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POPULAR NEWS
Gold prices end lower on growing tensions between the U.S and China over Hong Kong

Gold futures ended lower Wednesday, but of session lows as tensions between the U.S. and China worsened after Secretary of State Mike Pompeo announced that Hong Kong is no longer autonomous from China. The announcement could lead the Trump Administration to revoke special treatment for the Hong Kong economy, which is exempt from tariffs levied on Chinese imports. Jeff Wright, executive vice president of GoldMining Inc., had expected to see a "snap back" in prices with U.S.-China tensions...

Gold prices settle slightly higher Thursday

Gold prices notched a slight gain Thursday as investors focused on intensifying friction between the U.S. and China. Continued concerns about negative interest rates and a jump in flows in exchange-traded funds focused on gold also helped to push bullion higher. August gold ended $1.50, or 0.1%, higher at $1,728.30 an ounce. However, that finish was well off the intraday peak for bullion at $1,743.70 an ounce. Source: Marketwatch

Gold Prices Head Higher as China-U.S. Tensions Spur Haven Buying

Gold futures rose on Thursday as China-U.S. tensions remained in focus, driving haven buying on Wall Street. Elevated animosities between Beijing and Washington over China's human rights policies, including its relationship with Hong Kong and the treatment of a Muslim minority, have underpinned buying in haven assets. China on Thursday hardened its stance, forging ahead with a resolution to impose national-security laws on Hong Kong in a bid to suppress protests there. That action comes...

Gold Gains As Hong Kong Unrest Stirs Risk Aversion

Gold prices rose on Thursday as tensions between the United States and China over a Hong Kong security law escalated, while fresh stimulus measures by several economies to mitigate the coronavirus fallout also lent support. Spot gold was up 0.2% at $1,711.35 per ounce, as of 1250 GMT, after touching a two-week low on Wednesday. U.S. gold  futures fell 0.2% to $1,723.60. U.S. Secretary of State Mike Pompeo said Hong Kong no longer qualifies for its special status under the U.S. law,...

Gold Prices Edge Up As Hong Kong Dispute Riles China-U.S. Ties

Gold edged up on Thursday after hitting a two-week low in the previous session as the rift between Washington and Beijing over Hong Kong escalated, with prices also supported by central bank and government largesse to cushion the blow from the pandemic. Spot gold was up 0.2% at $1,712.39 per ounce, as of 0315 GMT, after dropping to $1,693.22 on Wednesday. U.S. gold futures were flat at $1,711.40. Worsening relations between the world™s two biggest economies could further hobble global...

Tech Shares Lead Wall Street Higher; S&P 500 Nears Record High
Thursday, 19 September 2019 23:29 WIB | MARKET UPDATE |S & P 500Wall StreetSaham AS

A Microsoft-led rally in technology shares pushed U.S. stock indexes higher on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary intervention.

Shares of the software giant rose 2.2% after the company unveiled a $40 billion stock buyback plan, boosting the S&P 500 benchmark index and driving the broader technology sector up 0.8%.

The S&P 500 was about 10 points shy of its record high of 3,027.98, as markets also turned optimistic about low-level trade talks between the United States and China.

On Wednesday, the Fed announced a quarter percentage point cut in interest rates for the second time this year and said future reductions would be œlargely data-dependent. Traders still see a 45% chance for another 25 basis point rate cut in October, according to CME Group™s FedWatch tool.

At 11:40 a.m. ET, the Dow Jones Industrial Average was up 118.31 points, or 0.44%, at 27,265.39, the S&P 500 was up 14.64 points, or 0.49%, at 3,021.37. The Nasdaq Composite was up 55.21 points, or 0.68%, at 8,232.60.

Source : Reuters

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POPULAR NEWS
Gold prices end lower on growing tensions between the U.S and China over Hong Kong

Gold futures ended lower Wednesday, but of session lows as tensions between the U.S. and China worsened after Secretary of State Mike Pompeo announced that Hong Kong is no longer autonomous from China. The announcement could lead the Trump Administration to revoke special treatment for the Hong Kong economy, which is exempt from tariffs levied on Chinese imports. Jeff Wright, executive vice president of GoldMining Inc., had expected to see a "snap back" in prices with U.S.-China tensions...

Gold prices settle slightly higher Thursday

Gold prices notched a slight gain Thursday as investors focused on intensifying friction between the U.S. and China. Continued concerns about negative interest rates and a jump in flows in exchange-traded funds focused on gold also helped to push bullion higher. August gold ended $1.50, or 0.1%, higher at $1,728.30 an ounce. However, that finish was well off the intraday peak for bullion at $1,743.70 an ounce. Source: Marketwatch

Gold Prices Head Higher as China-U.S. Tensions Spur Haven Buying

Gold futures rose on Thursday as China-U.S. tensions remained in focus, driving haven buying on Wall Street. Elevated animosities between Beijing and Washington over China's human rights policies, including its relationship with Hong Kong and the treatment of a Muslim minority, have underpinned buying in haven assets. China on Thursday hardened its stance, forging ahead with a resolution to impose national-security laws on Hong Kong in a bid to suppress protests there. That action comes...

Gold Gains As Hong Kong Unrest Stirs Risk Aversion

Gold prices rose on Thursday as tensions between the United States and China over a Hong Kong security law escalated, while fresh stimulus measures by several economies to mitigate the coronavirus fallout also lent support. Spot gold was up 0.2% at $1,711.35 per ounce, as of 1250 GMT, after touching a two-week low on Wednesday. U.S. gold  futures fell 0.2% to $1,723.60. U.S. Secretary of State Mike Pompeo said Hong Kong no longer qualifies for its special status under the U.S. law,...

Gold Prices Edge Up As Hong Kong Dispute Riles China-U.S. Ties

Gold edged up on Thursday after hitting a two-week low in the previous session as the rift between Washington and Beijing over Hong Kong escalated, with prices also supported by central bank and government largesse to cushion the blow from the pandemic. Spot gold was up 0.2% at $1,712.39 per ounce, as of 0315 GMT, after dropping to $1,693.22 on Wednesday. U.S. gold futures were flat at $1,711.40. Worsening relations between the world™s two biggest economies could further hobble global...

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