Tuesday, 02 June 2020
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Tuesday, 2 June 2020 19:23 WIB

Gold futures on Tuesday were edging higher on the back of a weaker U.S. dollar, with gains capped by the precious metal by a global rise in assets perceived as risky like stocks. Commodity experts say that the yellow metal has enjoyed haven bids as investors remain wary of rising Sino-American trade tensions even as the economies reopening from forced closures due to the COVID-19 pandemic has dulled some of the safe-haven luster from the commodity. Gold for August delivery on Comex was up $1.90, or 0.1%, at $1,752.20 an ounce after declining by less than 0.1% on Monday. July silver shed 3...

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PRECIOUS METALS
Gold Prices See Subdued Rise, Buoyed By Weaker Dollar As Stocks Rally
Tuesday, 2 June 2020 19:23 WIB

Gold futures on Tuesday were edging higher on the back of a weaker U.S. dollar, with gains capped by the precious metal by a global rise in assets perceived as risky like stocks. Commodity experts...

ENERGY
Oil Futures Rise on Hope of Extension of Global Production Cuts
Tuesday, 2 June 2020 18:54 WIB

Crude-oil futures on Tuesday headed higher, at least partly supported by reports that major producers may agree to extend output cuts that terminate at the end of June to further steady oil...

CURRENCIES
Pound Climbs Above $1.25 to 1-Month High, Brexit Hopes Support
Tuesday, 2 June 2020 15:17 WIB

Sterling climbed above $1.25 to its highest in a month against the dollar on Tuesday, as signs Britain might be willing to compromise on sticking points in a fresh round of Brexit negotiations with...