Gold futures notched a fifth session gain and another four-month high on Wednesday, with the dollar-denominated yellow metal getting a boost as the U.S. dollar failed to see much of a bounce back from recent lows.
Prices for the yellow metal eased back a bit from the settlement shortly after the release of the Federal Reserve™s Beige Book.
February gold rose $2.10, or nearly 0.2%, to settle at $1,339.20 an ounce”the highest since Sept. 8. Gold last week tallied a fifth week of...
Gold futures pulled back on Wednesday from their highest finish in four months, as a bruised U.S. dollar index stabilized.
February gold fell $1.40, or 0.1%, at $1,335.60 an ounce. Tuesday™s settlement at $1,337.10 was the highest since early in September. Gold last week tallied a fifth week of consecutive gains, the longest such stretch since April. Month to date, the metal has climbed roughly 2%.
The exchange-traded SPDR Gold Shares and the VanEck Vectors Gold Miners ETF both slipped in...
Gold drops for third day as U.S. equities continue to shine amid optimism for global growth, while the threat of U.S. government shutdown abates, removing some risk from markets.
Bullion for immediate delivery -0.1% to $1,324.97/oz by 9:48am in Singapore, according to Bloomberg generic pricing. Metal -1% in last two days after touching four-month high on Monday.
In other precious metals, Silver -0.1% to $16.9815/oz.
Source : Bloomberg
Oil prices pared their earlier declines Thursday after the U.S. Energy Information Administration reported that domestic crude supplies dropped 6.9 million barrels for the week ended Jan. 12.
Analysts surveyed by S&P Global Platts had forecast a fall of 425,000 barrels, while the American Petroleum Institute on Wednesday reported a drop of 5.1 million barrels. Gasoline stockpiles climbed by 3.6 million barrels for the week, while distillate stockpiles declined by 3.9 million barrels,...
Japan™s Nikkei share average dropped on Wednesday morning as mining, oil and shipping stocks lost ground, while Bitcoin-related stocks tumbled after the cryptocurrency™s value slid on worries about tighter regulations.
The Nikkei dropped 0.5 percent to 23,823.95 in midmorning trade. The broader Topix dropped 0.2 percent to 1,890.88.
The mining, oil and shipping sectors underperformed, losing their recent strength by falling 2.2 percent, 1.9 percent and 1.4 percent, respectively.