Gold Holds Gain After Trade Deal; Palladium at Record
Thursday, 16 January 2020 09:21 WIB | PRECIOUS METALS |EMASGOLD
Gold held an advance following the signing of the U.S.-China phase-one trade deal, with investors seeking to assess how consequential the accord will prove to be for currency policy, relations between the two economies, and global growth. Palladium notched yet another record.
Spot gold little changed at $1,556.61/oz at 9:45am in Singapore; +0.6% Wednesday. Bloomberg Dollar Spot Index steady after -0.1% Wednesday.
While the pact was inked on Wednesday, questions remain over whether Donald Trump™s efforts to rewrite the relationship with Beijing will go any further. Trade Representative Robert Lighthizer said the administration was focused on implementing the initial pact, and any further talks would come only after that.
Source : Bloomberg
Saturday, 23 May 2020 02:35 WIB
Gold prices ended higher on Friday as testiness between the U.S. and China fed risk-off sentiment, drawing investors into assets considered to be havens, including government debt and the Japanese yen...
Friday, 22 May 2020 19:39 WIB
Gold prices headed higher on Friday as testiness between the U.S. and China drew investors into assets considered havens, including government debt and the Japanese yen.
However, continuing plans to ...
Friday, 22 May 2020 17:40 WIB
Gold gained on Friday as an escalation in U.S.-China tensions underpinned bullion's safe-haven appeal, although positive economic indicators after some countries eased lockdowns set up the precious me...
Friday, 22 May 2020 12:46 WIB
Gold steadied on Friday as an escalation in U.S.-China tensions underpinned bullion's safe-haven appeal, although positive economic data and easing lockdowns in some countries set up the precious meta...
Friday, 22 May 2020 09:56 WIB
Gold prices inched up on Friday, after falling more-than 1% in the previous session, as rising concerns over U.S.-China relations weighed on risk appetite, although the metal still looked to be headed...