Friday, 29 March 2024
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Gold Steadies Amid U.S.-China Tensions, WHO's Warning
Tuesday, 14 July 2020 09:31 WIB | PRECIOUS METALS |GOLDEMAS

Spot gold was steady as investors weighed fresh tensions between the U.S. and China, this time over territorial claims, and the economic damage caused by the pandemic.

The Trump administration rejected China™s expansive maritime claims in the South China Sea, reversing a previous policy of not taking sides in such disputes and escalating tensions with Beijing on yet another front.

Spot bullion -0.2% to $1798.54/oz at 9:49 a.m. in Singapore. Silver -0.2% after +1.9% on Monday to close at the highest since Sept. 2019. Bloomberg Dollar Spot Index trades steady.

Source: Bloomberg

RELATED NEWS
Silver Price Forecast: XAG/USD Holds Onto Gains Above $23 Ahead of FOMC Minutes...
Wednesday, 21 February 2024 15:43 WIB

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 Rises as the Dollar Steadies amid Mixed Treasury Yields ...
Thursday, 7 December 2023 02:11 WIB

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 Prices Tilt Closer to Monthly Lows...
Tuesday, 26 September 2023 17:05 WIB

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 Hovers Around $23...
Thursday, 21 September 2023 16:05 WIB

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 Hits 4-Week Low...
Thursday, 14 September 2023 14:08 WIB

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...

LATEST NEWS
Yen Steady Near 34-Year Low Amid Kanda Comments

The yen held near a 34-year low, defying comments from Japanese government officials that once more threatened a possible market intervention. Other Group-of-10 currencies traded in tight ranges with many major markets including Australia, Hong...

Japanese Stocks Rise to Mark Best Quarter in More Than a Decade

Japanese stocks climbed to finish the strongest quarter in more than a decade on a high note for the Nikkei 225 and Topix indexes, as signs of strength in both the domestic economy and the US made investors bullish.  Topix Index rose...

EUR/GBP Drops To Near 0.8540 Following Dovish Comments From ECB's Policymakers

EUR/GBP continues its downward movement, influenced by challenges facing the Euro following dovish comments from European Central Bank (ECB) policymaker Francois Villeroy. During the Asian session on Friday, the EUR/GBP cross depreciates to near...

POPULAR NEWS
Market Review Tuesday, March 26, 2024
Wednesday, 27 March 2024 03:31 WIB

Nikkei Tokyo stocks ended flat on Tuesday as investors held out hope for gains in semiconductor-related shares while locking in profits after...

S&P 500 Rises Slightly, Tries to Recover from Back-to-Back Losses
Tuesday, 26 March 2024 20:38 WIB

U.S. stocks rose slightly Tuesday, as investors tried to resume the rally that took equities to record highs after a decline in the previous...

European stocks close slightly higher; Tui shares up 5%, Maersk falls 2.6%
Wednesday, 27 March 2024 00:11 WIB

European markets closed higher Tuesday as investors continue to ponder last week's central bank policy decisions in Europe and the U.S. The...

S&P 500 Closes Lower for a Third Straight Session as Market Rally Cools
Wednesday, 27 March 2024 03:26 WIB

The S&P 500 fell for a third consecutive session on Tuesday. The broader market index slid 0.28% to close at 5,203.58, while the Nasdaq...