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POPULAR NEWS
Gold falls 1% as risk appetite firms on recovery optimism

Gold fell over 1% on Tuesday as major economies further eased coronavirus-linked restrictions, fuelling hopes for economic recovery and bolstering risk appetite. Spot gold slipped 1.1% to $1,710.95 per ounce, having earlier hit a low since May 13 at $1,708.47. U.S. gold futures settled down 1.7% at $1,705.60. U.S. stocks surged as investors grew optimistic about business restarts and a potential coronavirus vaccine. Elsewhere, palladium dropped 1.3% to $1,966.43 per ounce, platinum fell...

Gold Edges Lower, Losing Shine as Stocks Rally on Easing Lockdowns, Vaccine Hopes

Gold futures lost some ground Tuesday as global equities rallied in response to easing business lockdowns as the pandemic recedes and encouraging reports of progress toward a COVID-19 vaccine, dulling the yellow metal™s haven appeal. Gold for June delivery on Comex fell $10.60, or 0.6%, to $1,724.90 an ounce, while July silver was up 9.7 cents, or 0.5%, at $17.79 an ounce. Gold is trading "in a scenario where investors are looking for fresh stimuli to move markets. The risk on approach...

Gold Steady As Stronger Equities Offset Political Tensions

Gold traded little changed on Tuesday as gains in equities on optimism over a reopening global economy offset support from a softer dollar and lingering tensions over Hong Kong and Venezuela. Spot gold was flat at $1,729.83 per ounce by 1253 GMT. U.S. gold futures were down 0.2% to $1,732.10. Japan™s Nikkei rose 1% to its highest since early March, while MSCI™s broadest index of Asia-Pacific shares outside Japan added 0.1% in early trade. Source : Reuters

Gold eases as equities rally; Hong Kong woes limit losses

Gold edged lower on Tuesday as hopes of economic recovery lifted share markets with many countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion's losses. Spot gold was down 0.3% at $1,724.74 per ounce by 09:06 GMT. U.S. gold futures fell 0.6% to $1,725.10. Elsewhere, palladium dropped 0.9% to $1,973.32 per ounce and platinum fell 0.6% to $833.17, while silver jumped 1% to $17.37. Source : Reuters

Gold Ticks Up On China-U.S. Tensions Over Hong Kong

Gold ticked higher on Tuesday as brewing Sino-U.S. tensions over Hong Kong lifted demand for the safe-haven metal, though easing coronavirus-induced lockdown restrictions supported equities and capped bullion™s gains. Spot gold rose 0.2% to $1,732.38 per ounce by 0241 GMT. U.S. gold futures were down 0.1% to $1,733.50. China™s foreign ministry office in Hong Kong and the city™s security chief defended proposed security laws by describing some acts in mass pro-democracy protests last...

Stock market jumps to Friday peak after modest job gains, unemployment falls to 50-year low
Friday, 4 October 2019 23:50 WIB | MARKET UPDATE | Standard & Poor's 500saham A.S

U.S. stocks rose Friday, reversing losses in premarket trade, after the Labor Department estimated that the American economy added 136,000 jobs in August, enough to let the unemployment rate to fall to a 50-year low of 3.5%, but not to dissuade the Federal Reserve from cutting interest rates further this year.

Investors await a speech from Federal Reserve chair Jerome Powell later Friday.

The Dow Jones Industrial Average rose 237 points, or 0.9%, at 26,439, the S&P 500 index added 28 points, or 1% to 2,938, while the Nasdaq Composite advanced 78 points, or 1%, to 7,949.

For the week, the Dow is on pace for a decline of 1.5% so far, the S&P 500 is set for a drop of 1.3%, but the Nasdaq was set for a weekly rise of 0.1%. The Russell 2000 index which suffered a bearish œdeath cross on Thursday, was on track to shed 2.1%.

Source: Marketwatch

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POPULAR NEWS
Gold falls 1% as risk appetite firms on recovery optimism

Gold fell over 1% on Tuesday as major economies further eased coronavirus-linked restrictions, fuelling hopes for economic recovery and bolstering risk appetite. Spot gold slipped 1.1% to $1,710.95 per ounce, having earlier hit a low since May 13 at $1,708.47. U.S. gold futures settled down 1.7% at $1,705.60. U.S. stocks surged as investors grew optimistic about business restarts and a potential coronavirus vaccine. Elsewhere, palladium dropped 1.3% to $1,966.43 per ounce, platinum fell...

Gold Edges Lower, Losing Shine as Stocks Rally on Easing Lockdowns, Vaccine Hopes

Gold futures lost some ground Tuesday as global equities rallied in response to easing business lockdowns as the pandemic recedes and encouraging reports of progress toward a COVID-19 vaccine, dulling the yellow metal™s haven appeal. Gold for June delivery on Comex fell $10.60, or 0.6%, to $1,724.90 an ounce, while July silver was up 9.7 cents, or 0.5%, at $17.79 an ounce. Gold is trading "in a scenario where investors are looking for fresh stimuli to move markets. The risk on approach...

Gold Steady As Stronger Equities Offset Political Tensions

Gold traded little changed on Tuesday as gains in equities on optimism over a reopening global economy offset support from a softer dollar and lingering tensions over Hong Kong and Venezuela. Spot gold was flat at $1,729.83 per ounce by 1253 GMT. U.S. gold futures were down 0.2% to $1,732.10. Japan™s Nikkei rose 1% to its highest since early March, while MSCI™s broadest index of Asia-Pacific shares outside Japan added 0.1% in early trade. Source : Reuters

Gold eases as equities rally; Hong Kong woes limit losses

Gold edged lower on Tuesday as hopes of economic recovery lifted share markets with many countries easing coronavirus-driven lockdowns, although Sino-U.S. tensions over Hong Kong limited bullion's losses. Spot gold was down 0.3% at $1,724.74 per ounce by 09:06 GMT. U.S. gold futures fell 0.6% to $1,725.10. Elsewhere, palladium dropped 0.9% to $1,973.32 per ounce and platinum fell 0.6% to $833.17, while silver jumped 1% to $17.37. Source : Reuters

Gold Ticks Up On China-U.S. Tensions Over Hong Kong

Gold ticked higher on Tuesday as brewing Sino-U.S. tensions over Hong Kong lifted demand for the safe-haven metal, though easing coronavirus-induced lockdown restrictions supported equities and capped bullion™s gains. Spot gold rose 0.2% to $1,732.38 per ounce by 0241 GMT. U.S. gold futures were down 0.1% to $1,733.50. China™s foreign ministry office in Hong Kong and the city™s security chief defended proposed security laws by describing some acts in mass pro-democracy protests last...

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