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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 prices end higher, shaking off pressure from a stronger dollar

Gold prices, meanwhile, ended higher, shaking off pressure from a stronger dollar to hold on to a week-to-date gain as U.S. and European equities declined. On Thursday, December gold added $4.90, or 0.4%, to settle at $1,215 an ounce, now up over $13 since Tuesday™s finish at $1,201.40 marked the lowest for a most-active contract in over a month, according to FactSet data. December silver tacked on 18.3 cents, or 1.3%, to $14.263 an ounce, while December copper  rose nearly 1.4% to...

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...

May Names New Foreign Secretary Amid Brexit Disagreements
Tuesday, 10 July 2018 20:32 WIB | GLOBAL |Global

British Prime Minister Theresa May appointed longtime supporter Jeremy Hunt as foreign minister after Boris Johnson resigned from the post Monday amid disagreement in the Cabinet over the nation's pending exit from the European Union.

Hunt, the former health minister, had originally been against Brexit, but said he had become a supporter, calling as arrogant the EU's behavior during negotiations. Johnson was a staunch Brexit supporter.

Johnson complained in his resignation letter May's plans to maintain close trade ties with the EU amounts to a "semi-Brexit," with Britain heading toward the "status of colony."

The "Brexit dream is dying, suffocated by needless self-doubt," he wrote.

"We do not agree about the best way of delivering our shared commitment to honoring the result of the referendum," May said, addressing parliament shortly after the announcement, referring to the June 2016 referendum in which British citizens voted to leave the EU.

"But I want to recognize the former secretary of state for exiting the European Union. For the work he did to establish a new department and steer through parliament some of the most important legislation for generations," she also said.

Johnson's departure comes a day after Britain's Brexit minister, David Davis, stepped down from his post. May has since appointed Dominic Raab to replace Davis.

Davis called May's approach to the nation's exit from the EU "a dangerous strategy."

Source : VOA

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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 prices end higher, shaking off pressure from a stronger dollar

Gold prices, meanwhile, ended higher, shaking off pressure from a stronger dollar to hold on to a week-to-date gain as U.S. and European equities declined. On Thursday, December gold added $4.90, or 0.4%, to settle at $1,215 an ounce, now up over $13 since Tuesday™s finish at $1,201.40 marked the lowest for a most-active contract in over a month, according to FactSet data. December silver tacked on 18.3 cents, or 1.3%, to $14.263 an ounce, while December copper  rose nearly 1.4% to...

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...

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