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POPULAR NEWS
Gold falls to three-month low as demand for haven assets wanes

Gold futures settled firmly lower Monday, driving the yellow metal to the weakest level level in about three months. December gold concluded the session off $5.80, or 0.4%, at $1,457.10, marking the lowest finish for the most-active contract since early August, according to Dow Jones Market Data. A recent resurgence in equity markets, notably the Dow Jones Industrial Average and the S&P 500 index have sapped demand for gold and assets perceived as havens, including Treasurys. Indeed,...

Gold prices dip on upbeat appetite for riskier assets

Gold slipped on Tuesday to its lowest in more than three months on increased appetite for riskier assets, while U.S. President Donald Trump failed to provide any information on the trade deal with China in his speech. Spot gold slipped 0.1% to $1,453.70 per ounce, having touched its lowest since Aug. 5 earlier. U.S. gold futures settled down 0.2% at $1,453.70 per ounce. Among other precious metal, palladium gained 0.8% to $1,700.60 per ounce, having touched a one-month low in the previous...

Gold Rebounds Amid Hong Kong Unrest; Palladium Drops

Gold advanced after its biggest weekly drop in three years as investors weigh the latest developments in U.S.-China trade talks and escalating unrest in Hong Kong. Palladium fell to a one-month low. President Donald Trump said Saturday trade talks with China are moving along œvery nicely, and said the leaders in Beijing wanted a deal œmuch more than I do. Citywide protests in Hong Kong that saw a demonstrator shot helped support demand for haven assets after last week™s...

U.S. Oil Prices Sink 0.7% Amid Worries of China Trade Progress

Oil futures settled lower Monday as recent developments in Sino-American trade negotiations reignited some fears about demand for energy assets in the face of a prolonged tariff scuffle. West Texas Intermediate crude for December delivery, the U.S. benchmark, fell 38 cents, or 0.7%, to end at $56.86 a barrel. President Donald Trump on Saturday said negotiations between China and the U.S. toward a partial trade deal, referred to as phase one, were going "very nicely" but he said recent...

U.S. Dollar Falls Amid Trade Uncertainty, Hong Kong Unrest

The U.S. dollar was lower on Monday as investors remained cautious after U.S. President Donald Trump denied he would roll back tariffs on Chinese goods. Hope of a trade deal diminished after Trump said on Friday that he had not agreed to end tariffs on Chinese goods as part of a trade deal, as was claimed by the Chinese Commerce Ministry earlier last week. Talks were moving slower than he would like, and he would only make a deal if it was best for America, Trump added on Saturday. The...

US Moves to Disrupt Iran's Oil Distribution Network
Thursday, 5 September 2019 17:43 WIB | GLOBAL |Global

As the United States took action Wednesday to disrupt an Iranian oil shipping network it accuses of funding terrorism, President Donald Trump expressed optimism about engaging in diplomacy with Tehran.

œThey want to talk. They want to make a deal, Trump told reporters in the Oval Office, when asked about the new sanctions announced by the Treasury Department and whether he is willing to meet with Iranian President Hassan Rouhani, during this month™s United Nations General Assembly session.

The president reiterated that the United States is "not looking for regime change."

"They have tremendous potential and I think they™re going to want to take advantage of that, Trump said Wednesday.

Iran announced late Wednesday a further scaling back of its commitments to the 2015 nuclear deal with world powers.

This involves œthe development of centrifuges. We will take this step on Friday," Rouhani said in a televised speech.

Trump, last year, withdrew the United States from the pact, known as the Joint Comprehensive Plan of Action (JCPOA).

Word of Iran™s further backing away from the JCPOA by comes just after the U.S. Treasury Department™s Office of Foreign Assets Control (OFAC) announced sanctions on 10 individuals, 16 entities and 11 vessels alleged to be directed by and financially supporting the Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) and its terrorist proxy Hezbollah.

Source : VOA

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POPULAR NEWS
Gold falls to three-month low as demand for haven assets wanes

Gold futures settled firmly lower Monday, driving the yellow metal to the weakest level level in about three months. December gold concluded the session off $5.80, or 0.4%, at $1,457.10, marking the lowest finish for the most-active contract since early August, according to Dow Jones Market Data. A recent resurgence in equity markets, notably the Dow Jones Industrial Average and the S&P 500 index have sapped demand for gold and assets perceived as havens, including Treasurys. Indeed,...

Gold prices dip on upbeat appetite for riskier assets

Gold slipped on Tuesday to its lowest in more than three months on increased appetite for riskier assets, while U.S. President Donald Trump failed to provide any information on the trade deal with China in his speech. Spot gold slipped 0.1% to $1,453.70 per ounce, having touched its lowest since Aug. 5 earlier. U.S. gold futures settled down 0.2% at $1,453.70 per ounce. Among other precious metal, palladium gained 0.8% to $1,700.60 per ounce, having touched a one-month low in the previous...

Gold Rebounds Amid Hong Kong Unrest; Palladium Drops

Gold advanced after its biggest weekly drop in three years as investors weigh the latest developments in U.S.-China trade talks and escalating unrest in Hong Kong. Palladium fell to a one-month low. President Donald Trump said Saturday trade talks with China are moving along œvery nicely, and said the leaders in Beijing wanted a deal œmuch more than I do. Citywide protests in Hong Kong that saw a demonstrator shot helped support demand for haven assets after last week™s...

U.S. Oil Prices Sink 0.7% Amid Worries of China Trade Progress

Oil futures settled lower Monday as recent developments in Sino-American trade negotiations reignited some fears about demand for energy assets in the face of a prolonged tariff scuffle. West Texas Intermediate crude for December delivery, the U.S. benchmark, fell 38 cents, or 0.7%, to end at $56.86 a barrel. President Donald Trump on Saturday said negotiations between China and the U.S. toward a partial trade deal, referred to as phase one, were going "very nicely" but he said recent...

U.S. Dollar Falls Amid Trade Uncertainty, Hong Kong Unrest

The U.S. dollar was lower on Monday as investors remained cautious after U.S. President Donald Trump denied he would roll back tariffs on Chinese goods. Hope of a trade deal diminished after Trump said on Friday that he had not agreed to end tariffs on Chinese goods as part of a trade deal, as was claimed by the Chinese Commerce Ministry earlier last week. Talks were moving slower than he would like, and he would only make a deal if it was best for America, Trump added on Saturday. The...

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