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POPULAR NEWS
Gold Jumps on Reports of Sino-U.S. Trade-Talk Progress, Set For Slight Weekly Gain

Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...

Gold Holds February Range Awaiting Fresh Catalysts

Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...

Gold Futures Climb For The Session to Post a Gain For The Week

Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch

Wall Street Rallies on Trade Hopes

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. The Dow Jones Industrial Average rose 444.04 points, or 1.75 percent, to 25,883.43, the S&P 500 gained 29.86 points, or 1.09 percent, to 2,775.59 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. Source : Reuters

U.S. Stock Futures Lower as Investors Fret Over Economy, Politics

U.S. stock futures fell Friday, pointing to a softer start for Wall Street as investors braced for economic data and fresh political tensions amid a report President Donald Trump may declare a national emergency to get funding for a border wall. As well, U.S.-China trade talks were wrapping up with the picture unclear over how much progress had been made. Dow Jones Industrial Average futures fell 122 points, or 0.5%, to 25,305, while S&P 500 futures  were down 11.9 points, or 0.4%...

Gold Prices Settle at a More Than 2-Month High as Investors Take Refuge From a Stock Market Slump
Friday, 12 October 2018 01:08 WIB | PRECIOUS METALS |GOLDEMAS

Gold prices rallied Thursday to settle at their highest level since early August, as investors took refuge in the precious metal from a slump in U.S. and global stock markets. "Gold and silver, the traditional havens in times of volatility, are again displaying their lack of correlation and frequent inverse correlation with risk assets," said Mark O'Byrne, research director at GoldCore.

"The precious metals' hedging benefits to investors' portfolios are being seen as they again benefit from a safe haven bid exactly when investors need it," he said. December gold rose $34.20, or 2.9%, to settle at $1,227.60 an ounce. That was the highest finish since Aug. 1 for a most-active contract, according to FactSet data.

Source : Marketwatch

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POPULAR NEWS
Gold Jumps on Reports of Sino-U.S. Trade-Talk Progress, Set For Slight Weekly Gain

Gold futures on Friday climbed firmly, as progress in trade talks in the final day of this week™s round of U.S.-China trade negotiations were seen as bullish for the yellow metal, overshadowing a firmer dollar and a pick up in global equity markets. April gold gained $7.80, or 0.6%, to reach $1,321.70 an ounce, after edging less than 0.1% lower in the session before. Friday™s early gains erased a loss for the 5-day stretch, putting bullion on track to log a 0.2% weekly return, based on...

Gold Holds February Range Awaiting Fresh Catalysts

Gold edged higher to head for a weekly gain, but remains within its narrow range so far this month as investors await fresh developments in U.S.-China trade talks. Spot gold +0.3% at $1,317.03/oz at 10:37am in London. +0.2% this week, the smallest weekly change since November. Metal has traded between $1,302.48/oz and $1,323.56 this month. Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a...

Gold Futures Climb For The Session to Post a Gain For The Week

Gold futures finished at a two-week high on Friday to post a modest gain for the week as progress in trade talks between the U.S. and China was seen as bullish for the metal. China is one of the world's biggest buyers of gold. April gold settled at $1,322.10 an ounce, up $8.20, or 0.6% for the session. For the week, prices based on the most-active contract rose 0.3%. Source : Marketwatch

Wall Street Rallies on Trade Hopes

Wall Street rallied on Friday, with the Dow and the Nasdaq posting their eighth consecutive weekly gains as investors grew hopeful that the United States and China would hammer out an agreement resolving their protracted trade war. The Dow Jones Industrial Average rose 444.04 points, or 1.75 percent, to 25,883.43, the S&P 500 gained 29.86 points, or 1.09 percent, to 2,775.59 and the Nasdaq Composite added 45.46 points, or 0.61 percent, to 7,472.41. Source : Reuters

U.S. Stock Futures Lower as Investors Fret Over Economy, Politics

U.S. stock futures fell Friday, pointing to a softer start for Wall Street as investors braced for economic data and fresh political tensions amid a report President Donald Trump may declare a national emergency to get funding for a border wall. As well, U.S.-China trade talks were wrapping up with the picture unclear over how much progress had been made. Dow Jones Industrial Average futures fell 122 points, or 0.5%, to 25,305, while S&P 500 futures  were down 11.9 points, or 0.4%...

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