Gold was little changed after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds.
U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side's core concerns in phase one of a deal. That came after President Donald Trump™s administration signaled talks with China over the first phase of a broad agreement are...
Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade.
Overall, the MSCI Asia ex-Japan index traded 0.05% lower.
In Japan, the Nikkei 225 rose fractionally in early trade while the Topix index was largely flat. South Korea™s Kospi slipped 0.13%.
Shares in Australia edged lower in morning trade, with the S&P/ASX 200 down about 0.4% as most of the sectors slipped.
Investors will continue to monitor developments on U.S.-China trade....
Tokyo stocks opened slightly lower on Monday with investors watching the forex market and US-China trade talks.
The benchmark Nikkei 225 index fell 0.04 percent or 8.70 points to 23,294.62, while the broader Topix index lost 0.10 percent or 1.63 points to 1,695.04.
Source : AFP
This week will be an interesting one for gold with Wall Street uniquely split between expectations of higher and neutral gold prices, while Main Street is still very bullish, according to the latest Kitco News gold price survey.
It's been a messy week for gold prices as the metal was unable to break resistance at $1,475 an ounce but managed to remain well supported above $1,450 in light of higher U.S. equities and stronger U.S. dollar.
Overall, prices are down around 0.14% on last week at...
Gold declines after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds.
Spot gold -0.2% to $1,465.50/oz at 7:01am in London; +0.6% last week. Bloomberg Dollar Spot Index flat after -0.2% last week.
U.S. and Chinese negotiators held œconstructive discussions in a call on Saturday to address each side™s core concerns in phase one of a deal....