Gold headed for a fourth weekly gain as concerns over the resurgence of coronavirus cases countered better-than-expected monthly U.S. jobs data.
Texas ordered residents to wear masks, reversing course as it reported its second-most daily infections of the outbreak, while Florida™s largest county, Miami-Dade, will impose a curfew. The novel coronavirus is showing some signs of mutating in a way that may make it easier for the pathogen to spread, according to Anthony Fauci, the director of the National Institute for Allergy and Infectious Diseases. The Centers for Disease Control said fatalities in the U.S. could reach 160,000 by late July.
Spot gold little changed at $1,775.60/oz at 2:50pm in Singapore; +0.3% this week.
Source : Bloomberg
Silver price (XAU/USD) turns sideways around $23.15 after a strong recovery in the European session on Wednesday. The white metal clings to solid gains as the US Dollar has shifted to the backfoot AS ...
Gold prices rose on Wednesday after two weaker sessions after the metal rose to a record last week as the dollar weakened and mixed treasury yields offered little direction. Gold for February deliver...
Silver held around $23 per ounce, not far from the 1-month low touched on September 14th, pressured by the Fed's hawkish pause, the potential U.S. government shutdown, and renewed concerns about indus...
Silver held around $23 per ounce, pressured by stronger dollar and higher Treasury Yields following the Fed's hawkish stance, as the regulator signaled one more hike and a slower monetary easing. Sti...
Silver decreased to a 4-week low of 22.6 USD/t.oz, pressured by a strength in the US dollar as signs of resilience in the US economy supported the outlook for the Federal Reserve to maintain borrowing...
Gold prices rose on Friday and logged a fifth consecutive weekly rise, as fears of further tit-for-tat retaliation between Iran and Israel triggered safe-haven demand. Spot gold was up by 0.7% at $2,395.15 per ounce as of 1:45 p.m. ET (1745 GMT),...
The European stock markets closed mixed in Friday trading as The Stoxx Europe 600 was down 0.11%, the Swiss Market Index was up 0.59%, France's CAC was off 0.01%, the FTSE in London rose 0.24%, and Germany's DAX closed 0.53% lower. In the UK,...
Stocks came under renewed pressure as big tech sold off, with traders also refraining from making riskier bets ahead of the weekend amid geopolitical uncertainties. Equities fell at end of a week that saw the S&P...
Nikkei
Japanese stocks fell, marking their biggest three-day drop since October, as investors continued to be on watch for any risk of currency...
The S&P 500 wavered on Tuesday after Federal Reserve chair Jerome Powell said interest rates may need to stay elevated.
The broad index lost...
Nikkei
Tokyo stocks closed lower Tuesday, weighed down by Wall Street falls and fears over tensions in the Middle East.
The benchmark Nikkei 225...
UK inflation slowed less than expected last month, underscoring the reluctance of some Bank of England officials to begin cutting interest...