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POPULAR NEWS
Gold books back-to-back loss to finish around 2018's lows

Gold prices on Monday fell for a second straight session, failing at an earlier attempt to rebound to book another finish at their lowest in roughly a year. Prices for the metal declined as U.S. economic data did little to unseat expectations for higher interest rates over coming months”an outlook that has driven the greenback higher this year and helped to sink dollar-denominated gold. August gold fell by $1.50, or 0.1%, to settle at $1,239.70 an ounce. Prices based on the most-active...

Wall. St. Sees More Weakness In Gold Price; Main St. Leans Bullish

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 Before Powell Speaks; ETF Holdings Sag

Gold holds two-day drop before Federal Reserve Chairman Jerome Powell's testimony, which may give insight into pace of tightening, trade tensions. Investors exit exchange-traded funds for fifth day. Bullion for immediate delivery weakened 0.1% to $1,239.17/oz at 9:17am in Singapore, after losing 0.5% in previous 2 days: Bloomberg generic pricing. Price set for lowest close since July 2017. Bloomberg Dollar Spot Index steady after slipped 0.2% Monday. Fed™s Powell...

Gold prices down a third straight session to lowest finish in a year

Gold futures fell a third session in a row on Tuesday to mark another finish at their lowest level in a year. Strength in the U.S. dollar following testimony from U.S. Federal Reserve Chairman Jerome Powell that backed continued hikes in interest rates kept pressure on gold. August gold fell $12.40, or 1%, to settle at $1,227.30 an ounce, the lowest for a most-active contract since July 13, 2017, according to FactSet data. Source : Marketwatch

Gold Holds Drop Amid Trade Tension; Powell Speech Eyed

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...

Catalan referendum: Catalonia has 'won right to statehood'
Monday, 2 October 2017 15:27 WIB | GLOBAL |Global

Catalan leader Carles Puigdemont says the Spanish region has won the right to statehood following a contentious referendum that was marred by violence.

He said the door had been opened to a unilateral declaration of independence.

Catalan officials later said 90% of those who voted backed independence in Sunday's vote. The turnout was 42.3%.

Spain's constitutional court had banned the vote and hundreds of people were injured as police used force to try to block voting.

Officers seized ballot papers and boxes at polling stations.

Spanish Prime Minister Mariano Rajoy said Catalans had been fooled into taking part in an illegal vote.

More than 2.2 million people were reported to have voted, according to Catalan authorities, out of 5.3 million registered voters. A Catalan spokesman said more than 750,000 votes could not be counted because polling stations were closed and urns were confiscated.

"With this day of hope and suffering, the citizens of Catalonia have won the right to an independent state in the form of a republic," Mr Puigdemont said in a televised address.

"My government in the next few days will send the results of today's vote to the Catalan parliament, where the sovereignty of our people lies, so that it can act in accordance with the law of the referendum."

The Spanish prime minister spoke of a "mockery" of democracy.

"At this hour I can tell you in the strongest terms what you already know and what we have seen throughout this day. There has not been a referendum on self-determination in Catalonia," Mr Rajoy said.

Large crowds of independence supporters gathered in the centre of the regional capital Barcelona on Sunday evening, waving flags and singing the Catalan anthem. Anti-independence protesters have also held rallies in Barcelona and other Spanish cities.

In another development, more than 40 trade unions and Catalan associations called a region-wide strike on Tuesday due to "the grave violation of rights and freedoms".

How bad was the violence?

TV images showed Spanish police kicking would-be voters and pulling women out of polling stations by their hair.

Catalan medical officials said 844 people had been hurt in clashes, including 33 police. The majority had minor injuries or had suffered from anxiety attacks.

In Girona, riot police smashed their way into a polling station where Mr Puigdemont was due to vote, and forcibly removed those inside. He voted at another station.

The BBC's Tom Burridge in Barcelona witnessed police being chased away from one polling booth after they had raided it.

TV footage showed riot police using batons to beat a group of firefighters who were protecting crowds in Girona.

The national police and Guardia Civil - a military force charged with police duties - were sent into Catalonia in large numbers to prevent the vote.

The Catalan police - the Mossos d'Esquadra - have been placed under Madrid's control, however witnesses said they showed little inclination to use force on protesters.

Barcelona Mayor Ada Colau condemned police actions against the region's "defenceless" population, but Spain's Deputy Prime Minister Soraya Saenz de Santamaria said police had "acted with professionalism and in a proportionate way".

How much voting took place?

Catalan authorities said 319 of about 2,300 polling stations across the region had been closed by police while the Spanish government said 92 stations had been sealed off.

Since Friday, thousands of people have occupied schools and other buildings designated as polling stations in order to keep them open.

Many of those inside were parents and their children, who remained in the buildings after the end of lessons on Friday and bedded down in sleeping bags on gym mats.

The anti-independence Societat Civil said there were voting irregularities, including the same people voting twice.

Catalonia, a wealthy region of 7.5 million people in north-eastern Spain, has its own language and culture.

It also has a high degree of autonomy, but is not recognised as a separate nation under the Spanish constitution.

 

Source: BBC

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POPULAR NEWS
Gold books back-to-back loss to finish around 2018's lows

Gold prices on Monday fell for a second straight session, failing at an earlier attempt to rebound to book another finish at their lowest in roughly a year. Prices for the metal declined as U.S. economic data did little to unseat expectations for higher interest rates over coming months”an outlook that has driven the greenback higher this year and helped to sink dollar-denominated gold. August gold fell by $1.50, or 0.1%, to settle at $1,239.70 an ounce. Prices based on the most-active...

Wall. St. Sees More Weakness In Gold Price; Main St. Leans Bullish

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 Before Powell Speaks; ETF Holdings Sag

Gold holds two-day drop before Federal Reserve Chairman Jerome Powell's testimony, which may give insight into pace of tightening, trade tensions. Investors exit exchange-traded funds for fifth day. Bullion for immediate delivery weakened 0.1% to $1,239.17/oz at 9:17am in Singapore, after losing 0.5% in previous 2 days: Bloomberg generic pricing. Price set for lowest close since July 2017. Bloomberg Dollar Spot Index steady after slipped 0.2% Monday. Fed™s Powell...

Gold prices down a third straight session to lowest finish in a year

Gold futures fell a third session in a row on Tuesday to mark another finish at their lowest level in a year. Strength in the U.S. dollar following testimony from U.S. Federal Reserve Chairman Jerome Powell that backed continued hikes in interest rates kept pressure on gold. August gold fell $12.40, or 1%, to settle at $1,227.30 an ounce, the lowest for a most-active contract since July 13, 2017, according to FactSet data. Source : Marketwatch

Gold Holds Drop Amid Trade Tension; Powell Speech Eyed

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...

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