Wall Street looks for the recent slide in gold prices to continue, while the largest block of Main Street voters is bullish, according to the Kitco News weekly survey.
Nineteen market professionals took part in the survey. There were 12 votes, or 63%, calling for gold prices to fall. There were four votes, or 21%, calling for gold to rise, while three voters, or 16%, look for a sideways market.
Meanwhile, 642 voters responded in an online Main Street survey. A total of 280 respondents, or...
Gold holds drop amid ongoing trade tensions and as investors await Federal Reserve Chairman Jerome Powell's speech later this week for further clues on the central bank's monetary policy path.
Bullion for immediate delivery little changed at $1,243.55/oz at 9:27am in Singapore, after lost 0.3% Friday, according to Bloomberg generic pricing. This metal lost 0.9% last week. Bloomberg Dollar Spot Index flat after added 0.6% last week.
œWhile the USD strength is...
Chinese stocks remained lower after data showed 2Q GDP grew 6.7%, in line with expectations, while Xiaomi dropped after being excluded from a list of stocks eligible for trading via connects with mainland China.
Shanghai Composite Index down 0.6% as of 10:19am local time.
CSI 300 Index also 0.6% lower, ChiNext retreats 0.5%.
Hang Seng Index falls 0.3%, erasing 0.6% gain; Hang Seng China Enterprises Index -0.9%.
Xiaomi, which made its debut in Hong Kong last week, slides as much...
Hong Kong stocks ended the morning session slightly lower after data showed China's economic growth slowed marginally in the second quarter, just as the country faces the prospect of a damaging trade war with the US.
The Hang Seng Index dipped 0.17 percent, or 47.71 points, to 28,477.73.
Oil prices fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while traders eyed potential supply increases by Russia and other oil producers.
Brent crude futures were down 26 cents, or 0.4 percent, at $75.07 a barrel at 00:57 GMT.
U.S. West Texas Intermediate (WTI) crude was down 27 cents, or 0.4 percent, at $70.74 a barrel.
Supply outages in Libya and strike action in Norway and Iraq pushed oil prices higher late last week, although...