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POPULAR NEWS
Gold Futures End With a Loss on Stronger Dollar

Gold futures ended with a loss on Monday, with strength in the dollar putting pressure on the dollar-denominated precious metal. The greenback found support as the British pound touched a 20-month low after a highly anticipated vote on U.K.'s exit from the European Union was postponed. February gold fell $3.20, or 0.3%, to settle at $1,249.40 an ounce. Prices had finished Friday at their highest since July. Source : Marketwatch

Gold Prices Decline With Dollar Up a Second Straight Session

Gold prices gave up an earlier climb to finish a bit lower on Tuesday, weighed down by a second straight session of gains for the U.S. dollar. Expectations for a slowdown in the pace of future rate increases by the U.S. Federal Reserve, however, helped cap losses for the metal. Gold for February delivery on Comex fell by $2.20, or 0.2%, to settle at $1,247.20 an ounce, down from an earlier high above $1,255. March silver rose 2.3 cents, or 0.2%, to $14.628 an ounce, recouping some of its...

Wall St., Main St. Expect Gold To Keep Shining

Wall Street and Main Street both look for gold to build on last week's move higher during the this week, based on the Kitco News gold survey. Observers suggested Friday's softer-than-forecast report on U.S. nonfarm payrolls will continue to offer support to the precious metal. The Labor Department reported that 155,000 new nonfarm jobs were created last month, when expectations had been for around 190,000 to 200,000. Still, the jobless rate remained at a 49-year low of 3.7%. Fourteen market...

Gold hovers near 5-month high

Gold futures were little changed Monday, trading near a five-month high after posting a strong rally last week when stock-market turmoil fueled haven-related buying. Gold for February delivery on Comex was flat at $1,252.60 an ounce, while March silver SIH9, -0.69%  fell 0.4% to $14.634 an ounce. In other metals trade, January platinum was off 0.2% at $788.70 an ounce, while March palladium rose 0.3% to $1,174.20 an ounce. March copper declined 2.2 cents, or 0.8%, to $2.7375 a...

Gold at Five-Month High on Haven Bid as Stocks Decline

Gold traded at the highest level in five months amid a retreatin Asian equities and U.S. stock futures on the potential escalation of tensions between Washington and Beijing. Haven assets are rising after China's vice foreign minister summoned the U.S. ambassador Terry Branstad in protest over the arrest of Huawei Technologies Co.'s chief financial officer, and amid concerns over China's slowing economy. Traders are also assessing if the Federal Reserve will pursue a...

Putin Threatens to Build Nuclear Missiles if US Does the Same
Thursday, 6 December 2018 01:11 WIB | GLOBAL |Global

Russian President Vladimir Putin said Wednesday his country would start developing intermediate-range nuclear missiles if the United States leaves a key arms agreement and begins developing the weapons as well.

Putin told Russian news agencies that a U.S. withdrawal from the treaty would mean Washington has concluded it "has to have these weapons" and that Moscow "will do the same."

U.S. Secretary of State Mike Pompeo told NATO ministers in Brussels Tuesday it will begin the six-month process of withdrawing from the Intermediate-Range Nuclear Forces Treaty in 60 days if Moscow does not regain compliance with the treaty.

Pompeo accused Russia of deploying "multiple battalions of the SSC-8 missiles," a land-based, intermediate-range Cruise missile capable of carrying nuclear warheads. Moscow has denied deploying such weapon systems.

œIt makes no sense for the United States to remain in a treaty that constrains our ability to respond to Russia™s violations. Russia has reversed the trajectory of diminishing nuclear risk in Europe, Pompeo told reporters in Brussels.

The 1987 INF treaty, negotiated by then-U.S. President Ronald Reagan and Soviet leader Mikhail Gorbachev, eliminated all nuclear missiles with a range between 500 and 5,500 kilometers, reducing the ability to launch a nuclear strike at short notice.

Source : VOA

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POPULAR NEWS
Gold Futures End With a Loss on Stronger Dollar

Gold futures ended with a loss on Monday, with strength in the dollar putting pressure on the dollar-denominated precious metal. The greenback found support as the British pound touched a 20-month low after a highly anticipated vote on U.K.'s exit from the European Union was postponed. February gold fell $3.20, or 0.3%, to settle at $1,249.40 an ounce. Prices had finished Friday at their highest since July. Source : Marketwatch

Gold Prices Decline With Dollar Up a Second Straight Session

Gold prices gave up an earlier climb to finish a bit lower on Tuesday, weighed down by a second straight session of gains for the U.S. dollar. Expectations for a slowdown in the pace of future rate increases by the U.S. Federal Reserve, however, helped cap losses for the metal. Gold for February delivery on Comex fell by $2.20, or 0.2%, to settle at $1,247.20 an ounce, down from an earlier high above $1,255. March silver rose 2.3 cents, or 0.2%, to $14.628 an ounce, recouping some of its...

Wall St., Main St. Expect Gold To Keep Shining

Wall Street and Main Street both look for gold to build on last week's move higher during the this week, based on the Kitco News gold survey. Observers suggested Friday's softer-than-forecast report on U.S. nonfarm payrolls will continue to offer support to the precious metal. The Labor Department reported that 155,000 new nonfarm jobs were created last month, when expectations had been for around 190,000 to 200,000. Still, the jobless rate remained at a 49-year low of 3.7%. Fourteen market...

Gold hovers near 5-month high

Gold futures were little changed Monday, trading near a five-month high after posting a strong rally last week when stock-market turmoil fueled haven-related buying. Gold for February delivery on Comex was flat at $1,252.60 an ounce, while March silver SIH9, -0.69%  fell 0.4% to $14.634 an ounce. In other metals trade, January platinum was off 0.2% at $788.70 an ounce, while March palladium rose 0.3% to $1,174.20 an ounce. March copper declined 2.2 cents, or 0.8%, to $2.7375 a...

Gold at Five-Month High on Haven Bid as Stocks Decline

Gold traded at the highest level in five months amid a retreatin Asian equities and U.S. stock futures on the potential escalation of tensions between Washington and Beijing. Haven assets are rising after China's vice foreign minister summoned the U.S. ambassador Terry Branstad in protest over the arrest of Huawei Technologies Co.'s chief financial officer, and amid concerns over China's slowing economy. Traders are also assessing if the Federal Reserve will pursue a...

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