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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...

Trump Recognizes Jerusalem as Israeli Capital
Thursday, 7 December 2017 11:36 WIB | GLOBAL |Global

''Today, we finally acknowledge the obvious: that Jerusalem is Israel's capital. This is nothing more or less than a recognition of reality,'' Trump said in a highly anticipated speech from the White House Diplomatic Room. ''It is also the right thing to do. It's something that has to be done. That is why, consistent with the Jerusalem Embassy Act, I am also directing the State Department to begin preparation to move the American embassy from Tel Aviv to Jerusalem, he said in the internationally televised 11-minute speech.

Trump added, œWe are not taking a position of any final status issues, including the specific boundaries of the Israeli sovereignty in Jerusalem, or the resolution of contested borders. Those questions are up to the parties involved.

The president called on all sides to œmaintain the status quo at Jerusalem™s holy sites, including the Temple Mount, also known as Haram al-Sharif. Above all, our greatest hope is for peace, the universal yearning in every human soul.

Israeli Prime Minister Benjamin Netanyahu called the decision a œhistoric landmark. In a Facebook video, Netanyahu said Israel's "historical and national identity is receiving important expressions every day, but especially today."

But Palestinian President Mahmoud Abbas said Trump™s plan is ˜tantamount to the United States abdicating it™s role as a peace mediator. Hamas chief Ismail Haniyeh said, œOur Palestinian people everywhere will not allow this conspiracy to pass, and their options are open in defending their land and their sacred places.

Source: voanews

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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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