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POPULAR NEWS
Gold ends flat, then moves lower in electronic trade after Fed minutes

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes. After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year. In electronic trading, gold for December delivery was at $1,514.30 an ounce shortly after the meeting minutes. The...

Gold ends higher, recoups some recent losses as bond yields slide

Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day earlier, when a rally in the U.S. stock market prompted some settling in bullion. Gold for December delivery rose $4.10, or 0.3%, to settle at $1,515.70 an ounce, after the commodity gave up $12, or 0.8%, Monday. September silver picked up 20.8 cents, or 1.2%, to $17.148 an ounce, following a 1.1% loss a day earlier. Precious metals gained some altitude...

Gold reclaims $1,500 mark as focus turns to Fed

Gold prices recovered to over $1,500 an ounce on Tuesday, following the previous session's steep fall, as focus turned to U.S. Federal Reserve policy statements and growth concerns. Spot gold was up 0.4% to $1,501.50 per ounce by 09:27 GMT, after falling to a near one-week low of $1,492.10 on Monday. U.S. gold futures gained 0.1% to $1,513.40. Equity markets around the world gained as hopes for stimulus in major economies tempered fears of a global recession. The shift in sentiment for...

Gold Prices Hold Above $1,500 Ahead of Fed Minutes, Powell

Gold prices traded lower on Wednesday as safe-haven demand faltered and investors proved cautious ahead of input from the minutes of the last Federal Reserve meeting to be followed by an appearance from the head of the U.S. central bank chief Jerome Powell on Friday. Spot gold fell $7.21, or 0.5%, to $1,500.20 a troy ounce by 7:41 AM ET (11:41 GMT), while Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, lost $5.55, or 0.4%, to $1,510.15. The Fed...

Gold prices edge higher as bond yields slide

Gold futures edged slightly higher Tuesday, gaining some ground a day after a rally in stocks helped to prompt some selling in bullion. Gold for December delivery rose $1.80, or 0.1%, to $1,513.40 an ounce, after the commodity gave up 0.8%, while September silver picked up 4 cents, or 0.2%, to $16.970 after the white metal shed 1.1% on Monday. Precious metals were gaining some altitude as bond yields edged lower, providing some impetus for metals buying. The 10-year Treasury note yield was...

Iran Shoots Down US Drone
Friday, 21 June 2019 09:35 WIB | GLOBAL |Global

Iran shot down a U.S. drone in an incident Iranian officials said happened over the country's territory but U.S. officials say took place in international airspace. 

U.S. Central Command spokesman Capt. Bill Urban said Thursday an Iranian surface-to-air missile shot down a U.S. Navy maritime surveillance aircraft in international airspace over the strait of Hormuz. 

He called it an "unprovoked attack on a U.S. surveillance asset," and said the unmanned aircraft is used for intelligence, surveillance and reconnaissance missions over ocean and coastal regions. 

In the Iranian account the drone was shot down by the paramilitary Revolutionary Guard in the airspace of the country's southern Hormozgan province, near the Strait of Hormuz. 

The U.S. military said Iran tried to shoot down a U.S. drone last week, and tensions between the two countries have increased with attacks against oil tankers in the region that the U.S. blames on Iran, but which Iran says it did not carry out. 

Relations have deteriorated since U.S. President Donald Trump withdrew last year from the international agreement that limited Iran's nuclear program in exchange for sanctions relief. 

New U.S. sanctions have hurt Iran's economy, and Iran has announced increased production of low-enriched uranium as it seeks help from European nations to circumvent the U.S. measures.

Source : VOA

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POPULAR NEWS
Gold ends flat, then moves lower in electronic trade after Fed minutes

Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes. After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year. In electronic trading, gold for December delivery was at $1,514.30 an ounce shortly after the meeting minutes. The...

Gold ends higher, recoups some recent losses as bond yields slide

Gold futures climbed on Tuesday, with a slide in U.S. Treasury yields helping the haven metal recoup more than a third of what it lost a day earlier, when a rally in the U.S. stock market prompted some settling in bullion. Gold for December delivery rose $4.10, or 0.3%, to settle at $1,515.70 an ounce, after the commodity gave up $12, or 0.8%, Monday. September silver picked up 20.8 cents, or 1.2%, to $17.148 an ounce, following a 1.1% loss a day earlier. Precious metals gained some altitude...

Gold reclaims $1,500 mark as focus turns to Fed

Gold prices recovered to over $1,500 an ounce on Tuesday, following the previous session's steep fall, as focus turned to U.S. Federal Reserve policy statements and growth concerns. Spot gold was up 0.4% to $1,501.50 per ounce by 09:27 GMT, after falling to a near one-week low of $1,492.10 on Monday. U.S. gold futures gained 0.1% to $1,513.40. Equity markets around the world gained as hopes for stimulus in major economies tempered fears of a global recession. The shift in sentiment for...

Gold Prices Hold Above $1,500 Ahead of Fed Minutes, Powell

Gold prices traded lower on Wednesday as safe-haven demand faltered and investors proved cautious ahead of input from the minutes of the last Federal Reserve meeting to be followed by an appearance from the head of the U.S. central bank chief Jerome Powell on Friday. Spot gold fell $7.21, or 0.5%, to $1,500.20 a troy ounce by 7:41 AM ET (11:41 GMT), while Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, lost $5.55, or 0.4%, to $1,510.15. The Fed...

Gold prices edge higher as bond yields slide

Gold futures edged slightly higher Tuesday, gaining some ground a day after a rally in stocks helped to prompt some selling in bullion. Gold for December delivery rose $1.80, or 0.1%, to $1,513.40 an ounce, after the commodity gave up 0.8%, while September silver picked up 4 cents, or 0.2%, to $16.970 after the white metal shed 1.1% on Monday. Precious metals were gaining some altitude as bond yields edged lower, providing some impetus for metals buying. The 10-year Treasury note yield was...

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