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POPULAR NEWS
Gold futures edge down for the session, climb for the week

Gold futures edged lower Friday, pulling back from the one-week high they settled at a day earlier. Prices for the haven metal, however, ended the week higher against backdrop of worries surrounding the U.S.-China trade standoff and political uncertainty in the U.K. Prime Minister Theresa May announced her decision Friday to step down. June gold fell $1.80, or 0.1%, to settle at $1,283.60 an ounce on Comex. For the week, prices gained 0.6%, according to FactSet data. Source : MarketWatch

Gold Holds Advance as Trade War Spurs Growth Concerns

Gold held much of Thursday™s gain, heading for a weekly advance, as escalating trade tensions between the U.S. and China damped the outlook for growth. Spot gold -0.1% at $1,281.60/oz in London; after +0.8% Thursday. Price +0.3% this week. Bloomberg Dollar Spot Index flat. Global stocks retreated for a third week and yields on 10-year Treasuries are near the lowest since 2017, helping to support the precious metal. Still, bullion has been pressured by a stronger...

Gold Holds Advance as Trade War Spurs Growth Concerns

Gold headed for a weekly gain as escalating trade tensions between the U.S. and China damped the outlook for growth, with yields on 10-year Treasuries steadying after slumping to the lowest since 2017. Spot gold steady at $1,283.26/oz at 8:55am in Singapore; after +0.8% Thursday. Price +0.5% this week. Bloomberg Dollar Spot Index +0.1%. Yield on 10-year Treasuries at 2.33% after -6 bps Thursday Other precious metals: Spot silver little changed; +1.4% this week to...

Gold on Track For Weekly Win After Reasserting Haven Role

Gold futures edged lower Friday but were on track for a weekly win after seeing renewed haven demand as trade-war worries rose. Gold for June delivery on Comex fell $2.40, or 0.2%, to $1,283 an ounce, while July silver was off 6.8 cents, or 0.5%, at $14.545 an ounce. Gold is on track for a 0.6% weekly rise, after a Thursday rally, while July silver is up 1.2% for the week. Both metals are nursing month-to-date declines, however, with gold off 0.2% and silver down 2.9%. Source : Market Watch

Dollar steady after coming off two-year high, pressured by lower U.S. yields

The dollar held steady on Friday, having come off two-year highs on lower U.S. yields in the previous session amid fears that a trade war with China will hurt the U.S. economy more than previously thought. The greenback was not helped by rising expectations for an interest rate cut by the U.S. Federal Reserve later this year to help boost the world™s biggest economy. Against a basket of key rival currencies, the dollar was largely unchanged at 97.906, having fallen from a two-year high of...

North Korea Tests New 'Tactical Guided Weapon'
Thursday, 18 April 2019 12:55 WIB | GLOBAL |Global

SEOUL, SOUTH KOREA -- North Korea has tested a new œtactical guided weapon, the latest display of Pyongyang™s military capabilities, state media reported Thursday.

Kim Jong Un supervised and guided the Wednesday test, calling it an operation of œvery weighty significance, the official Korean Central News Agency said.

The KCNA report did not elaborate on the type of weapon tested, but the phrase œtactical suggests it is not a ballistic missile.

Still, the test could be seen as a warning to the United States, amid an impasse in talks over North Korea™s nuclear program.

œKim is trying to make a statement to the Trump administration that his military potential is growing by the day, and that his regime is becoming frustrated with Washington™s lack of flexibility in recent negotiations, says Harry Kazianis, director of Korean Studies at the Center for the National Interest.

A U.S. military official said late Wednesday the Pentagon is aware of the reported test, but has no further comment.

North Korea has not carried out a nuclear or long-range missile test for well over a year, since Kim began talks with the United States and South Korea.

Instead, the North has carried out smaller provocations. In November, Kim oversaw the test of what KCNA also referred to as a newly developed œhigh-tech tactical weapon. U.S. officials later played down the significance of that test.

Source: VOA news

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POPULAR NEWS
Gold futures edge down for the session, climb for the week

Gold futures edged lower Friday, pulling back from the one-week high they settled at a day earlier. Prices for the haven metal, however, ended the week higher against backdrop of worries surrounding the U.S.-China trade standoff and political uncertainty in the U.K. Prime Minister Theresa May announced her decision Friday to step down. June gold fell $1.80, or 0.1%, to settle at $1,283.60 an ounce on Comex. For the week, prices gained 0.6%, according to FactSet data. Source : MarketWatch

Gold Holds Advance as Trade War Spurs Growth Concerns

Gold held much of Thursday™s gain, heading for a weekly advance, as escalating trade tensions between the U.S. and China damped the outlook for growth. Spot gold -0.1% at $1,281.60/oz in London; after +0.8% Thursday. Price +0.3% this week. Bloomberg Dollar Spot Index flat. Global stocks retreated for a third week and yields on 10-year Treasuries are near the lowest since 2017, helping to support the precious metal. Still, bullion has been pressured by a stronger...

Gold Holds Advance as Trade War Spurs Growth Concerns

Gold headed for a weekly gain as escalating trade tensions between the U.S. and China damped the outlook for growth, with yields on 10-year Treasuries steadying after slumping to the lowest since 2017. Spot gold steady at $1,283.26/oz at 8:55am in Singapore; after +0.8% Thursday. Price +0.5% this week. Bloomberg Dollar Spot Index +0.1%. Yield on 10-year Treasuries at 2.33% after -6 bps Thursday Other precious metals: Spot silver little changed; +1.4% this week to...

Gold on Track For Weekly Win After Reasserting Haven Role

Gold futures edged lower Friday but were on track for a weekly win after seeing renewed haven demand as trade-war worries rose. Gold for June delivery on Comex fell $2.40, or 0.2%, to $1,283 an ounce, while July silver was off 6.8 cents, or 0.5%, at $14.545 an ounce. Gold is on track for a 0.6% weekly rise, after a Thursday rally, while July silver is up 1.2% for the week. Both metals are nursing month-to-date declines, however, with gold off 0.2% and silver down 2.9%. Source : Market Watch

Dollar steady after coming off two-year high, pressured by lower U.S. yields

The dollar held steady on Friday, having come off two-year highs on lower U.S. yields in the previous session amid fears that a trade war with China will hurt the U.S. economy more than previously thought. The greenback was not helped by rising expectations for an interest rate cut by the U.S. Federal Reserve later this year to help boost the world™s biggest economy. Against a basket of key rival currencies, the dollar was largely unchanged at 97.906, having fallen from a two-year high of...

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