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POPULAR NEWS
Gold Heads for Weekly Advance Amid Brexit Uncertainty

Gold headed for the first weekly gain in three as investors sought haven assets amid uncertainty surrounding the political situation in the U.K. and the U.S.-China trade war. Palladium slipped after surging to a record on Thursday. Bullion for immediate delivery strengthened 0.1% to $1,214.43/oz at 7:55am in London; added 0.4% this week. Bloomberg Dollar Spot Index edged 0.1% lower. The yield on 10-year Treasuries at 3.11%. British Prime Minister...

Gold Hits 1-Week High as Dollar Softens; Palladium Near Record

Gold rose to a one-week high on Friday as the dollar softened following recent gains on uncertainty over Britain's exit from the European Union, while palladium held near a record high, putting it close to the price of bullion. The surge in palladium, used as an emissions-reducing auto catalyst for vehicles, reflected speculative buying driven by expectations of increased demand in a tight market, analysts said. Spot gold was up 0.2 percent at $1,215.33 per ounce by 1126 GMT, having touched...

Stocks Turn Lower as Retail Drop Offsets Utilities

U.S. equity indexes fluctuated as a plunge in retail and technology stocks was partly offset by energy and utility gains. Treasuries climbed and the dollar retreated. The S&P 500 Index fell 0.2 percent as of 11:46 a.m. New York time.The S&P 500 Index turned lower as department-store chain Nordstrom Inc. declined on disappointing results, following letdowns from Macy™s Inc. and Dillard™s Inc. At the same time, California utilities PG&E Corp. and Edison International began to...

US stocks set to open lower amid Brexit turmoil

U.S. stock index futures indicated a slightly lower open Friday morning as investors look ahead to fresh economic data and monitor political developments overseas. At around 4:00 a.m. ET, Dow futures were down 37 points, indicating a slightly lower open of 18.27 points. The Nasdaq and S&P futures also pointed to slightly lower opening trades. In the previous session, major stock indexes snapped multi-day losing streaks as J.P. Morgan Chase led banks higher and iPhone maker Apple...

Hong Kong Shares Close Week on Positive Note

Hong Kong stocks finished the week with gains Friday, tracking a positive lead from Wall Street with energy firms supported by an uptick in oil prices. The Hang Seng Index rose 0.31 percent, or 80.19 points, to close at 26,183.53. The benchmark Shanghai Composite Index closed 0.41 percent, or 10.94 points higher at 2,679.11, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.84 percent, or 11.78 points, to finish at 1,410.18. Source : AFP

Gold prices fall for the session, gain less than $1 for the week
Saturday, 15 September 2018 00:59 WIB | PRECIOUS METALS |GOLDEMASEmas berjangka

Gold prices settled lower on Friday as monthly increases in U.S. industrial production and consumer sentiment provided a boost to the dollar.

December gold lost $7.10, or 0.6%, to settle at $1,201.10 an ounce. The session's decline cut the metal's gain down to just 70 cents from the week ago finish.

The U.S. and China trade war will be closely looked at next week, with the Chinese economy seeing some effects from the dispute, said Karnani. Even so, œup to a certain level, slowing Chinese economic growth and slowing global economic growth will be bullish for gold investment demand as people will prefer safe havens. For Asians gold is the safe haven and not the U.S. dollar.

Source: Marketwatch

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POPULAR NEWS
Gold Heads for Weekly Advance Amid Brexit Uncertainty

Gold headed for the first weekly gain in three as investors sought haven assets amid uncertainty surrounding the political situation in the U.K. and the U.S.-China trade war. Palladium slipped after surging to a record on Thursday. Bullion for immediate delivery strengthened 0.1% to $1,214.43/oz at 7:55am in London; added 0.4% this week. Bloomberg Dollar Spot Index edged 0.1% lower. The yield on 10-year Treasuries at 3.11%. British Prime Minister...

Gold Hits 1-Week High as Dollar Softens; Palladium Near Record

Gold rose to a one-week high on Friday as the dollar softened following recent gains on uncertainty over Britain's exit from the European Union, while palladium held near a record high, putting it close to the price of bullion. The surge in palladium, used as an emissions-reducing auto catalyst for vehicles, reflected speculative buying driven by expectations of increased demand in a tight market, analysts said. Spot gold was up 0.2 percent at $1,215.33 per ounce by 1126 GMT, having touched...

Stocks Turn Lower as Retail Drop Offsets Utilities

U.S. equity indexes fluctuated as a plunge in retail and technology stocks was partly offset by energy and utility gains. Treasuries climbed and the dollar retreated. The S&P 500 Index fell 0.2 percent as of 11:46 a.m. New York time.The S&P 500 Index turned lower as department-store chain Nordstrom Inc. declined on disappointing results, following letdowns from Macy™s Inc. and Dillard™s Inc. At the same time, California utilities PG&E Corp. and Edison International began to...

US stocks set to open lower amid Brexit turmoil

U.S. stock index futures indicated a slightly lower open Friday morning as investors look ahead to fresh economic data and monitor political developments overseas. At around 4:00 a.m. ET, Dow futures were down 37 points, indicating a slightly lower open of 18.27 points. The Nasdaq and S&P futures also pointed to slightly lower opening trades. In the previous session, major stock indexes snapped multi-day losing streaks as J.P. Morgan Chase led banks higher and iPhone maker Apple...

Hong Kong Shares Close Week on Positive Note

Hong Kong stocks finished the week with gains Friday, tracking a positive lead from Wall Street with energy firms supported by an uptick in oil prices. The Hang Seng Index rose 0.31 percent, or 80.19 points, to close at 26,183.53. The benchmark Shanghai Composite Index closed 0.41 percent, or 10.94 points higher at 2,679.11, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.84 percent, or 11.78 points, to finish at 1,410.18. Source : AFP

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