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POPULAR NEWS
Gold futures climb by nearly 2% to highest finish since Feb. 2013

Gold futures rose nearly 2% on Monday to mark their highest finish since February 2013. Concerns surrounding COVID-19 and expectations for further monetary easing among global central banks in response to the virus's economic impact continued to provide support for haven gold, analysts said. April gold rose $27.80, or 1.7%, to settle at $1,676.60 an ounce. Source : MarketWatch

Gold futures give back most of their gain from a day earlier

Gold futures fell nearly 2% on Tuesday, with prices giving back nearly all of what they gained a day earlier. "While economic growth concerns surrounding the coronavirus were the most recent impetus supporting gold prices, there is very little reason for gold prices to move significantly lower given the current global environment," said Jeff Klearman, portfolio manager at GraniteShares. "Gold prices have benefited from three main factors, including heightened investor appetite for safe haven...

Gold Prices Expected To Maintain Upward Momentum

Gold has enormous upward momentum at the moment, and that left participants in the weekly Kitco gold survey overwhelmingly expecting prices to keep rising this week due to the combination of  chart-based momentum and ongoing worries about the coronavirus outbreak. The metal soared to a seven-year high on last Friday, fueled by the continued spread of the virus around the world and prompting worries this will dent economic growth. Some observers also cited expectations for continuing soft...

Gold Jumps Over 2% as Virus Spread Spurs Safe-Haven Demand

Gold prices climbed more than 2% on Monday to their highest since February 2013, as a spike in coronavirus cases in several countries outside China heightened worries about a hit to global economic growth, prompting a flight to safe havens. Spot gold was up 1.1% at $1,661.86 per ounce by 0304 GMT, after climbing to $1,678.58 earlier in the session. U.S. gold futures rose 1% to 1,664.60. Global equities extended losses as concerns about the spread of the virus beyond China grew with sharp...

Oil prices fall 2% on demand concerns as coronavirus spreads outside China

Oil prices tumbled more than 2% on Monday as investors worried about a hit to demand from the coronavirus outbreak, which is spreading rapidly outside China. Brent crude fell by $1.50 or 2.5% to $57.00 a barrel by 2332 GMT. U.S. crude futures fell by $1.26 or 2.3% to $52.12. Concerns about the coronavirus grew on Sunday after sharp rises in infections in South Korea, Italy and Iran. South Korea's government put the country on high alert after the number of infections surged to over 600 with...

Gold Has Solid Start to 2020 as Dollar in Downtrend
Thursday, 2 January 2020 13:23 WIB | PRECIOUS METALS |EMASGOLD

Gold built on the biggest annual gain since 2010 as a gauge of the dollar traded near a nine-month low, and investors assessed developments in North Korea.

The Bloomberg Dollar Spot Index held near the lowest since March, helping to support bullion prices. Haven assets may also catch a bid as North Korean leader Kim Jong Un declared he was no longer bound by his pledge to halt major missile tests and would soon debut a œnew strategic weapon.

Platinum also rose. Long-only exchange-traded funds focused on the precious metal used to curb emissions from diesel cars attracted $850 million last year through Monday, the biggest annual inflow.

Spot gold as much as +0.3% to $1,521.27/oz and traded at $1,519.32 at 1:05pm in Singapore. Prices +18% in 2019, most since 2010.

Bloomberg Dollar Spot Index +0.1% after -2.8% in final quarter of 2019.

Source : Bloomberg

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POPULAR NEWS
Gold futures climb by nearly 2% to highest finish since Feb. 2013

Gold futures rose nearly 2% on Monday to mark their highest finish since February 2013. Concerns surrounding COVID-19 and expectations for further monetary easing among global central banks in response to the virus's economic impact continued to provide support for haven gold, analysts said. April gold rose $27.80, or 1.7%, to settle at $1,676.60 an ounce. Source : MarketWatch

Gold futures give back most of their gain from a day earlier

Gold futures fell nearly 2% on Tuesday, with prices giving back nearly all of what they gained a day earlier. "While economic growth concerns surrounding the coronavirus were the most recent impetus supporting gold prices, there is very little reason for gold prices to move significantly lower given the current global environment," said Jeff Klearman, portfolio manager at GraniteShares. "Gold prices have benefited from three main factors, including heightened investor appetite for safe haven...

Gold Prices Expected To Maintain Upward Momentum

Gold has enormous upward momentum at the moment, and that left participants in the weekly Kitco gold survey overwhelmingly expecting prices to keep rising this week due to the combination of  chart-based momentum and ongoing worries about the coronavirus outbreak. The metal soared to a seven-year high on last Friday, fueled by the continued spread of the virus around the world and prompting worries this will dent economic growth. Some observers also cited expectations for continuing soft...

Gold Jumps Over 2% as Virus Spread Spurs Safe-Haven Demand

Gold prices climbed more than 2% on Monday to their highest since February 2013, as a spike in coronavirus cases in several countries outside China heightened worries about a hit to global economic growth, prompting a flight to safe havens. Spot gold was up 1.1% at $1,661.86 per ounce by 0304 GMT, after climbing to $1,678.58 earlier in the session. U.S. gold futures rose 1% to 1,664.60. Global equities extended losses as concerns about the spread of the virus beyond China grew with sharp...

Oil prices fall 2% on demand concerns as coronavirus spreads outside China

Oil prices tumbled more than 2% on Monday as investors worried about a hit to demand from the coronavirus outbreak, which is spreading rapidly outside China. Brent crude fell by $1.50 or 2.5% to $57.00 a barrel by 2332 GMT. U.S. crude futures fell by $1.26 or 2.3% to $52.12. Concerns about the coronavirus grew on Sunday after sharp rises in infections in South Korea, Italy and Iran. South Korea's government put the country on high alert after the number of infections surged to over 600 with...

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