Gold dives to 3-week minimum
On Tuesday, the yellow metal demonstrated its lowest value for three weeks…
Gold sag in Asia as American jobs are awaited after Fed views
On Thursday, gold sank in Asia because market participants looked ahead to end of the week nonfarm payroll figures, which follow a Fed review that set a relatively weak tone for gold.
In New York, June delivery gold futures edged down 0.53% getting to $1,241.87 a troy ounce. As for copper futures, they added 0.64%, being worth $2.533.
Meanwhile, for March Australia posted its trade balance at A$3.107 billion, which is a bit narrower than the A$3.4 billion surplus observed. Then, China informed that April’s Caixin services PMI descended to 51.6, compared with the expected 52.6 level, the lowest in early 2017.
Overnight, gold traded lower, reacting to the publication of strong American data sparked upside momentum in the greenback and capped revenues in gold.
Gold kept trading close to three-week minimums, after better than expected jobs as well as services sector surge data underpinned hopes that the Fed would lift interest rates already in June.
Similar
Gold goes down to 2019 minimum
On Monday, gold headed south to its lowest value of the year due to the fact that investor appetite for risk was still firm notwithstanding data disclosing that China's 2018 economic surge speeded down to a near three-decade minimum…
Gold approaches $1,300 once again
Britain’s economic and political issues along with a no-confidence vote on Prime Minister Theresa May following her unsuccessful Brexit deal vote gave gold traders a hope of getting back to maximums of above $1,300 an ounce…
Latest news
Weekly CryptoNews
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
Most Asian stocks post strong revenues with Nikkei rising more than 2%
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan real wages surge is slowest in almost two years
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
Deposit with your local payment systems
