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POPULAR NEWS
Gold Settles Higher After Recent Downdraft, With Inflation Data, Dollar Action in Focus

Gold prices settled higher on Wednesday, marking a modest reversal in selling action that had driven the metal down for seven sessions in the past eight. December gold settled at $1,210.10 an ounce, up $8.70, or 0.7%. Tuesday™s finish at $1,201.40 was the lowest for a most-active contract since Oct. 10, according to FactSet data. December silver tacked on 10.3 cents, or 0.7%, to $14.08 an ounce. Its settlement Tuesday at $13.977 was the lowest for a most-active contract since January...

Gold Steady Before U.S. Inflation Data, Powell Speech

Gold held gains as investors awaited Wednesday™s U.S. inflationreport and a speech by Federal Reserve Chair Jerome Powell that may calm some concerns about the central bank pushing its interest rate-hike cycle too far. U.S. consumer inflation probably rebounded in October after easing in September. Meanwhile, Powell will discuss national and global economic issues in a moderated conversation with Dallas Fed President Robert Kaplan. Bullion for immediate...

Gold Holds Gain After Powell Says U.S. Faces Headwinds

Gold held two days of gains after Federal Reserve Chairman Jerome Powell said the U.S. economy is strong but could face headwinds next year as policy makers weigh how far and fast to raise interest rates. Prices were also supported overnight as the dollar and the British pound weakened amid a prolonged U.K. Cabinet meeting on the Brexit deal and a report that Prime Minister Theresa May could face calls for a no-confidence vote. Bullion for immediate delivery little...

Gold Near Steady Following Tame CPI Data

Gold prices are near unchanged and hovering just above $1,200.00 in early U.S. trading Wednesday. The silver market is slightly down and dipped to a nearly three-year low overnight. Both metals showed minimal price reactions to just-released U.S. inflation data. December gold futures were last up $0.70 an ounce at $1,202.10. December Comex silver was last down $0.017 at $13.96 an ounce. The U.S. economic highlight of the day was the release of the Consumer Price Index for October, which came...

Gold Advances on Brexit Summit, Powell's Speech

Gold climbed as investors weighed the latest Brexit developments and Federal Reserve Chairman Jerome Powell said the U.S. economy is strong, but could face headwinds next year as policy makers weigh how far and fast to raise interest rates. Bullion for immediate delivery strengthened 0.2% to $1,213.66/oz at 8:06am in London; rose 0.7% on Wednesday. Bloomberg Dollar Spot Index -0.1%, after -0.3% day earlier. European Union leaders will meet in Brussels on Nov. 25...

Trump: No More Nuclear Threat from North Korea
Thursday, 14 June 2018 03:48 WIB | GLOBAL |Global

U.S. President Donald Trump declared Wednesday, "There is no longer a Nuclear Threat from North Korea," as he returned home from a summit in Singapore with North Korean leader Kim Jong Un.

"Just landed - a long trip, but everybody can now feel much safer than the day I took office," Trump wrote on Twitter. "Meeting with Kim Jong Un was an interesting and very positive experience. North Korea has great potential for the future!"

Kim agreed Tuesday "to complete denuclearization of the Korean Peninsula" during the summit, while Trump unexpectedly said he was suspending military drills with South Korea. Trump on Wednesday said "We save a fortune by not doing war games, as long as we are negotiating in good faith - which both sides are!"

The document the two leaders signed did not include details of how and when North Korea would denuclearize, nor did it spell out exactly what "security guarantees" the United States would provide to North Korea.

Critics pointed to the lack of specifics in the agreement while questioning whether Trump gave up too much while securing too little in return during his several hours of talks with Kim in what was the first meeting between a sitting U.S. president and a North Korean leader.

Trump has defended the agreement as a major step in dealing with the threat of nuclear-armed North Korea and said he believed Kim's government would start the process of living up to the agreement right away.

Source : Voanews

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POPULAR NEWS
Gold Settles Higher After Recent Downdraft, With Inflation Data, Dollar Action in Focus

Gold prices settled higher on Wednesday, marking a modest reversal in selling action that had driven the metal down for seven sessions in the past eight. December gold settled at $1,210.10 an ounce, up $8.70, or 0.7%. Tuesday™s finish at $1,201.40 was the lowest for a most-active contract since Oct. 10, according to FactSet data. December silver tacked on 10.3 cents, or 0.7%, to $14.08 an ounce. Its settlement Tuesday at $13.977 was the lowest for a most-active contract since January...

Gold Steady Before U.S. Inflation Data, Powell Speech

Gold held gains as investors awaited Wednesday™s U.S. inflationreport and a speech by Federal Reserve Chair Jerome Powell that may calm some concerns about the central bank pushing its interest rate-hike cycle too far. U.S. consumer inflation probably rebounded in October after easing in September. Meanwhile, Powell will discuss national and global economic issues in a moderated conversation with Dallas Fed President Robert Kaplan. Bullion for immediate...

Gold Holds Gain After Powell Says U.S. Faces Headwinds

Gold held two days of gains after Federal Reserve Chairman Jerome Powell said the U.S. economy is strong but could face headwinds next year as policy makers weigh how far and fast to raise interest rates. Prices were also supported overnight as the dollar and the British pound weakened amid a prolonged U.K. Cabinet meeting on the Brexit deal and a report that Prime Minister Theresa May could face calls for a no-confidence vote. Bullion for immediate delivery little...

Gold Near Steady Following Tame CPI Data

Gold prices are near unchanged and hovering just above $1,200.00 in early U.S. trading Wednesday. The silver market is slightly down and dipped to a nearly three-year low overnight. Both metals showed minimal price reactions to just-released U.S. inflation data. December gold futures were last up $0.70 an ounce at $1,202.10. December Comex silver was last down $0.017 at $13.96 an ounce. The U.S. economic highlight of the day was the release of the Consumer Price Index for October, which came...

Gold Advances on Brexit Summit, Powell's Speech

Gold climbed as investors weighed the latest Brexit developments and Federal Reserve Chairman Jerome Powell said the U.S. economy is strong, but could face headwinds next year as policy makers weigh how far and fast to raise interest rates. Bullion for immediate delivery strengthened 0.2% to $1,213.66/oz at 8:06am in London; rose 0.7% on Wednesday. Bloomberg Dollar Spot Index -0.1%, after -0.3% day earlier. European Union leaders will meet in Brussels on Nov. 25...

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