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POPULAR NEWS
Gold ends at another multimonth high, but U.S. stock market rally limits the metal's rise

Gold futures edged up Tuesday to mark another finish at their highest since July, but a rally in the U.S. stock market limited the gains for the precious metal. Against a backdrop of relatively stable trading for a leading dollar index, December gold rose 70 cents, or less than 0.1%, to settle at $1,231 an ounce. Prices had pulled back from a high of $1,235.90, but the settlement was still the highest since July 31, according to FactSet data. Meanwhile, December silver futures moved down by...

Gold settles lower, extends losses in electronic trade after FOMC minutes

Gold futures settled lower on Wednesday and extended their decline into electronic trading as a benchmark U.S. dollar index climbed to fresh session highs, shortly after the release of minutes from the Federal Reserve's September monetary policy meeting. In electronic trading Wednesday, December gold was at $1,226.10 an ounce. The contract had lost $3.60, or 0.3%, to settle at $1,227.40 an ounce. The contract finished Tuesday at $1,231, the highest since July 31 for a most-active contract,...

Dollar gains stick as Fed minutes point to further rate hikes

The U.S. dollar held on to gains as minutes of the Federal Reserve's September meeting underlined expectations for the central bank to continue on its path of gradual rate increases. The majority of the Fed's Open Market Committee believe that rates will have to rise until the economy slows down on the back of rising borrowing costs, according to the minutes. Investors have been speculating about when the rising rate cycle would come to an end, with many expecting hikes in 2019 but fewer...

Gold Extends Rally to Fresh Multi-Month Highs as Dollar Softens

Gold futures on Tuesday looked likely to extend a rally that has returned prices to July levels, with a generally upbeat tone in place even with volatile stock markets quieted. Fresh weakness for a leading dollar index helped gold hold higher ground as December gold rose $2.90, or 0.2%, to $1,233 an ounce. A close at this level would mark the highest since July 26, according to FactSet data. Meanwhile, December silver rose 6 cents, or 0.5%, to $14.795 an ounce. Source : Marketwatch

Gold Slips From Multimonth High as Dollar Index Firms

Gold futures pulled back slightly Wednesday from a finish a day earlier at the highest since July, with the precious metal nicked by a firmer dollar but supported by stock-market uneasiness. The typically œhaven gold market so far showed little reaction to news that Russian anti-terrorism experts are investigating a blast at a school cafeteria in Crimea early Wednesday, reported to have killed at least 10 people and injured another 50, the Wall Street Journal reported. Gold has been...

EU Approves Sanctions, Arms Embargo Against Venezuela
Tuesday, 14 November 2017 03:55 WIB | GLOBAL |Uni Eropa

The European Union has approved economic sanctions, including an arms embargo on Venezuela.

EU foreign ministers meeting in Brussels announced the measures on Monday in response to regional elections last month, which they say worsened the country™s crisis.

The weapons ban is intended to prevent the government of President Nicolas Maduro from purchasing military equipment that could be used for repression or surveillance.

The sanctions also include setting up a system for asset freezes and travel restriction on some past and present Venezuelan officials close to Maduro.

Spain has long pushed for sanctions on those close to Maduro, but the EU has been divided over whom to target.

In Monday's statement, ministers said they would focus on security forces, government ministers and institutions accused of human rights violations, and the disrespect of democratic principles or the rule of law.

Last Thursday, the U.S. imposed financial sanctions on 10 current and former Venezuelan officials because of corruption and abuse of power allegations related to Maduro™s crackdown on the opposition.

The EU also stressed that it would not recognize Venezuela's pro-Maduro Constituent Assembly, whose 545 members took office in August and sidelined the opposition-led National Assembly. The EU said its creation has only served to "further erode democratic and independent institutions."

Source: VOA news

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POPULAR NEWS
Gold ends at another multimonth high, but U.S. stock market rally limits the metal's rise

Gold futures edged up Tuesday to mark another finish at their highest since July, but a rally in the U.S. stock market limited the gains for the precious metal. Against a backdrop of relatively stable trading for a leading dollar index, December gold rose 70 cents, or less than 0.1%, to settle at $1,231 an ounce. Prices had pulled back from a high of $1,235.90, but the settlement was still the highest since July 31, according to FactSet data. Meanwhile, December silver futures moved down by...

Gold settles lower, extends losses in electronic trade after FOMC minutes

Gold futures settled lower on Wednesday and extended their decline into electronic trading as a benchmark U.S. dollar index climbed to fresh session highs, shortly after the release of minutes from the Federal Reserve's September monetary policy meeting. In electronic trading Wednesday, December gold was at $1,226.10 an ounce. The contract had lost $3.60, or 0.3%, to settle at $1,227.40 an ounce. The contract finished Tuesday at $1,231, the highest since July 31 for a most-active contract,...

Dollar gains stick as Fed minutes point to further rate hikes

The U.S. dollar held on to gains as minutes of the Federal Reserve's September meeting underlined expectations for the central bank to continue on its path of gradual rate increases. The majority of the Fed's Open Market Committee believe that rates will have to rise until the economy slows down on the back of rising borrowing costs, according to the minutes. Investors have been speculating about when the rising rate cycle would come to an end, with many expecting hikes in 2019 but fewer...

Gold Extends Rally to Fresh Multi-Month Highs as Dollar Softens

Gold futures on Tuesday looked likely to extend a rally that has returned prices to July levels, with a generally upbeat tone in place even with volatile stock markets quieted. Fresh weakness for a leading dollar index helped gold hold higher ground as December gold rose $2.90, or 0.2%, to $1,233 an ounce. A close at this level would mark the highest since July 26, according to FactSet data. Meanwhile, December silver rose 6 cents, or 0.5%, to $14.795 an ounce. Source : Marketwatch

Gold Slips From Multimonth High as Dollar Index Firms

Gold futures pulled back slightly Wednesday from a finish a day earlier at the highest since July, with the precious metal nicked by a firmer dollar but supported by stock-market uneasiness. The typically œhaven gold market so far showed little reaction to news that Russian anti-terrorism experts are investigating a blast at a school cafeteria in Crimea early Wednesday, reported to have killed at least 10 people and injured another 50, the Wall Street Journal reported. Gold has been...

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