Gold moderately ascends, while keeping to this year’s low
On Tuesday, gold changed insignificantly, keeping close to the minimum of 2018, which was recorded at the last trading session…
Gold stands still as RBA holds steady as expected
On Tuesday, gold jumped, with traders holding positions ahead of the British election on Thursday as well as testimony to Congress by the sacked FBI chief, which could potentially affect the Trump administration's further plans for economic reforms.
August delivery gold futures added 0.35% in New York, showing $1,287.16 a troy ounce.
Japan posted that in April average cash earnings earned 0.5%, compared with a 0.3% revenue observed year-on-year.
Overnight, gold drifted away from six-week peaks because safe-haven demand declined notwithstanding renewed geopolitical tensions as well as a bunch of risk events later during the week, which could generate turmoil in markets.
Gold reached a six-week peak during earlier trade, following new geopolitical tensions in the Middle East after Egypt, Saudi Arabia, Bahrain as well as the United Arab Emirates dared to accuse Qatar of terrorism. All of them snapped diplomatic and other ties with Qatar.
Similar
Gold inches down to year’s minimum
On Monday, market participants were selling metals as well as other assets, which are traditionally referred to as "safe havens" due to the weakening fears of a trade conflict between the United States and China…
Gold heads south on soaring greenback
On Friday, demand for gold slumped in the face of the growth of the evergreen buck…
Popular
America will probe German and Japanese car makers over alleged patent violations
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
Gold edges down toward 3-week minimum after Congress hits spending deal
On Monday, gold headed south in European trade, making its way toward a three-week minimum after American congressional leaders came to an agreement to fund the government via the fall, thus easing worries as for a shutdown of the federal government…
Crude edges down in Asia on Caixin PMI
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
Deposit with your local payment systems
