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POPULAR NEWS
Gold prices notch gains for the day and week as coronavirus fears intensify

Gold prices finish higher on Friday, ending at the highest settlement in about three weeks as a viral outbreak originating out of China continued to grow. February gold closed $6.50, or 0.4%, higher at $1,571.90 an ounce on Comex. The metal also marked a weekly gain of 0.4%. China has moved to restrict movement of some 46 million people in and out of cities near the center of the outbreak, while also canceling Lunar New Year events as the number of infections continued to rise. The virus...

Gold Edges Lower as Traders Assess China Virus Outbreak

Gold edged lower Friday as traders assessed the severity of a viral outbreak originating out of China a day after the World Health Organization said it was too early to declare a global emergency. Gold for February delivery on Comex fell $5.10, or 0.3%, to $1,560.30 an ounce, while March silver was up 13.1 cents, or 0.7%, at $17.96 an ounce. The yellow metal saw its highest close in more than two weeks on Thursday as the spread of the coronavirus triggered a selloff in global equities and...

Stocks end lower on worries over coronavirus outbreak

Stocks ended lower Friday, giving up early gains after authorities confirmed a second U.S. coronavirus case. The Dow Jones Industrial Average fell around 170 points, or 0.6%, to end near 28,990, according to preliminary figures, while the S&P 500 lost around 30 points, or 0.9%, to finish near 3,295. The Nasdaq Composite closed near 9,315, off around 88 points, or 0.9%. Analysts said stocks were vulnerable to a pullback as concerns rise about the potential effect of the viral outbreak on...

Oil Drops The Most Since May on Fears Coronavirus Will Hit Growth

Oil posted its worst week since May as the coronavirus outbreak continues to pressure prices. A slowdown in China's economy would impact demand because China is the world's largest crude oil importer, after importing a record 10.12 million barrels per day in 2019, according to data from the General Administration of Customs. China is also the second-largest oil consumer, behind the United States. On Friday, U.S. West Texas Intermediate crude futures fell 2.5%, or $1.40, to settle at $54.19....

Dow Seen Opening in Positive Territory as Intel, AmEx Shares Punch Higher in Premarket Action

U.S. stock-index futures were gaining modestly on Friday, with equity benchmarks set to end the week mostly higher, despite anxieties around a fast-moving Asia flu outbreak that has seen death tolls rise in China. The Dow industrials was poised to open Friday trade with positive gains on the back of a surge in shares of Intel Corp., following quarterly results from the blue-chip technology giant late Thursday. Futures on the Dow Jones Industrial Average were last up 69 points, or 0.2%, at...

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 prices notch gains for the day and week as coronavirus fears intensify

Gold prices finish higher on Friday, ending at the highest settlement in about three weeks as a viral outbreak originating out of China continued to grow. February gold closed $6.50, or 0.4%, higher at $1,571.90 an ounce on Comex. The metal also marked a weekly gain of 0.4%. China has moved to restrict movement of some 46 million people in and out of cities near the center of the outbreak, while also canceling Lunar New Year events as the number of infections continued to rise. The virus...

Gold Edges Lower as Traders Assess China Virus Outbreak

Gold edged lower Friday as traders assessed the severity of a viral outbreak originating out of China a day after the World Health Organization said it was too early to declare a global emergency. Gold for February delivery on Comex fell $5.10, or 0.3%, to $1,560.30 an ounce, while March silver was up 13.1 cents, or 0.7%, at $17.96 an ounce. The yellow metal saw its highest close in more than two weeks on Thursday as the spread of the coronavirus triggered a selloff in global equities and...

Stocks end lower on worries over coronavirus outbreak

Stocks ended lower Friday, giving up early gains after authorities confirmed a second U.S. coronavirus case. The Dow Jones Industrial Average fell around 170 points, or 0.6%, to end near 28,990, according to preliminary figures, while the S&P 500 lost around 30 points, or 0.9%, to finish near 3,295. The Nasdaq Composite closed near 9,315, off around 88 points, or 0.9%. Analysts said stocks were vulnerable to a pullback as concerns rise about the potential effect of the viral outbreak on...

Oil Drops The Most Since May on Fears Coronavirus Will Hit Growth

Oil posted its worst week since May as the coronavirus outbreak continues to pressure prices. A slowdown in China's economy would impact demand because China is the world's largest crude oil importer, after importing a record 10.12 million barrels per day in 2019, according to data from the General Administration of Customs. China is also the second-largest oil consumer, behind the United States. On Friday, U.S. West Texas Intermediate crude futures fell 2.5%, or $1.40, to settle at $54.19....

Dow Seen Opening in Positive Territory as Intel, AmEx Shares Punch Higher in Premarket Action

U.S. stock-index futures were gaining modestly on Friday, with equity benchmarks set to end the week mostly higher, despite anxieties around a fast-moving Asia flu outbreak that has seen death tolls rise in China. The Dow industrials was poised to open Friday trade with positive gains on the back of a surge in shares of Intel Corp., following quarterly results from the blue-chip technology giant late Thursday. Futures on the Dow Jones Industrial Average were last up 69 points, or 0.2%, at...

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