets amid renewed uncertainty over the outlook for a...

Gold Pares Weekly Gain After Kudlow's Comments on Deal

Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China. Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week. Bloomberg Dollar Spot Index -0.1%. Other precious metals: Spot silver -0.2% to $16.9965/oz. Palladium +0.1% to $1,741.21/oz. Platinum +0.2% to $882.52/oz. Source: Bloomberg

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