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POPULAR NEWS
Gold falls 1% as risk appetite firms on recovery optimism

Gold fell over 1% on Tuesday as major economies further eased coronavirus-linked restrictions, fuelling hopes for economic recovery and bolstering risk appetite. Spot gold slipped 1.1% to $1,710.95 per ounce, having earlier hit a low since May 13 at $1,708.47. U.S. gold futures settled down 1.7% at $1,705.60. U.S. stocks surged as investors grew optimistic about business restarts and a potential coronavirus vaccine. Elsewhere, palladium dropped 1.3% to $1,966.43 per ounce, platinum fell...

Gold Edges Lower, Losing Shine as Stocks Rally on Easing Lockdowns, Vaccine Hopes

Gold futures lost some ground Tuesday as global equities rallied in response to easing business lockdowns as the pandemic recedes and encouraging reports of progress toward a COVID-19 vaccine, dulling the yellow metal™s haven appeal. Gold for June delivery on Comex fell $10.60, or 0.6%, to $1,724.90 an ounce, while July silver was up 9.7 cents, or 0.5%, at $17.79 an ounce. Gold is trading "in a scenario where investors are looking for fresh stimuli to move markets. The risk on approach...

Gold Steady As Stronger Equities Offset Political Tensions

Gold traded little changed on Tuesday as gains in equities on optimism over a reopening global economy offset support from a softer dollar and lingering tensions over Hong Kong and Venezuela. Spot gold was flat at $1,729.83 per ounce by 1253 GMT. U.S. gold futures were down 0.2% to $1,732.10. Japan™s Nikkei rose 1% to its highest since early March, while MSCI™s broadest index of Asia-Pacific shares outside Japan added 0.1% in early trade. Source : Reuters

Gold eases as equities rally; Hong Kong woes limit losses

Gold edged lower on Tuesday as hopes of economic recovery lifted share markets with many countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion's losses. Spot gold was down 0.3% at $1,724.74 per ounce by 09:06 GMT. U.S. gold futures fell 0.6% to $1,725.10. Elsewhere, palladium dropped 0.9% to $1,973.32 per ounce and platinum fell 0.6% to $833.17, while silver jumped 1% to $17.37. Source : Reuters

Gold Ticks Up On China-U.S. Tensions Over Hong Kong

Gold ticked higher on Tuesday as brewing Sino-U.S. tensions over Hong Kong lifted demand for the safe-haven metal, though easing coronavirus-induced lockdown restrictions supported equities and capped bullion™s gains. Spot gold rose 0.2% to $1,732.38 per ounce by 0241 GMT. U.S. gold futures were down 0.1% to $1,733.50. China™s foreign ministry office in Hong Kong and the city™s security chief defended proposed security laws by describing some acts in mass pro-democracy protests last...

Pence Pushes Erdogan to Halt Attack on Kurdish Fighters
Friday, 18 October 2019 04:56 WIB | GLOBAL |Global

U.S. Vice President Mike Pence on Thursday pushed Turkish President Recep Tayyip Erdogan for a cease-fire to end his military assault against Kurdish fighters in northern Syria, an offensive Erdogan initiated after President Donald Trump withdrew nearly all American troops from the battlefront.

Pence, accompanied by Secretary of State Mike Pompeo and White House National Security Adviser Robert O'Brien, met with the Turkish leader in the capital, Ankara.

The meeting came a day after Trump dismissed the importance of the outcome of the fighting, saying it "has nothing to do with us," even as the House of Representatives overwhelmingly approved a resolution condemning his troop withdrawal. Trump instead disparaged the Kurdish fighters, who had fought alongside U.S. troops against Islamic State terrorists, as "no angels."

Trump, in a letter last week to Erdogan, warned the Turkish leader, "Don't be a tough guy. Don't be a fool!" to carry out the onslaught on the Kurdish fighters, but reports from Turkey said Erdogan threw the short note "in the bin."

Trump said Erdogan risked being branded in history as a "devil" by carrying out the attack on the Kurdish fighters, whom he views as allied with Kurdish separatists that have been battling for autonomy inside Turkey for three decades.

Source : VOA

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POPULAR NEWS
Gold falls 1% as risk appetite firms on recovery optimism

Gold fell over 1% on Tuesday as major economies further eased coronavirus-linked restrictions, fuelling hopes for economic recovery and bolstering risk appetite. Spot gold slipped 1.1% to $1,710.95 per ounce, having earlier hit a low since May 13 at $1,708.47. U.S. gold futures settled down 1.7% at $1,705.60. U.S. stocks surged as investors grew optimistic about business restarts and a potential coronavirus vaccine. Elsewhere, palladium dropped 1.3% to $1,966.43 per ounce, platinum fell...

Gold Edges Lower, Losing Shine as Stocks Rally on Easing Lockdowns, Vaccine Hopes

Gold futures lost some ground Tuesday as global equities rallied in response to easing business lockdowns as the pandemic recedes and encouraging reports of progress toward a COVID-19 vaccine, dulling the yellow metal™s haven appeal. Gold for June delivery on Comex fell $10.60, or 0.6%, to $1,724.90 an ounce, while July silver was up 9.7 cents, or 0.5%, at $17.79 an ounce. Gold is trading "in a scenario where investors are looking for fresh stimuli to move markets. The risk on approach...

Gold Steady As Stronger Equities Offset Political Tensions

Gold traded little changed on Tuesday as gains in equities on optimism over a reopening global economy offset support from a softer dollar and lingering tensions over Hong Kong and Venezuela. Spot gold was flat at $1,729.83 per ounce by 1253 GMT. U.S. gold futures were down 0.2% to $1,732.10. Japan™s Nikkei rose 1% to its highest since early March, while MSCI™s broadest index of Asia-Pacific shares outside Japan added 0.1% in early trade. Source : Reuters

Gold eases as equities rally; Hong Kong woes limit losses

Gold edged lower on Tuesday as hopes of economic recovery lifted share markets with many countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion's losses. Spot gold was down 0.3% at $1,724.74 per ounce by 09:06 GMT. U.S. gold futures fell 0.6% to $1,725.10. Elsewhere, palladium dropped 0.9% to $1,973.32 per ounce and platinum fell 0.6% to $833.17, while silver jumped 1% to $17.37. Source : Reuters

Gold Ticks Up On China-U.S. Tensions Over Hong Kong

Gold ticked higher on Tuesday as brewing Sino-U.S. tensions over Hong Kong lifted demand for the safe-haven metal, though easing coronavirus-induced lockdown restrictions supported equities and capped bullion™s gains. Spot gold rose 0.2% to $1,732.38 per ounce by 0241 GMT. U.S. gold futures were down 0.1% to $1,733.50. China™s foreign ministry office in Hong Kong and the city™s security chief defended proposed security laws by describing some acts in mass pro-democracy protests last...

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