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POPULAR NEWS
Gold Snaps 4-Day Rise as Markets Take Breather From Virus

Gold snapped a four-day rally on Tuesday as investors returned to give life to stocks and other risk assets crushed in the aftermath of the coronavirus crisis. But the yellow metal™s retreat was, nevertheless, modest as markets awaited the outcome of the Federal Reserve™s monthly policy meeting and what that could mean for U.S. rates. Gold futures for February delivery on New York™s COMEX settled down $7.60, or 0.5%, at $1,569.80 per ounce. It reached a three-week high of $1,588.10 on...

Gold showcases haven credentials as Equities sink on Virus Fears

Gold is once again showcasing its long-standing reputation as an effective haven in troubled times, trading near the highest close in more than six years amid rising concern over the economic and human impact of China's deadly coronavirus. Prices steadied after surging Monday as investors weighed the fallout from the spread of the disease, with Germany reportedly seeing its first case. The virus has killed at least 80, and infected more than 2,700. China's markets...

Gold Eases Ahead of Fed Meeting; Virus Fears Persist

Gold prices fell on Tuesday as investors booked profits from the recent rally and the dollar firmed, although concerns over a new coronavirus kept safe-haven bullion underpinned. Spot gold fell 0.2% to $1,577.85 per ounce by 0820 GMT, after hitting a near three-week peak on Monday. U.S. gold futures were flat at $1,578.10. Bullion rose for the past four sessions as the spread of the coronavirus rattled financial markets and prompted authorities to impose travel restrictions and extend the...

Gold edges lower as traders assess China virus outbreak

Gold futures edged lower Tuesday, as investor worries over the spread of China™s coronavirus abated somewhat and prices consolidated a day after ending at a more-than-six-year high. Gold for February delivery on Comex fell $4, or 0.3%, to $1,573.40 an ounce, while March silver was off 30.6 cents, or 1.7%, at $17.75 an ounce. Gold on Monday saw the highest close for a most-active contract since April 9, 2013, according to Dow Jones Market Data. In other metals trading, April platinum fell...

Oil Sees First Rebound in a Week, Eyes on Stockpiles Data

Oil prices rose for the first time in a week on Tuesday as investors tried to look beyond the coronavirus and its debilitating impact on markets, though crude™s real test might come from impending weekly stockpiles data. New York-traded West Texas Intermediate, the benchmark for U.S. crude, settled up 34 cents, or 0.6%, at $53.48. It sunk to a near four-month low $52.16 on Monday. Brent, the London-traded global benchmark for crude oil, closed up 19 cents, or 0.3 percent, at $59.51. In the...

Europe markets close lower after Trump comments on China trade deal; FTSE down 1.6%
Wednesday, 4 December 2019 00:16 WIB | MARKET UPDATE |Saham Eropa

European stocks were sharply lower Tuesday after President Donald Trump said that it might be better to wait until after the 2020 election to strike a trade deal with China.

The pan-European Stoxx 600 traded down by nearly  0.63% to 398.48 by the close of trade, as investors digested different developments on the trade front.

Meanwhile, investors are monitoring several high-level meetings as NATO leaders gather in the U.K. to celebrate the 70th anniversary of the organization. Prime Minister Boris Johnson is receiving German Chancellor Angela Merkel, French President Emmanuel Macron and Turkish President Recep Tayyip Erdogan.

Source: CNBC

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POPULAR NEWS
Gold Snaps 4-Day Rise as Markets Take Breather From Virus

Gold snapped a four-day rally on Tuesday as investors returned to give life to stocks and other risk assets crushed in the aftermath of the coronavirus crisis. But the yellow metal™s retreat was, nevertheless, modest as markets awaited the outcome of the Federal Reserve™s monthly policy meeting and what that could mean for U.S. rates. Gold futures for February delivery on New York™s COMEX settled down $7.60, or 0.5%, at $1,569.80 per ounce. It reached a three-week high of $1,588.10 on...

Gold showcases haven credentials as Equities sink on Virus Fears

Gold is once again showcasing its long-standing reputation as an effective haven in troubled times, trading near the highest close in more than six years amid rising concern over the economic and human impact of China's deadly coronavirus. Prices steadied after surging Monday as investors weighed the fallout from the spread of the disease, with Germany reportedly seeing its first case. The virus has killed at least 80, and infected more than 2,700. China's markets...

Gold Eases Ahead of Fed Meeting; Virus Fears Persist

Gold prices fell on Tuesday as investors booked profits from the recent rally and the dollar firmed, although concerns over a new coronavirus kept safe-haven bullion underpinned. Spot gold fell 0.2% to $1,577.85 per ounce by 0820 GMT, after hitting a near three-week peak on Monday. U.S. gold futures were flat at $1,578.10. Bullion rose for the past four sessions as the spread of the coronavirus rattled financial markets and prompted authorities to impose travel restrictions and extend the...

Gold edges lower as traders assess China virus outbreak

Gold futures edged lower Tuesday, as investor worries over the spread of China™s coronavirus abated somewhat and prices consolidated a day after ending at a more-than-six-year high. Gold for February delivery on Comex fell $4, or 0.3%, to $1,573.40 an ounce, while March silver was off 30.6 cents, or 1.7%, at $17.75 an ounce. Gold on Monday saw the highest close for a most-active contract since April 9, 2013, according to Dow Jones Market Data. In other metals trading, April platinum fell...

Oil Sees First Rebound in a Week, Eyes on Stockpiles Data

Oil prices rose for the first time in a week on Tuesday as investors tried to look beyond the coronavirus and its debilitating impact on markets, though crude™s real test might come from impending weekly stockpiles data. New York-traded West Texas Intermediate, the benchmark for U.S. crude, settled up 34 cents, or 0.6%, at $53.48. It sunk to a near four-month low $52.16 on Monday. Brent, the London-traded global benchmark for crude oil, closed up 19 cents, or 0.3 percent, at $59.51. In the...

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