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POPULAR NEWS
Gold prices settle at nearly two-week peak

Gold futures edged higher on Monday, settling at their highest in almost two weeks as prices extended recent gains scored on the back of expectations for a U.S. Federal Reserve interest-rate cut at the end of the month. Gold for August delivery on Comex added $1.30, or about 0.1%, to settle at $1,413.50 an ounce. That™s the highest most-active contract settlement since July 3, which saw a finish at $1,420.90”the highest since May 2013, FactSet data show. September silver also rose 12.9...

Gold prices end lower; silver rallies to highest finish since February

Gold ended lower on Tuesday as a rise in U.S. retail sales contributed to a stronger U.S. dollar, pressuring prices for the precious metal. The upbeat retail sales number, however, also lifted prices for silver, brightening the metal™s industrial demand prospects. August gold trading on Comex fell $2.30, or 0.2%, to settle at $1,411.20 an ounce. On Monday, the yellow metal booked its highest most-active contract settlement since July 3, which saw a finish at $1,420.90”the highest since...

Gold steadies on mixed Chinese data, higher equities curb gains

Gold steadied on Monday after data showed Chinese economic growth slowed to its weakest in about 27 years, while gains in equities curbed appetite for bullion as investors latched onto some positive readings from the world's second-biggest economy. China's second-quarter annual GDP growth fell to a 27-year low of 6.2% as expected, but its quarterly growth reading of 1.6% beat forecasts. June reports on industrial production, retail sales and urban investment were above expectations. Spot...

Hong Kong shares end higher on upbeat China data (Review)

Hong Kong shares rose on Monday after China's upbeat retail sales and factory output numbers pointed to some stabilisation in the world's second-largest economy, and as China's second-quarter economic growth met expectations. At the close of trade, the Hang Seng index was up 83.26 points, or 0.29%, at 28,554.88. The Hang Seng China Enterprises index rose 0.47% to 10,838.99. The sub-index of the Hang Seng tracking energy shares rose 0.1%, while the IT sector gained 1.37%, the financial sector...

Gold's uptrend 'remains intact' despite stronger dollar and record-setting stocks

Gold futures rose slightly Tuesday, extending a climb above a two-week peak for bullion as U.S. stocks traded near all-time highs on the session. August gold trading on Comex added $1.80, or about 0.1%, to $1,415.40 an ounce. On Monday, the yellow metal booked its highest most-active contract settlement since July 3, which saw a finish at $1,420.90”the highest since May 2013, FactSet data show. September silver meanwhile, picked up 5 cents, or 0.4%, to $15.42 an ounce. Gains for precious...

Hong Kong Stocks End Firmer on Trump Softer Tones on Trade (Review)
Thursday, 16 May 2019 03:55 WIB | MARKET UPDATE |HONGKONG IndeksHangSengShanghai composite

Hong Kong stocks rebounded to close higher on Wednesday as weak economic data from China reinforced expectations that Beijing will roll out more stimulus, while a slight softening in rhetoric from U.S. President Donald Trump eased trade worries.

The Hang Seng index ended up 0.5% at 28,268.71, while the China Enterprises Index gained 0.4% to 10,804.14 points.

Growth in China™s industrial output slowed more than expected to 5.4% in April from a year earlier, pulling back from a surprising strong 4-1/2-year high of 8.5% in March. Retail sales were also worse than expected, with the headline number rising 7.2%, the slowest pace since May 2003.

Source : Reuters

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POPULAR NEWS
Gold prices settle at nearly two-week peak

Gold futures edged higher on Monday, settling at their highest in almost two weeks as prices extended recent gains scored on the back of expectations for a U.S. Federal Reserve interest-rate cut at the end of the month. Gold for August delivery on Comex added $1.30, or about 0.1%, to settle at $1,413.50 an ounce. That™s the highest most-active contract settlement since July 3, which saw a finish at $1,420.90”the highest since May 2013, FactSet data show. September silver also rose 12.9...

Gold prices end lower; silver rallies to highest finish since February

Gold ended lower on Tuesday as a rise in U.S. retail sales contributed to a stronger U.S. dollar, pressuring prices for the precious metal. The upbeat retail sales number, however, also lifted prices for silver, brightening the metal™s industrial demand prospects. August gold trading on Comex fell $2.30, or 0.2%, to settle at $1,411.20 an ounce. On Monday, the yellow metal booked its highest most-active contract settlement since July 3, which saw a finish at $1,420.90”the highest since...

Gold steadies on mixed Chinese data, higher equities curb gains

Gold steadied on Monday after data showed Chinese economic growth slowed to its weakest in about 27 years, while gains in equities curbed appetite for bullion as investors latched onto some positive readings from the world's second-biggest economy. China's second-quarter annual GDP growth fell to a 27-year low of 6.2% as expected, but its quarterly growth reading of 1.6% beat forecasts. June reports on industrial production, retail sales and urban investment were above expectations. Spot...

Hong Kong shares end higher on upbeat China data (Review)

Hong Kong shares rose on Monday after China's upbeat retail sales and factory output numbers pointed to some stabilisation in the world's second-largest economy, and as China's second-quarter economic growth met expectations. At the close of trade, the Hang Seng index was up 83.26 points, or 0.29%, at 28,554.88. The Hang Seng China Enterprises index rose 0.47% to 10,838.99. The sub-index of the Hang Seng tracking energy shares rose 0.1%, while the IT sector gained 1.37%, the financial sector...

Gold's uptrend 'remains intact' despite stronger dollar and record-setting stocks

Gold futures rose slightly Tuesday, extending a climb above a two-week peak for bullion as U.S. stocks traded near all-time highs on the session. August gold trading on Comex added $1.80, or about 0.1%, to $1,415.40 an ounce. On Monday, the yellow metal booked its highest most-active contract settlement since July 3, which saw a finish at $1,420.90”the highest since May 2013, FactSet data show. September silver meanwhile, picked up 5 cents, or 0.4%, to $15.42 an ounce. Gains for precious...

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