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POPULAR NEWS
Gold prices dip on upbeat appetite for riskier assets

Gold slipped on Tuesday to its lowest in more than three months on increased appetite for riskier assets, while U.S. President Donald Trump failed to provide any information on the trade deal with China in his speech. Spot gold slipped 0.1% to $1,453.70 per ounce, having touched its lowest since Aug. 5 earlier. U.S. gold futures settled down 0.2% at $1,453.70 per ounce. Among other precious metal, palladium gained 0.8% to $1,700.60 per ounce, having touched a one-month low in the previous...

Gold, Silver Prices Score First Gain in 5 Sessions

Gold and silver prices posted their first gain in five sessions on Wednesday, with uncertainty over the outlook for a U.S.-China trade deal and the first day of public impeachment proceedings against President Donald Trump helping to support haven demand for the precious metal. Investors also eyed developments in the House impeachment hearings. Hatzigiannis, however, said he does not expect the impeachment process to affect gold trading. "If it goes through the Senate then we can start taking...

Gold Slips as Hopes of US-China Trade Progress Lift Stocks

Gold prices eased on Tuesday as expectations of positive trade talks between the United States and China bolstered risk appetite, while investors booked profits. Spot gold slipped 0.1% to $1,454.82 per ounce as of 1033 GMT, extending declines into a fourth straight session. U.S. gold futures dropped 0.1% to $1,455.60 per ounce. World markets edged higher on Tuesday as investors awaited a speech by U.S. President Donald Trump on trade policy, and amid news he will probably delay a decision...

Asia shares turn sluggish ahead of Trump speech

Asian share markets got off to a sluggish start on Tuesday amid uncertainty over both the Sino-U.S. trade talks and the domestic political situation in Hong Kong. MSCI™s broadest index of Asia-Pacific shares outside Japan eased 0.05%, following a sharp 1.2% pullback on Monday. Japan's Nikkei dithered either side of flat, while South Korean stocks inched up 0.3%. E-Mini futures for the S&P 500 was off 0.1% in quiet trade. Source: reuters

Gold Rises From Three-Month Low on Trump Tariff Threat

Gold advanced from a three-month low as investors weighed President Donald Trump™s latest comments on a U.S.-China trade deal with the general improvement in risk appetite. Spot gold +0.2% to $1,458.50/oz at 9:38am in Singapore. Price fell to $1,445.70/oz on Tuesday, the lowest intraday level since Aug. 5 Bloomberg Dollar Spot Index steady after +0.2% Tuesday. Other precious metals: Spot silver +0.3% to $16.825/oz, Palladium -0.2% to $1,699.32/oz,...

Dow sheds 130 points at the open as China says its readying $75 billion counter-tariffs on U.S. goods
Friday, 23 August 2019 20:51 WIB | MARKET UPDATE |Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS

The Dow average on Friday headed lower at the open along with the rest of the major indexes after a report surfaced indicating that China was ready to take retaliatory measures in its lasting tariff conflict with the U.S.

A report from the Chinese ministry indicated that it was preparing to raise tariffs in two batches on $75 billion in U.S. imports on Sept. 1 and Dec. 15, which would coincide with the dates that the U.S. is slated to increase import duties on some $300 billion Beijing goods.

The Dow was down 130 points, or 0.5%, at 26,118, the S&P 500 index declined 0.4% at 2,912, while the technology-heavy Nasdaq Composite Index, which tends to be sensitive to tariff tensions, was down 0.6% at 7,947.

Before the opening bell, stock-index futures were trading firmly higher ahead of the report on the back of comments from St. Louis Federal President James Bullard who said "insurance" rate cuts were needed to combat weakening growth outside of the U.S. The market is awaiting a highly anticipated speech from Jerome Powell on the monetary policy in Jackson Hole, Wyo., set for 10 a.m. Eastern Time. In its statement, China wrote that "US measures have led to the continuous escalation of Sino-US economic and trade frictions, which have greatly harmed the interests of China, the United States and other countries, and have also seriously threatened the multilateral trading system and the principle of free trade."

Source : MarketWatch

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POPULAR NEWS
Gold prices dip on upbeat appetite for riskier assets

Gold slipped on Tuesday to its lowest in more than three months on increased appetite for riskier assets, while U.S. President Donald Trump failed to provide any information on the trade deal with China in his speech. Spot gold slipped 0.1% to $1,453.70 per ounce, having touched its lowest since Aug. 5 earlier. U.S. gold futures settled down 0.2% at $1,453.70 per ounce. Among other precious metal, palladium gained 0.8% to $1,700.60 per ounce, having touched a one-month low in the previous...

Gold, Silver Prices Score First Gain in 5 Sessions

Gold and silver prices posted their first gain in five sessions on Wednesday, with uncertainty over the outlook for a U.S.-China trade deal and the first day of public impeachment proceedings against President Donald Trump helping to support haven demand for the precious metal. Investors also eyed developments in the House impeachment hearings. Hatzigiannis, however, said he does not expect the impeachment process to affect gold trading. "If it goes through the Senate then we can start taking...

Gold Slips as Hopes of US-China Trade Progress Lift Stocks

Gold prices eased on Tuesday as expectations of positive trade talks between the United States and China bolstered risk appetite, while investors booked profits. Spot gold slipped 0.1% to $1,454.82 per ounce as of 1033 GMT, extending declines into a fourth straight session. U.S. gold futures dropped 0.1% to $1,455.60 per ounce. World markets edged higher on Tuesday as investors awaited a speech by U.S. President Donald Trump on trade policy, and amid news he will probably delay a decision...

Asia shares turn sluggish ahead of Trump speech

Asian share markets got off to a sluggish start on Tuesday amid uncertainty over both the Sino-U.S. trade talks and the domestic political situation in Hong Kong. MSCI™s broadest index of Asia-Pacific shares outside Japan eased 0.05%, following a sharp 1.2% pullback on Monday. Japan's Nikkei dithered either side of flat, while South Korean stocks inched up 0.3%. E-Mini futures for the S&P 500 was off 0.1% in quiet trade. Source: reuters

Gold Rises From Three-Month Low on Trump Tariff Threat

Gold advanced from a three-month low as investors weighed President Donald Trump™s latest comments on a U.S.-China trade deal with the general improvement in risk appetite. Spot gold +0.2% to $1,458.50/oz at 9:38am in Singapore. Price fell to $1,445.70/oz on Tuesday, the lowest intraday level since Aug. 5 Bloomberg Dollar Spot Index steady after +0.2% Tuesday. Other precious metals: Spot silver +0.3% to $16.825/oz, Palladium -0.2% to $1,699.32/oz,...

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