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POPULAR NEWS
Gold Pulls Back From 2-Week High as $1,300 Mark Proves Elusive

Gold futures pulled back on Thursday from the nearly two-week high they settled at a day earlier, as the psychologically important $1,300 line remained elusive for another session. Gold for February delivery edged down by $1.50, or 0.1%, to settle at $1,292.30 an ounce. It settled Wednesday at an almost two-week high of $1,293.80, on the back of political turmoil in the U.K. and U.S. March silver also fell 10.2 cents, or 0.7%, to $15.536 an ounce on Thursday. Source : Marketwatch

Gold slips from 2-week high as $1,300 proves to be a near-term barrier

Gold futures prices slipped from two-week highs on Thursday, as the psychologically important $1,300 line remained elusive for another session. Moderate stock strength kept the precious metal in check, although a weaker dollar propped up gold. Gold settled Wednesday at its highest in nearly two weeks, at $1,293.80, on the back of political turmoil in the U.K. and U.S. Early Thursday, gold for February delivery was off 10 cents, or less than 0.1%, at $1,293.70 an ounce, while March silver...

Gold Holds Drop as Investors Weigh Trade Developments

Gold held a decline amid optimism for progress in U.S.-China trade talks that boosted equities in Asia Friday and Treasury yields overnight. Palladium traded above $1,400 an ounce. Still, overall sentiment is positive for the precious metal. Gold traders and analysts in a weekly Bloomberg survey remained bullish for a 10th week. Peter Grosskopf, chief executive officer of Sprott Inc., said a shift in Federal Reserve policy will stoke investor interest, with the...

Gold Retreats on Stronger Dollar

Gold retreated from the highest close in almost two weeks as the dollar strengthened and investors weighed renewed Brexit turmoil with the latest developments in the partial shutdown of the U.S. government.  Spot gold edged 0.1 percent down to $1,292.72/oz at 8:08am in London; gained 0.3% on Wednesday to the highest close since Jan. 3. Bloomberg Dollar Spot Index strengthened 0.1 percent after added 0.1% on Wednesday and rose 0.3 percent on Tuesday. British Prime...

Gold Holds Drop as Investors Weigh Trade Developments

Gold held a decline amid optimism for progress in U.S.-China trade talks that boosted U.S. equities and Treasury yields overnight. Palladium traded above $1,400 an ounce. Trump administration officials are considering measures to roll back tariffs on Chinese products in order to calm financial markets, the Wall Street Journal reported. While the Treasury denied that reporting, the story reinforced previous signs the administration is more eager for a deal to help support...

Japanese Shares Fall on Banks Even as Yen Reaches Seven-Year Low
Tuesday, 10 March 2015 14:40 WIB | MARKET UPDATE |SahamIndeksTopix

A tumbling yen didn’t stop Japanese stocks from falling today, with banks dragging the Topix index lower even as the currency touched its weakest level against the dollar since 2007.

Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. were the two biggest drags on the Topix, each sinking at least 1.6 percent. Laox Co. tumbled 18 percent as the duty-free store operator announced plans for a share sale. Fuji Heavy Industries Ltd., a carmaker that gets more than half its sales from North America, rose 2.4 percent as the weaker currency buoyed some of the nation’s exporters.

The Topix slid 0.5 percent to 1,524.75 at the close in Tokyo, erasing a 0.7 percent advance. The Nikkei 225 Stock Average dropped 0.7 percent to 18,665.11. The Topix closed last week at a seven-year high, with the Nikkei 225 at its highest since 2000. The yen slid 0.5 percent to 121.75 per dollar today, dropping for a fourth day, to its lowest since July 2007.

The Federal Reserve reviews U.S. monetary policy next week, with market participants watching to see if policy makers retain their pledge to be “patient” with raising borrowing costs.

Source : Source : Bloomberg

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POPULAR NEWS
Gold Pulls Back From 2-Week High as $1,300 Mark Proves Elusive

Gold futures pulled back on Thursday from the nearly two-week high they settled at a day earlier, as the psychologically important $1,300 line remained elusive for another session. Gold for February delivery edged down by $1.50, or 0.1%, to settle at $1,292.30 an ounce. It settled Wednesday at an almost two-week high of $1,293.80, on the back of political turmoil in the U.K. and U.S. March silver also fell 10.2 cents, or 0.7%, to $15.536 an ounce on Thursday. Source : Marketwatch

Gold slips from 2-week high as $1,300 proves to be a near-term barrier

Gold futures prices slipped from two-week highs on Thursday, as the psychologically important $1,300 line remained elusive for another session. Moderate stock strength kept the precious metal in check, although a weaker dollar propped up gold. Gold settled Wednesday at its highest in nearly two weeks, at $1,293.80, on the back of political turmoil in the U.K. and U.S. Early Thursday, gold for February delivery was off 10 cents, or less than 0.1%, at $1,293.70 an ounce, while March silver...

Gold Holds Drop as Investors Weigh Trade Developments

Gold held a decline amid optimism for progress in U.S.-China trade talks that boosted equities in Asia Friday and Treasury yields overnight. Palladium traded above $1,400 an ounce. Still, overall sentiment is positive for the precious metal. Gold traders and analysts in a weekly Bloomberg survey remained bullish for a 10th week. Peter Grosskopf, chief executive officer of Sprott Inc., said a shift in Federal Reserve policy will stoke investor interest, with the...

Gold Retreats on Stronger Dollar

Gold retreated from the highest close in almost two weeks as the dollar strengthened and investors weighed renewed Brexit turmoil with the latest developments in the partial shutdown of the U.S. government.  Spot gold edged 0.1 percent down to $1,292.72/oz at 8:08am in London; gained 0.3% on Wednesday to the highest close since Jan. 3. Bloomberg Dollar Spot Index strengthened 0.1 percent after added 0.1% on Wednesday and rose 0.3 percent on Tuesday. British Prime...

Gold Holds Drop as Investors Weigh Trade Developments

Gold held a decline amid optimism for progress in U.S.-China trade talks that boosted U.S. equities and Treasury yields overnight. Palladium traded above $1,400 an ounce. Trump administration officials are considering measures to roll back tariffs on Chinese products in order to calm financial markets, the Wall Street Journal reported. While the Treasury denied that reporting, the story reinforced previous signs the administration is more eager for a deal to help support...

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