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POPULAR NEWS
Gold futures tally a fifth straight session climb

Gold futures climbed on Wednesday for a fifth consecutive session, marking another settlement at their highest since March 2013, with strength in U.S. equities failing to pressure prices for the haven metal. "I believe retail investors are pouring into equities, while institutional investors are a little more cautious and seeking safe haven exposure," said Jeff Wright, executive vice president of GoldMining Inc. April gold rose $8.20, or 0.5%, to settle at $1,611.80 an ounce, ahead of the...

Gold Holds Above $1,600 on Fears Over Economic Impact of Virus

Gold prices held steady above the key $1,600 mark on Wednesday as an uptick in equities due to a drop in new virus cases was kept in check by fears about the economic fallout of the epidemic. Autocatalyst metal palladium, meanwhile, scaled yet another record peak on a sustained supply shortfall. Spot gold was little changed at $1,601.77 per ounce by 0244 GMT. In the previous session, bullion prices surged 1.3% to their highest since Jan. 8 at $1,605.10. U.S. gold futures were up 0.1% to...

Gold Nears 7-Year Peak on Virus Economic Impact; Palladium Hits Record

Gold climbed towards a seven-year peak on Wednesday as concerns over the global economic impact of the coronavirus epidemic boosted safe-haven interest, while palladium resumed its record rally driven by concerns over a supply shortfall. Spot gold rose 0.5% to $1,609.63 per ounce. The metal jumped to $1,610.72 earlier, its highest since Jan. 8, when gold hit its highest in nearly 7 years. U.S. gold futures rose 0.6% to $1,612.90. Bullion held firm even as European shares hit a fresh record...

Gold Tops $1,600 as Virus Fuels Growth Fears; Palladium's Record

Gold traded near the highest level since 2013 on concerns over the spread of the new coronavirus and how it™s impacting global growth. Palladium continued it™s record-breaking rally. Bullion steadied after surging 1.3% Tuesday™s as Apple Inc.™s warning that the virus and efforts to contain it would have its sales missing forecasts spurred a sell off in stocks. China™s death toll from the disease topped 2,000, while the province at the center of the...

Gold Prices Up; Fed Minutes Eyed

Gold prices inched up on Wednesday as traders await the U.S. Federal Reserve™s minutes of its latest meeting, which is due later in the day. Gold Futures for April delivery gained 0.2% to $1,607.25 by 1:45 AM ET (05:45 GMT). The yellow metal gained more than 5% so far this year is now near its highest level since 2013. Fears of the new coronavirus and its impact on global growth pushed the safe-haven metal higher, while speculation that the Fed might reduce interest rates were also cited...

US Lawmakers Pledge Support for Hong Kong Pro-Democracy Activists
Thursday, 19 September 2019 10:30 WIB | GLOBAL |Global

U.S. lawmakers will move next week to begin passing legislation combating human rights abuses in Hong Kong, an action intended to send long-term support to democracy activists there.

If passed, the bill would allow President Donald Trump to use the Magnitsky Act to sanction Hong Kong and Chinese authorities for human rights abuses, while ensuring protesters are not denied entry visas to the United States and that Hong Kong is complying with U.S. sanctions and laws.

A Trump administration official told a Senate panel Wednesday the U.S. had already been successful in supporting the efforts of pro-democracy activists.

"I'll take a little credit, the U.S. government, on having applied sufficient pressure and encouraged Beijing to do the right thing in Hong Kong," David Stilwell, assistant secretary of state for East Asian and Pacific Affairs, said in testimony before the Senate Foreign Relations Committee. 

After months of protests, activists in Hong Kong succeeded in forcing the withdrawal of an extradition bill widely seen as an incursion by the mainland Chinese government. Hundreds of thousands of protesters took to the streets in June to protest that legislation, fearing it would threaten the autonomy of the city and endanger dissidents.

Hong Kong Chief Executive Carrie Lam withdrew the bill in September but has not responded to activists' push for other demands, including amnesty for arrested protesters and an investigation into police brutality.

Source : VOA

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POPULAR NEWS
Gold futures tally a fifth straight session climb

Gold futures climbed on Wednesday for a fifth consecutive session, marking another settlement at their highest since March 2013, with strength in U.S. equities failing to pressure prices for the haven metal. "I believe retail investors are pouring into equities, while institutional investors are a little more cautious and seeking safe haven exposure," said Jeff Wright, executive vice president of GoldMining Inc. April gold rose $8.20, or 0.5%, to settle at $1,611.80 an ounce, ahead of the...

Gold Holds Above $1,600 on Fears Over Economic Impact of Virus

Gold prices held steady above the key $1,600 mark on Wednesday as an uptick in equities due to a drop in new virus cases was kept in check by fears about the economic fallout of the epidemic. Autocatalyst metal palladium, meanwhile, scaled yet another record peak on a sustained supply shortfall. Spot gold was little changed at $1,601.77 per ounce by 0244 GMT. In the previous session, bullion prices surged 1.3% to their highest since Jan. 8 at $1,605.10. U.S. gold futures were up 0.1% to...

Gold Nears 7-Year Peak on Virus Economic Impact; Palladium Hits Record

Gold climbed towards a seven-year peak on Wednesday as concerns over the global economic impact of the coronavirus epidemic boosted safe-haven interest, while palladium resumed its record rally driven by concerns over a supply shortfall. Spot gold rose 0.5% to $1,609.63 per ounce. The metal jumped to $1,610.72 earlier, its highest since Jan. 8, when gold hit its highest in nearly 7 years. U.S. gold futures rose 0.6% to $1,612.90. Bullion held firm even as European shares hit a fresh record...

Gold Tops $1,600 as Virus Fuels Growth Fears; Palladium's Record

Gold traded near the highest level since 2013 on concerns over the spread of the new coronavirus and how it™s impacting global growth. Palladium continued it™s record-breaking rally. Bullion steadied after surging 1.3% Tuesday™s as Apple Inc.™s warning that the virus and efforts to contain it would have its sales missing forecasts spurred a sell off in stocks. China™s death toll from the disease topped 2,000, while the province at the center of the...

Gold Prices Up; Fed Minutes Eyed

Gold prices inched up on Wednesday as traders await the U.S. Federal Reserve™s minutes of its latest meeting, which is due later in the day. Gold Futures for April delivery gained 0.2% to $1,607.25 by 1:45 AM ET (05:45 GMT). The yellow metal gained more than 5% so far this year is now near its highest level since 2013. Fears of the new coronavirus and its impact on global growth pushed the safe-haven metal higher, while speculation that the Fed might reduce interest rates were also cited...

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