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POPULAR NEWS
Gold edges lower as investors play down U.S.-China tensions

Gold futures traded slightly lower Monday, losing ground as equities drifted into positive territory and investors appeared to play down U.S.-China tensions and a weekend of civil unrest in several U.S. cities. Gold for August delivery on Comex fell $6.50, or 0.4%, to $1,745.10 an ounce, while July silver was up 14.10 cents, or 0.8%, at $18.64 an ounce. Source : MarketWatch

Gold Rises as U.S. Riots, Hong Kong Rensions Lift Safe-Haven Appeal

Gold prices climbed on Monday as reports of riots in the United States rattled investors already reeling from the deepening China-U.S. rift, fanning concerns of a fresh economic setback and drove traders towards the safe-haven metal. Spot gold was up 0.6% at $1,736.31 per ounce, as of 1243 GMT. U.S. gold futures were flat at $1,751.30. Protesters in the United States have flooded the streets over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and...

Gold Climbs As U.S. Riots Spark Safe-Haven Rush

Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained China-U.S. relations and boosted demand for the safe-haven metal, with a weaker dollar lending further support. Spot gold gained 0.8% to $1,739.75 per ounce by 0242 GMT. U.S. gold futures ticked up 0.1% to $1,752.60. Protesters have flooded the streets in the United States over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and racially divided...

Gold Holds One-Week Peak as U.S.-China Tensions Keep Demand Afloat

Gold prices on Tuesday held on to last session™s more than one-week high on concerns around U.S.-China relations and as rising violent protests in the United States stoked fears of a resurgence in virus cases, while optimism on reopening of economies checked their rise. Spot gold was flat at $1,739.48 per ounce, as of 0344 GMT. U.S. gold futures rose 0.1% to $1,752.10. The U.S. is likely to revoke Hong Kong™s special status, and China would retaliate by limiting purchase of U.S....

Rallies in the US Continue to Remain Curfews and Emergencies

The demonstrators continued to voice their correction of the death of George Floyd for the death of the sixth night in cities across the US on Sunday (31/5). Fix the problem of confrontation again with the police trying to enforce the curfew. Los Angeles, Chicago, Miami, Detroit and Philadelphia are among the major cities that have imposed orders that apply to residents at night. The governors of Texas and Virginia have imposed a state of emergency in their state. Fire, vandalism, looting...

Oil rises as Saudi Arabia signals OPEC cuts to continue under new energy minister
Monday, 9 September 2019 13:16 WIB | ENERGY |Minyak WTIMinyak MentahMinyak Brent

Oil rose on Monday on expectations that Saudi Arabia, the world's largest oil exporter, will continue to support output cuts by OPEC and other producers to prop up prices under new Energy Minister Prince Abdulaziz bin Salman.

Prices climbed for a fourth day and were also supported by comments from the United Arab Emirates' energy minister that OPEC and its allies are committed to balancing the crude market.

Global benchmark Brent (LCOc1) was up 53 cents, or 0.9%, at $62.07 a barrel by 04:25 GMT, while U.S. West Texas Intermediate (CLc1) was 57 cents, or 1%, higher at $57.09 a barrel.

Salman, a long-time member of the Saudi delegation to the Organization of the Petroleum Exporting Countries (OPEC), was named to the position on Sunday, replacing Khalid al-Falih. He is the son of Saudi King Salman and this is the first time the energy portfolio has been handed to a member of the royal family.

He helped to negotiate the current agreement between OPEC and non-OPEC countries including Russia, a group known as OPEC+, to cut global crude supply to support prices and balance the market.

Source : Reuters

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POPULAR NEWS
Gold edges lower as investors play down U.S.-China tensions

Gold futures traded slightly lower Monday, losing ground as equities drifted into positive territory and investors appeared to play down U.S.-China tensions and a weekend of civil unrest in several U.S. cities. Gold for August delivery on Comex fell $6.50, or 0.4%, to $1,745.10 an ounce, while July silver was up 14.10 cents, or 0.8%, at $18.64 an ounce. Source : MarketWatch

Gold Rises as U.S. Riots, Hong Kong Rensions Lift Safe-Haven Appeal

Gold prices climbed on Monday as reports of riots in the United States rattled investors already reeling from the deepening China-U.S. rift, fanning concerns of a fresh economic setback and drove traders towards the safe-haven metal. Spot gold was up 0.6% at $1,736.31 per ounce, as of 1243 GMT. U.S. gold futures were flat at $1,751.30. Protesters in the United States have flooded the streets over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and...

Gold Climbs As U.S. Riots Spark Safe-Haven Rush

Gold prices rose on Monday as riots in major U.S. cities rattled investors already reeling from strained China-U.S. relations and boosted demand for the safe-haven metal, with a weaker dollar lending further support. Spot gold gained 0.8% to $1,739.75 per ounce by 0242 GMT. U.S. gold futures ticked up 0.1% to $1,752.60. Protesters have flooded the streets in the United States over the death of George Floyd in police custody, in a wave of outrage sweeping a politically and racially divided...

Gold Holds One-Week Peak as U.S.-China Tensions Keep Demand Afloat

Gold prices on Tuesday held on to last session™s more than one-week high on concerns around U.S.-China relations and as rising violent protests in the United States stoked fears of a resurgence in virus cases, while optimism on reopening of economies checked their rise. Spot gold was flat at $1,739.48 per ounce, as of 0344 GMT. U.S. gold futures rose 0.1% to $1,752.10. The U.S. is likely to revoke Hong Kong™s special status, and China would retaliate by limiting purchase of U.S....

Rallies in the US Continue to Remain Curfews and Emergencies

The demonstrators continued to voice their correction of the death of George Floyd for the death of the sixth night in cities across the US on Sunday (31/5). Fix the problem of confrontation again with the police trying to enforce the curfew. Los Angeles, Chicago, Miami, Detroit and Philadelphia are among the major cities that have imposed orders that apply to residents at night. The governors of Texas and Virginia have imposed a state of emergency in their state. Fire, vandalism, looting...

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