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POPULAR NEWS
Gold Down 4th Straight Session as Traders Cast a Wary Eye on Economic Data Amid Coronavirus Spread

Gold futures on Wednesday started the month with a loss, stretching their decline to a fourth straight session, as traders cast a wary eye on the latest U.S. economic data amid the spread of the COVID-19 pandemic, which has helped to partly support gold buying or at least limited downside for the precious metal. Equity markets are "down on dire modeling predictions from U.S. officials Monday on the number of potential deaths in the nation from the coronavirus pandemic, said Jeff Wright,...

Gold Futures End Higher as Weekly Jobless Claims Climb to Record

Gold futures ended higher on Thursday, with the haven metal getting a boost on the heels of a climb in U.S. weekly jobless claims to a record 6.6 million. The move for gold followed four consecutive sessions of losses for the metal. June gold rose $46.30, or 2.9%, to settle at $1,637.70 an ounce. That was the biggest one-day percentage gain since March 24, according to FactSet data. Source : Marketwatch

Gold Attempts To Bounce Higher To Start April, Second Quarter Amid Coronavirus Spread

Gold futures were attempting to regain some traction higher on Wednesday to start the new month and quarter, amid expectations of increasingly poor economic data due to the COVID-19 pandemic which has helped to partly support gold buying or at least limited downside for the precious metal. Earlier Wednesday, a report on private-sector employment from Automatic Data Processing Inc. ADP, -0.82% helped give gold prices a modest push higher. The report found that 27,000 jobs were lost in the...

Gold Holds Biggest Drop in 2 Weeks on China Economy

Gold held the biggest decline in more than two weeks amid signs China™s economy may be improving, although the coronavirus pandemic remains a threat to global growth. Spot gold +0.2% to $1,580.84/oz at 9:16am in Singapore. Price -2.8% Tuesday, the biggest drop since March 13, paring the quarterly gain to 4%. Bloomberg Dollar Spot Index steady Other precious metals: Silver +0.3% to $14.0110/oz after -22% in the first quarter, Platinum steady at $723.25/oz; -25%...

Gold Rises 1.4% on Flight to Safety Driven by Pandemic Fears

Gold rose more than 1% on Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. Spot gold was up 1.4% at $1,592.83 per ounce by 0730 GMT, having slumped 3.1% in the previous session on a strong dollar. U.S. gold futures gained 0.5% at $1,604.50. Gold is considered an attractive investment during times of political or economic uncertainty. It is highly sensitive to  interest...

Trump: 'We're Pretty Close' to Afghan Peace Deal
Wednesday, 26 February 2020 11:54 WIB | GLOBAL |Global

U.S. President Donald Trump says his administration is moving closer to a peace deal with the Taliban in Afghanistan, saying a week-long nationwide œreduction in violence truce with the insurgent group is holding up œso far, so good.

Trump spoke to reporters in India at the conclusion of his two-day trip Tuesday, saying his Afghan peace initiative has received widespread backing and œeverybody is happy about it, including New Delhi.

œWe™re pretty close. We will see what™s going on. We have got two days now under our belt without violence, or I guess a minimum of violence, and we™ll see what happens, Trump said of the temporary truce and upcoming possible peace agreement with the Taliban.

The mutually agreed seven-day reduced fighting deal went into effect last Saturday, with U.S.-backed Afghan forces and insurgents committing to not launching offensive operations. 

The truce is to culminate on Feb. 29 with the signing of a U.S.-Taliban agreement in the Gulf state of Qatar. If inked, the agreement would end America™s longest war, now in its 19th year, and would lead to a phased withdrawal of roughly 13,000 American troops from the country.

Source: VOA news

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POPULAR NEWS
Gold Down 4th Straight Session as Traders Cast a Wary Eye on Economic Data Amid Coronavirus Spread

Gold futures on Wednesday started the month with a loss, stretching their decline to a fourth straight session, as traders cast a wary eye on the latest U.S. economic data amid the spread of the COVID-19 pandemic, which has helped to partly support gold buying or at least limited downside for the precious metal. Equity markets are "down on dire modeling predictions from U.S. officials Monday on the number of potential deaths in the nation from the coronavirus pandemic, said Jeff Wright,...

Gold Futures End Higher as Weekly Jobless Claims Climb to Record

Gold futures ended higher on Thursday, with the haven metal getting a boost on the heels of a climb in U.S. weekly jobless claims to a record 6.6 million. The move for gold followed four consecutive sessions of losses for the metal. June gold rose $46.30, or 2.9%, to settle at $1,637.70 an ounce. That was the biggest one-day percentage gain since March 24, according to FactSet data. Source : Marketwatch

Gold Attempts To Bounce Higher To Start April, Second Quarter Amid Coronavirus Spread

Gold futures were attempting to regain some traction higher on Wednesday to start the new month and quarter, amid expectations of increasingly poor economic data due to the COVID-19 pandemic which has helped to partly support gold buying or at least limited downside for the precious metal. Earlier Wednesday, a report on private-sector employment from Automatic Data Processing Inc. ADP, -0.82% helped give gold prices a modest push higher. The report found that 27,000 jobs were lost in the...

Gold Holds Biggest Drop in 2 Weeks on China Economy

Gold held the biggest decline in more than two weeks amid signs China™s economy may be improving, although the coronavirus pandemic remains a threat to global growth. Spot gold +0.2% to $1,580.84/oz at 9:16am in Singapore. Price -2.8% Tuesday, the biggest drop since March 13, paring the quarterly gain to 4%. Bloomberg Dollar Spot Index steady Other precious metals: Silver +0.3% to $14.0110/oz after -22% in the first quarter, Platinum steady at $723.25/oz; -25%...

Gold Rises 1.4% on Flight to Safety Driven by Pandemic Fears

Gold rose more than 1% on Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. Spot gold was up 1.4% at $1,592.83 per ounce by 0730 GMT, having slumped 3.1% in the previous session on a strong dollar. U.S. gold futures gained 0.5% at $1,604.50. Gold is considered an attractive investment during times of political or economic uncertainty. It is highly sensitive to  interest...

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