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POPULAR NEWS
Gold futures end lower for the session, but tally a 5th straight weekly gain

Gold futures ended lower on Friday, pulling back in the wake of the nearly nine-year high they reached earlier this week. Prices for the week, however, gained roughly 0.7%, as the spread of COVID-19 continued to raise the metal's appeal as a safe-haven investment. August gold fell $1.90, or 0.1%, to settle at $1,801.90 an ounce. Prices on Wednesday had settled at $1,820.60, the highest for a most-active contract since Sept. 14, 2011, according to FactSet data. Source: Marketwatch

Gold Heads For Weekly Gain As It Holds Above $1,800 An Ounce

Gold futures traded modestly higher Friday, on track for a weekly gain as the yellow metal remained above $1,800 an ounce, buoyed by a fall in bond yields and a desire to hedge against risk amid continued uncertainty over the economic outlook. August gold was up $11.80, or 0.7%, at $1,815.60 an ounce on Comex, while September silver rose 17.3 cents to $19.135 an ounce. Gold futures ended lower on Thursday, pulling back a day after scoring another settlement at the highest since September...

Record Number of U.S. COVID-19 Cases Boost Gold

Gold was up on Friday morning in Asia, with investors turning to the safe-haven after the U.S. saw a record number of daily COVID-19 cases. The U.S. reported over 60,000 cases on Thursday, with Texas, Florida and California among the states with record numbers of new cases. Gold futures were up by 0.15% at $1,806.50 by 12:29 AM ET (5:29 AM GMT), ending the week above the $1,800 mark. Meanwhile, COVID-19 continues its global rampage, with over 12.2 million cases and 550,000 deaths globally...

Oil climbs, but U.S. benchmark ends lower for the week as IEA warns of coronavirus risk

Oil futures climbed on Friday, buoyed by positive results tied to a COVID-19 treatment, but U.S. prices ended lower for the week as a report from the International Energy Agency cautioned that weaker demand caused by the coronavirus pandemic will linger, even if the worst of the hit to economies has subsided. August West Texas Intermediate crude rose 93 cents, or about 2.4%, to settle at $40.55 a barrel on the New York Mercantile Exchange, after sliding 3.1% on Thursday to hit the lowest...

Gold Heads for Fifth Weekly Advance Amid Virus Sparks

Gold hovered above its key $1,800-an-ounce mark, on course for a fifth weekly advance, as investors weighed concern over a resurgence in coronavirus cases hurting the global economy. Rising infections in the U.S. and Asia have supported havens like gold this week, even as the dollar firmed. Gold investors are also weighing mixed signs about the health of the U.S. labor market after data showed fewer Americans applied for unemployment benefits, while Wells Fargo &...

Democrats See Encouraging Signs for 2020 in Tuesday's Elections
Friday, 8 November 2019 18:24 WIB | GLOBAL |Global

U.S. Democrats are celebrating election victories in the states of Virginia and Kentucky that could point to trouble for Republican President Donald Trump and his bid for re-election next year.

Thanks to support from suburban voters, Democrats took control of both chambers of the state legislature in Virginia, a boon to the state's Democratic Governor Ralph Northam.

"Because I am here to officially declare today, November the 5th, 2019, that Virginia is officially blue (Democratic). Congratulations!" Northam told the crowd on election night.

Democrat Andy Beshear declared victory in the governor's race in Kentucky over incumbent Republican Matt Bevin. Beshear said he won with a focus on local issues, perhaps a lesson for Democrats nationwide.

"My message would be that this race is not about who is in the White House.  It is about what is going on in your house," he said.

Bevin, perhaps the least popular state governor in the country, has yet to concede but had hoped a last-minute push from Trump would carry him to victory.

"Kentucky is leading the way and we support the president of the United States, Donald J. Trump!" he said.

Trump had better luck in conservative Mississippi, where he rallied support for the winning gubernatorial candidate, Republican Tate Reeves.

"The national liberals believe that if they can come to Mississippi and win this election, that it will hurt Donald Trump in 2020," Reeves said.

National Democrats were encouraged by the latest results including party Chairman Tom Perez.

"Yesterday's victory was a victory for all Democrats and, I think, it was a victory for our Democratic values," Perez said, " and I cannot say enough about all the great partners in the ecosystem."

Republican support among suburban voters was down in this latest round of voting and polls also show the president is losing ground with independent voters as he looks ahead to next year's election.

Trump remains intensely focused on his political base, says Susan Page of USA Today newspaper.

"Maybe the biggest surprise of the Trump presidency, and I say that recognizing there have been all kinds of surprises, is that he has not from the day of his inauguration tried to expand his support.  He has focused almost exclusively on fortifying the support of his core backers," Page said.

Trump trails his main Democratic rivals in some new national polls but does better in surveys of key battleground states that he narrowly won in 2016.

Source : VOA

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POPULAR NEWS
Gold futures end lower for the session, but tally a 5th straight weekly gain

Gold futures ended lower on Friday, pulling back in the wake of the nearly nine-year high they reached earlier this week. Prices for the week, however, gained roughly 0.7%, as the spread of COVID-19 continued to raise the metal's appeal as a safe-haven investment. August gold fell $1.90, or 0.1%, to settle at $1,801.90 an ounce. Prices on Wednesday had settled at $1,820.60, the highest for a most-active contract since Sept. 14, 2011, according to FactSet data. Source: Marketwatch

Gold Heads For Weekly Gain As It Holds Above $1,800 An Ounce

Gold futures traded modestly higher Friday, on track for a weekly gain as the yellow metal remained above $1,800 an ounce, buoyed by a fall in bond yields and a desire to hedge against risk amid continued uncertainty over the economic outlook. August gold was up $11.80, or 0.7%, at $1,815.60 an ounce on Comex, while September silver rose 17.3 cents to $19.135 an ounce. Gold futures ended lower on Thursday, pulling back a day after scoring another settlement at the highest since September...

Record Number of U.S. COVID-19 Cases Boost Gold

Gold was up on Friday morning in Asia, with investors turning to the safe-haven after the U.S. saw a record number of daily COVID-19 cases. The U.S. reported over 60,000 cases on Thursday, with Texas, Florida and California among the states with record numbers of new cases. Gold futures were up by 0.15% at $1,806.50 by 12:29 AM ET (5:29 AM GMT), ending the week above the $1,800 mark. Meanwhile, COVID-19 continues its global rampage, with over 12.2 million cases and 550,000 deaths globally...

Oil climbs, but U.S. benchmark ends lower for the week as IEA warns of coronavirus risk

Oil futures climbed on Friday, buoyed by positive results tied to a COVID-19 treatment, but U.S. prices ended lower for the week as a report from the International Energy Agency cautioned that weaker demand caused by the coronavirus pandemic will linger, even if the worst of the hit to economies has subsided. August West Texas Intermediate crude rose 93 cents, or about 2.4%, to settle at $40.55 a barrel on the New York Mercantile Exchange, after sliding 3.1% on Thursday to hit the lowest...

Gold Heads for Fifth Weekly Advance Amid Virus Sparks

Gold hovered above its key $1,800-an-ounce mark, on course for a fifth weekly advance, as investors weighed concern over a resurgence in coronavirus cases hurting the global economy. Rising infections in the U.S. and Asia have supported havens like gold this week, even as the dollar firmed. Gold investors are also weighing mixed signs about the health of the U.S. labor market after data showed fewer Americans applied for unemployment benefits, while Wells Fargo &...

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