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POPULAR NEWS
Gold Futures Settle Lower for a Second Session

Gold futures fell Monday for a second session, pressured as U.S. benchmark stock indexes climbed and the dollar strengthened. "Gold has been the answer to needed cash for the most part," said George Gero, managing director at RBC Wealth Management, following the record coronavirus-led retreat in the stock market. June gold fell $10.90, or 0.7%, to settle at $1,643.20 an ounce. The contract, which is now the most active, posted a loss of 0.4% on Friday. Source : Marketwatch

Gold Prices Slip After Big Weekly Gains

Gold prices slipped on Monday in Asia after recording their biggest weekly gains since 2008. Gold futures were down by 0.1% at $1,652.50 by 9:34 PM ET (2:34 GMT), after almost reaching the $1,700 mark last week amid fears about the economic impact damage from the pandemic. The Asian stock markets, which usually move in directions opposite to gold, also fell today. The COVID-19 pandemic continues to show no signs of abating as the World Health Organization said that there are now 638,146...

Gold Rose As Virus-Led Growth Fears Spur Safety Buying

Gold prices rose on Monday as investors sought safe havens amid fears over growing economic damage from the coronavirus after governments extended lockdowns to curtail its spread. Spot gold was up 0.3% at $1,621.89 an ounce. U.S. gold futures edged 0.1% higher to $1,625.70. Investors appetite for riskier assets remained weak as fears mounted that the global coronavirus shutdowns could last for months, sending European shares lower for a second straight session and oil prices to their weakest...

Dollar slows slide as investors seek shelter amid pandemic crisis

The dollar slowed its descent after a week of declines and the safe-haven yen edged ahead on Monday, as coronavirus lockdowns tightened across the world and investors braced for a prolonged period of uncertainty. In bumpy trade the dollar ran ahead early before settling back against the pound, euro, kiwi and the Australian dollar. Sterling was last 0.1% softer at $1.2449, the Aussie flat at $0.6158 and the euro (EUR=) stable at $1.1132. The halt in the dollar's slide came with a broader...

Gold Gains as Virus-Led Growth Fears Spur Safety Buying

Gold prices edged higher on Monday as investors sought safe havens, with fears about the economic damage from the coronavirus intensifying after governments extended lockdowns to curtail its spread. Spot gold was up 0.3% at $1,621.60 per ounce by 0941 GMT, while U.S. gold futures gained 0.3% to $1,629.30. Investors™ appetite for riskier assets remained weak as fears mounted that the global coronavirus shutdowns could last for months, sending European shares lower for a second straight...

Coronavirus Death Toll Surpasses 300 in Hard-Hit Chinese Province
Monday, 3 February 2020 10:49 WIB | GLOBAL |Global

Chinese officials in central Hubei province, where the outbreak began, said Saturday at least 304 people have died and more than 14,000 have been infected by the virus.

Sunday the Philippines announced the first death from the virus outside China.

Australia, Japan and Singapore announced strict travel controls Saturday on foreigners, who have been in China recently, over fears of the coronavirus, after the U.S. announced similar restrictions and declared a public health emergency the day before. Israel, Malaysia, Mongolia and the Philippines have announced similar measures.

Taiwan also announced more limited travel restrictions Saturday. The actions were taken as China™s government announced another jump in deaths from the outbreak.

Also Saturday, U.S. Defense Secretary Mark Esper approved a request from the Department of Health and Human Services (HHS) for help in housing 1,000 people who may have been exposed to the coronavirus and need to be quarantined upon arrival in the U.S. from overseas, the department said in a statement Saturday.

"HHS officials requested the Defense Department to provide several facilities capable of housing at least 250 people in individual rooms through Feb. 29, 2020," the statement said. It said the people would need to be held for 14 days, which is the incubation period for the virus.

The statement said the Department of Defense "will only provide housing support, while HHS will be responsible for all care, transportation and security of the evacuees." Four military installations were identified for use ” two in California, and one each in Colorado and Texas ” if they are needed.

Source : VOA

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POPULAR NEWS
Gold Futures Settle Lower for a Second Session

Gold futures fell Monday for a second session, pressured as U.S. benchmark stock indexes climbed and the dollar strengthened. "Gold has been the answer to needed cash for the most part," said George Gero, managing director at RBC Wealth Management, following the record coronavirus-led retreat in the stock market. June gold fell $10.90, or 0.7%, to settle at $1,643.20 an ounce. The contract, which is now the most active, posted a loss of 0.4% on Friday. Source : Marketwatch

Gold Prices Slip After Big Weekly Gains

Gold prices slipped on Monday in Asia after recording their biggest weekly gains since 2008. Gold futures were down by 0.1% at $1,652.50 by 9:34 PM ET (2:34 GMT), after almost reaching the $1,700 mark last week amid fears about the economic impact damage from the pandemic. The Asian stock markets, which usually move in directions opposite to gold, also fell today. The COVID-19 pandemic continues to show no signs of abating as the World Health Organization said that there are now 638,146...

Gold Rose As Virus-Led Growth Fears Spur Safety Buying

Gold prices rose on Monday as investors sought safe havens amid fears over growing economic damage from the coronavirus after governments extended lockdowns to curtail its spread. Spot gold was up 0.3% at $1,621.89 an ounce. U.S. gold futures edged 0.1% higher to $1,625.70. Investors appetite for riskier assets remained weak as fears mounted that the global coronavirus shutdowns could last for months, sending European shares lower for a second straight session and oil prices to their weakest...

Dollar slows slide as investors seek shelter amid pandemic crisis

The dollar slowed its descent after a week of declines and the safe-haven yen edged ahead on Monday, as coronavirus lockdowns tightened across the world and investors braced for a prolonged period of uncertainty. In bumpy trade the dollar ran ahead early before settling back against the pound, euro, kiwi and the Australian dollar. Sterling was last 0.1% softer at $1.2449, the Aussie flat at $0.6158 and the euro (EUR=) stable at $1.1132. The halt in the dollar's slide came with a broader...

Gold Gains as Virus-Led Growth Fears Spur Safety Buying

Gold prices edged higher on Monday as investors sought safe havens, with fears about the economic damage from the coronavirus intensifying after governments extended lockdowns to curtail its spread. Spot gold was up 0.3% at $1,621.60 per ounce by 0941 GMT, while U.S. gold futures gained 0.3% to $1,629.30. Investors™ appetite for riskier assets remained weak as fears mounted that the global coronavirus shutdowns could last for months, sending European shares lower for a second straight...

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