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POPULAR NEWS
Gold falls 1% as risk appetite firms on recovery optimism

Gold fell over 1% on Tuesday as major economies further eased coronavirus-linked restrictions, fuelling hopes for economic recovery and bolstering risk appetite. Spot gold slipped 1.1% to $1,710.95 per ounce, having earlier hit a low since May 13 at $1,708.47. U.S. gold futures settled down 1.7% at $1,705.60. U.S. stocks surged as investors grew optimistic about business restarts and a potential coronavirus vaccine. Elsewhere, palladium dropped 1.3% to $1,966.43 per ounce, platinum fell...

Gold Edges Lower, Losing Shine as Stocks Rally on Easing Lockdowns, Vaccine Hopes

Gold futures lost some ground Tuesday as global equities rallied in response to easing business lockdowns as the pandemic recedes and encouraging reports of progress toward a COVID-19 vaccine, dulling the yellow metal™s haven appeal. Gold for June delivery on Comex fell $10.60, or 0.6%, to $1,724.90 an ounce, while July silver was up 9.7 cents, or 0.5%, at $17.79 an ounce. Gold is trading "in a scenario where investors are looking for fresh stimuli to move markets. The risk on approach...

Gold Steady As Stronger Equities Offset Political Tensions

Gold traded little changed on Tuesday as gains in equities on optimism over a reopening global economy offset support from a softer dollar and lingering tensions over Hong Kong and Venezuela. Spot gold was flat at $1,729.83 per ounce by 1253 GMT. U.S. gold futures were down 0.2% to $1,732.10. Japan™s Nikkei rose 1% to its highest since early March, while MSCI™s broadest index of Asia-Pacific shares outside Japan added 0.1% in early trade. Source : Reuters

Gold eases as equities rally; Hong Kong woes limit losses

Gold edged lower on Tuesday as hopes of economic recovery lifted share markets with many countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion's losses. Spot gold was down 0.3% at $1,724.74 per ounce by 09:06 GMT. U.S. gold futures fell 0.6% to $1,725.10. Elsewhere, palladium dropped 0.9% to $1,973.32 per ounce and platinum fell 0.6% to $833.17, while silver jumped 1% to $17.37. Source : Reuters

Gold Ticks Up On China-U.S. Tensions Over Hong Kong

Gold ticked higher on Tuesday as brewing Sino-U.S. tensions over Hong Kong lifted demand for the safe-haven metal, though easing coronavirus-induced lockdown restrictions supported equities and capped bullion™s gains. Spot gold rose 0.2% to $1,732.38 per ounce by 0241 GMT. U.S. gold futures were down 0.1% to $1,733.50. China™s foreign ministry office in Hong Kong and the city™s security chief defended proposed security laws by describing some acts in mass pro-democracy protests last...

Asia shares cheered by Sino-.U.S. trade progress
Monday, 14 October 2019 08:00 WIB | MARKET UPDATE |ASX 200indeks Kospi Indeks MSCI Asia PasifikSaham Asian

Asian share markets pushed higher on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetites, while pressuring safe-haven bonds and the yen.

Liquidity was lacking, however, with Japan off and a partial market holiday in the United States for Columbus Day. MSCI™s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.5%.

Australia's main index gained 0.9% and South Korea .KS11 firmed 1.3%.

While Tokyo was on holiday, Nikkei futures were trading at 22,105  compared with a Friday close of 21,798 in the Nikkei index. E-Mini futures for the S&P 500 ESc1 also added another 0.36% after jumping on Friday.

Sentiment had been boosted when U.S. President Donald Trump outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, though officials on both sides said much more work needed to be done.

Source : Reuters

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POPULAR NEWS
Gold falls 1% as risk appetite firms on recovery optimism

Gold fell over 1% on Tuesday as major economies further eased coronavirus-linked restrictions, fuelling hopes for economic recovery and bolstering risk appetite. Spot gold slipped 1.1% to $1,710.95 per ounce, having earlier hit a low since May 13 at $1,708.47. U.S. gold futures settled down 1.7% at $1,705.60. U.S. stocks surged as investors grew optimistic about business restarts and a potential coronavirus vaccine. Elsewhere, palladium dropped 1.3% to $1,966.43 per ounce, platinum fell...

Gold Edges Lower, Losing Shine as Stocks Rally on Easing Lockdowns, Vaccine Hopes

Gold futures lost some ground Tuesday as global equities rallied in response to easing business lockdowns as the pandemic recedes and encouraging reports of progress toward a COVID-19 vaccine, dulling the yellow metal™s haven appeal. Gold for June delivery on Comex fell $10.60, or 0.6%, to $1,724.90 an ounce, while July silver was up 9.7 cents, or 0.5%, at $17.79 an ounce. Gold is trading "in a scenario where investors are looking for fresh stimuli to move markets. The risk on approach...

Gold Steady As Stronger Equities Offset Political Tensions

Gold traded little changed on Tuesday as gains in equities on optimism over a reopening global economy offset support from a softer dollar and lingering tensions over Hong Kong and Venezuela. Spot gold was flat at $1,729.83 per ounce by 1253 GMT. U.S. gold futures were down 0.2% to $1,732.10. Japan™s Nikkei rose 1% to its highest since early March, while MSCI™s broadest index of Asia-Pacific shares outside Japan added 0.1% in early trade. Source : Reuters

Gold eases as equities rally; Hong Kong woes limit losses

Gold edged lower on Tuesday as hopes of economic recovery lifted share markets with many countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion's losses. Spot gold was down 0.3% at $1,724.74 per ounce by 09:06 GMT. U.S. gold futures fell 0.6% to $1,725.10. Elsewhere, palladium dropped 0.9% to $1,973.32 per ounce and platinum fell 0.6% to $833.17, while silver jumped 1% to $17.37. Source : Reuters

Gold Ticks Up On China-U.S. Tensions Over Hong Kong

Gold ticked higher on Tuesday as brewing Sino-U.S. tensions over Hong Kong lifted demand for the safe-haven metal, though easing coronavirus-induced lockdown restrictions supported equities and capped bullion™s gains. Spot gold rose 0.2% to $1,732.38 per ounce by 0241 GMT. U.S. gold futures were down 0.1% to $1,733.50. China™s foreign ministry office in Hong Kong and the city™s security chief defended proposed security laws by describing some acts in mass pro-democracy protests last...

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