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POPULAR NEWS
Gold finishes lower as worries over China virus ebb

Gold futures ended with a modest loss on Wednesday, lacking support as some equities markets in Asia and the U.S. climbed and while commodities traders weighed the potential economic impact of an outbreak of a serious virus in China. Gold for February delivery on Comex lost $1.20, or 0.08%, to settle at $1,556.70 an ounce, while March silver added 2 cents, or 0.1%, to $17.828 an ounce following a 1.5% loss Tuesday. In other metals trading, March palladium rose 4.6% to $2,335.60 an ounce,...

Gold Settles Lower as Traders Weigh The Impact of China's Coronavirus on Demand for The Metal

Gold futures settled modestly lower on Tuesday, with some sources attributing the loss to the possibility that a viral outbreak may cut demand for the precious metal as China prepares for its New Year celebrations this weekend. The Chinese tend to buy more gold for the holiday celebration. Other sources, however, said that a further spread of the coronavirus may eventually support haven buying of gold. CNN reported Tuesday that the U.S. was expected to announce its first case of Wuhan...

Gold Steady Amid Virus Concerns; Palladium Decline

Gold was steady in Asia as markets assessed the likely impact of the spread of China™s coronavirus. Palladium extended its decline. Spot gold -0.1% to $1,556.81/oz at 7:41am in Singapore; -0.2% Tuesday. Bloomberg Dollar Spot Index steady after +0.1% Tuesday. Other precious metals: Silver little changed at $17.7762/oz, Platinum -0.1% to $999.92/oz, Palladium -0.3% to $2,394.35/oz; prices fell 5.6% Tuesday, biggest loss since Aug. 1. Source: Bloomberg

Gold Eases Off 2-Week Peak, Virus Scare Stems Declines

Gold fell on Tuesday, easing off a two-week peak, as the dollar steadied near a one-month high, although fears of the economic fallout from the coronavirus in China dulled risk sentiment and kept prices supported above the $1,500 an ounce level. Spot gold was down 0.4% to $1,555.59 per ounce, after hitting its highest since Jan. 8 at $1,568.35 earlier in the session. U.S. gold futures fell 0.3% to $1,555.70 per ounce. The dollar held near the highest level in nearly a month, making gold...

Oil falls slightly amid Libya oil crisis

Oil prices dipped on Tuesday on expectations that a well-supplied market would be able to absorb disruptions that have cut Libya's crude production to a trickle. Brent crude was down 65 cents at $64.55 a barrel, having hit a session low of $64.06. U.S. West Texas Intermediate crude settled down 20 cents at $58.34, after hitting a low of $57.68 earlier in the day. Almost all of Libya™s crude export capacity is now under force majeure - a waiver on contractual obligations - after pipeline...

Gold Holds Steady As Trump Warns China on Trade Deal
Wednesday, 20 November 2019 03:42 WIB | PRECIOUS METALS |EMASGOLD

President Donald Trump is warning China to sign on the dotted line by Dec. 15 and the gold market is listening more than ever.

As hedge to the world™s financial and political woes, the yellow metal has been recovering from last week™s battering on suggestions over the past two days that China may not come to the table on a trade deal with the White House, as it tries to wait out Trump™s impeachment inquiry proceedings in the U.S. Congress.

Gold futures for December delivery on New York™s COMEX settled Tuesday™s New York session up $2.40, or 0.2%, at $1,474.30.

Spot gold, which tracks live trades in bullion, was up $2.35, or 0.2%, at $1,473.10 by 2:53 PM ET (19:53 GMT).

Source : Investing.com

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Wednesday, 22 January 2020 08:53 WIB

Gold was steady in Asia as markets assessed the likely impact of the spread of China™s coronavirus. Palladium extended its decline. Spot gold -0.1% to $1,556.81/oz at 7:41am in Singapore;...

POPULAR NEWS
Gold finishes lower as worries over China virus ebb

Gold futures ended with a modest loss on Wednesday, lacking support as some equities markets in Asia and the U.S. climbed and while commodities traders weighed the potential economic impact of an outbreak of a serious virus in China. Gold for February delivery on Comex lost $1.20, or 0.08%, to settle at $1,556.70 an ounce, while March silver added 2 cents, or 0.1%, to $17.828 an ounce following a 1.5% loss Tuesday. In other metals trading, March palladium rose 4.6% to $2,335.60 an ounce,...

Gold Settles Lower as Traders Weigh The Impact of China's Coronavirus on Demand for The Metal

Gold futures settled modestly lower on Tuesday, with some sources attributing the loss to the possibility that a viral outbreak may cut demand for the precious metal as China prepares for its New Year celebrations this weekend. The Chinese tend to buy more gold for the holiday celebration. Other sources, however, said that a further spread of the coronavirus may eventually support haven buying of gold. CNN reported Tuesday that the U.S. was expected to announce its first case of Wuhan...

Gold Steady Amid Virus Concerns; Palladium Decline

Gold was steady in Asia as markets assessed the likely impact of the spread of China™s coronavirus. Palladium extended its decline. Spot gold -0.1% to $1,556.81/oz at 7:41am in Singapore; -0.2% Tuesday. Bloomberg Dollar Spot Index steady after +0.1% Tuesday. Other precious metals: Silver little changed at $17.7762/oz, Platinum -0.1% to $999.92/oz, Palladium -0.3% to $2,394.35/oz; prices fell 5.6% Tuesday, biggest loss since Aug. 1. Source: Bloomberg

Gold Eases Off 2-Week Peak, Virus Scare Stems Declines

Gold fell on Tuesday, easing off a two-week peak, as the dollar steadied near a one-month high, although fears of the economic fallout from the coronavirus in China dulled risk sentiment and kept prices supported above the $1,500 an ounce level. Spot gold was down 0.4% to $1,555.59 per ounce, after hitting its highest since Jan. 8 at $1,568.35 earlier in the session. U.S. gold futures fell 0.3% to $1,555.70 per ounce. The dollar held near the highest level in nearly a month, making gold...

Oil falls slightly amid Libya oil crisis

Oil prices dipped on Tuesday on expectations that a well-supplied market would be able to absorb disruptions that have cut Libya's crude production to a trickle. Brent crude was down 65 cents at $64.55 a barrel, having hit a session low of $64.06. U.S. West Texas Intermediate crude settled down 20 cents at $58.34, after hitting a low of $57.68 earlier in the day. Almost all of Libya™s crude export capacity is now under force majeure - a waiver on contractual obligations - after pipeline...

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