Gold goes down on soaring greenback
On Monday, gold slipped a bit because the USD index rallied to its highest value for more than 17 months, thus affecting gold’s demand…
Gold sinks in Asia as Trump is ready for showdown vote
On Friday, gold drifted weaker in Asia on political risk worries because a dramatic inter-party showdown loomed in America as on Thursday, the votes required to replace the Obama-era healthcare law fell short y and Donald Trump's office informed that he wanted an up-or-down decision already on Friday.
In New York, April delivery gold futures sank 0.28%, hitting $1,243.75 a troy ounce. Besides this, copper futures tumbled 0.98%, trading a $2.625.
Republican leaders failed to gain enough support to pass the GOP bill in a scheduled Thursday vote in the House. At a Republican House caucus gathering Thursday night, Mick Mulvaney, Office of Management and Budget Director told that if Donald Trump doesn’t get a vote on the bill, he’ll move on to other goals and leave the ACA, also dubbed Obamacare, in place.
A strike at BHP Billiton’s Escondida copper mine in Chile, the world's number one copper mine, is supposed to end after employees decided to invoke a rarely utilized legal provision to enable them to extend their old contract.
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Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
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