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POPULAR NEWS
Gold futures end lower for the session, but tally a 5th straight weekly gain

Gold futures ended lower on Friday, pulling back in the wake of the nearly nine-year high they reached earlier this week. Prices for the week, however, gained roughly 0.7%, as the spread of COVID-19 continued to raise the metal's appeal as a safe-haven investment. August gold fell $1.90, or 0.1%, to settle at $1,801.90 an ounce. Prices on Wednesday had settled at $1,820.60, the highest for a most-active contract since Sept. 14, 2011, according to FactSet data. Source: Marketwatch

Gold's Rally Stretches to 5th Week on Virus Resurgence

Gold held above $1,800 an ounce and headed for a fifth weekly advance as concerns about a resurgence in coronavirus cases bolstered demand for a haven. The U.S. outbreak shows no signs of abating, with new daily cases topping 60,000 for the first time and record deaths in Florida and California. Asian stocks followed their U.S. peers with modest declines in early Friday trading on concerns about the economic fallout of the pandemic. Spot gold little changed at $1,802.91/oz at...

Tokyo Stocks Open Lower

Tokyo stocks opened lower on Friday, with investors disheartened by falls in key US indices as markets weighed the impact from the spike in coronavirus cases in many US states. The benchmark Nikkei 225 index was down 0.07 percent or 15.68 points at 22,513.61 in early trade, while the broader Topix index slipped 0.37 percent or 5.73 points to 1,551.51. Source : AFP

Gold Heads For Weekly Gain As It Holds Above $1,800 An Ounce

Gold futures traded modestly higher Friday, on track for a weekly gain as the yellow metal remained above $1,800 an ounce, buoyed by a fall in bond yields and a desire to hedge against risk amid continued uncertainty over the economic outlook. August gold was up $11.80, or 0.7%, at $1,815.60 an ounce on Comex, while September silver rose 17.3 cents to $19.135 an ounce. Gold futures ended lower on Thursday, pulling back a day after scoring another settlement at the highest since September...

Record Number of U.S. COVID-19 Cases Boost Gold

Gold was up on Friday morning in Asia, with investors turning to the safe-haven after the U.S. saw a record number of daily COVID-19 cases. The U.S. reported over 60,000 cases on Thursday, with Texas, Florida and California among the states with record numbers of new cases. Gold futures were up by 0.15% at $1,806.50 by 12:29 AM ET (5:29 AM GMT), ending the week above the $1,800 mark. Meanwhile, COVID-19 continues its global rampage, with over 12.2 million cases and 550,000 deaths globally...

Hong Kong Stocks Edge Down at Open

Hong Kong shares started Friday on a down note following a broadly upbeat week, with investors awaiting developments in the China-US trade row and the Brexit saga.

The Hang Seng Index fell 0.32 percent, or 86.08 points, to 26,711.87.

The benchmark Shanghai Composite Index inched down 0.45 points to 2,940.47, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, was also flat, ticking 0.49 points higher to 1,616.82.

Source : AFP

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POPULAR NEWS
Gold futures end lower for the session, but tally a 5th straight weekly gain

Gold futures ended lower on Friday, pulling back in the wake of the nearly nine-year high they reached earlier this week. Prices for the week, however, gained roughly 0.7%, as the spread of COVID-19 continued to raise the metal's appeal as a safe-haven investment. August gold fell $1.90, or 0.1%, to settle at $1,801.90 an ounce. Prices on Wednesday had settled at $1,820.60, the highest for a most-active contract since Sept. 14, 2011, according to FactSet data. Source: Marketwatch

Gold's Rally Stretches to 5th Week on Virus Resurgence

Gold held above $1,800 an ounce and headed for a fifth weekly advance as concerns about a resurgence in coronavirus cases bolstered demand for a haven. The U.S. outbreak shows no signs of abating, with new daily cases topping 60,000 for the first time and record deaths in Florida and California. Asian stocks followed their U.S. peers with modest declines in early Friday trading on concerns about the economic fallout of the pandemic. Spot gold little changed at $1,802.91/oz at...

Tokyo Stocks Open Lower

Tokyo stocks opened lower on Friday, with investors disheartened by falls in key US indices as markets weighed the impact from the spike in coronavirus cases in many US states. The benchmark Nikkei 225 index was down 0.07 percent or 15.68 points at 22,513.61 in early trade, while the broader Topix index slipped 0.37 percent or 5.73 points to 1,551.51. Source : AFP

Gold Heads For Weekly Gain As It Holds Above $1,800 An Ounce

Gold futures traded modestly higher Friday, on track for a weekly gain as the yellow metal remained above $1,800 an ounce, buoyed by a fall in bond yields and a desire to hedge against risk amid continued uncertainty over the economic outlook. August gold was up $11.80, or 0.7%, at $1,815.60 an ounce on Comex, while September silver rose 17.3 cents to $19.135 an ounce. Gold futures ended lower on Thursday, pulling back a day after scoring another settlement at the highest since September...

Record Number of U.S. COVID-19 Cases Boost Gold

Gold was up on Friday morning in Asia, with investors turning to the safe-haven after the U.S. saw a record number of daily COVID-19 cases. The U.S. reported over 60,000 cases on Thursday, with Texas, Florida and California among the states with record numbers of new cases. Gold futures were up by 0.15% at $1,806.50 by 12:29 AM ET (5:29 AM GMT), ending the week above the $1,800 mark. Meanwhile, COVID-19 continues its global rampage, with over 12.2 million cases and 550,000 deaths globally...

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