Gold (XAUUSD) News, Page 1
- Gold1278.0-4.2300(-0.3300%)09:28:45(GMT)|Real-Time Data, quoted in USD
- Day's Range1277.6 - 1283.4
- Subclass / SectorMetals
Gold Steady On Sustained Safe Haven Demand From European Market
Gold continues to trade positive supported by steady demand from European markets as investors remain cautious over ongoing political debacle and Brexit proceedings.
The Week Ahead – Brexit, the ECB, China GDP Numbers and Trade in Focus
It’s not just China’s economy that the markets are concerned with. An end to the government shutdown and more progress on trade talks is needed.
Treasury Yields Jump on China Proposal, Trump Will Make ‘Major” Announcement on Saturday
Late Friday, President Donald Trump said he will make a “major” announcement on Saturday about the border and ongoing government shutdown. China offers to increase its annual import of U.S. goods by a combined value of over $1 trillion.
Increased Risk Appetite Strengthens Crude, Weakens Gold; Natural Gas Bulls Betting on Cold Blast
U.S. West Texas Intermediate and international-benchmark Brent crude oil hit their highest levels since December 7 on Friday, led by another day of stock market gains, and a report that China has offered a plan to erase its trade surplus with the United States. The news about China drove up
U.S. Stocks Post Fourth Week of Gains Fueled by Earnings, Trade News
Although last week started with the focus on corporate earnings, the news primarily responsible for most of the gains were the Chinese government’s efforts to stimulate the domestic economy and reports that China is willing to make an effort to reduce its trade surplus with the United States in an
Stocks Rally, Gold Breaks as Reports Say China Offered U.S. Import Boost
Bloomberg news is saying that Chinese officials made the offer during the mid-level trade talks earlier in the month. Furthermore, China offered to increase its annual import of U.S. goods by a combined value of over $1 trillion, the officials told Bloomberg, which was the first to report on the
Precious Metals Lose Ground On Increased Risk Appetite Over Sino-U.S. Trade Deal Hope
Gold managed to retain foothold above $1280 handle but faced sharp losses as renewed risk appetite in the broad market on hopes of a positive outcome in Sino-U.S trade talks.
China Stimulus Lifts Equities, A Hard-Brexit Is At Hand, Bank Earnings Better Than Expected
A round of better than expected bank earnings has the US equity futures moving higher in the early morning session. The financial sector led the EU market at midday with gains averaging 1.0%. The Shanghai Composite closed with no movement, 0.0%, for the day while the Hong Kong Heng Seng
Precious Metals Steady On Brexit Headlines
Proceedings in UK surrounding brexit and PM may continue to inspire caution in already weak European market plagues by political and economic woes which underpin demand for safe haven asset.
Earnings Season Once More. Can the Bulls Survive?
It’s been a particularly choppy start to the year for the U.S equity markets. The Dow fell to 2019 low 22,686.22 before bouncing back to hit 24,000 levels on Thursday. A number of drivers have dictated direction at the turn of the year.
Gold Gains On Risk-Off Trading Environment Post Dovish Chinese Macro Data
Risk off trading activity in global equity markets boost demand for yellow metal, while crude oil also declines on cues which affected global equity markets.
The Week Ahead – Brexit, Earnings and Trump in the Spotlight
It’s a big week ahead, with the Brexit vote on Tuesday and a mass of data to give further direction on the global economy, as earnings season kicks off.
Natural Gas Jumps on Cold Risks, Crude Dumps on Slowdown Worries, Gold Steady
After consolidating on the daily chart for several days, natural gas futures finally blasted through short-term resistance to change the trend to up. U.S. West Texas Intermediate and international-benchmark crude oil futures tumbled nearly 2-percent on Friday as some of the positive vibe generated by U.S.-China trade hopes gave way
Gold Gains On Weak USD Post Fed Chair Powell’s Speech
Gold continues to gain despite risk on trading activity as dollar’s long term outlook turned dovish on Powell’s speech while geo-political issues continue to underpin demand for safe haven assets.
Gold Back Near Monthly High’s On Weak US Greenback
Overnight decline in USD price action in broad market and increased physical demand from major markets boost gold price despite increased risk appetite in broad market.
Fed Minutes: Muted Inflation Means Fed “Could Afford to be Patient about Further Policy Firming”
While the market may have perceived the Fed as being overly aggressive, the minutes revealed policymakers took a more cautious approach to further rate increases than their statement indicated.
Precious Metals Continue Subdued Action Owing To Increased Risk On Trading Activity
Gold and Silver declines as equity and forex markets trade positive but weak USD in broad market helped limit losses.
Increased Risk Appetite & Greenback’s Rebound Put A Dent On Precious Metal Price Action
Gold slides down from weekly high’s but managed to retain bullish price action on weak US Greenback despite rebound.
Fed Speakers Week Begins with Bostic Seeing One More US Rate Hike
Atlanta Fed President Raphael Bostic fired the first volley on Monday when he said the Fed may only need to raise interest rates once in 2019.