Gold (XAUUSD) News, Page 1

Gold continues to trade positive supported by steady demand from European markets as investors remain cautious over ongoing political debacle and Brexit proceedings.

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.

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.

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

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

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

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.

Safe haven demand sustains gold bulls as headlines continues to inspires risk averse trading activity in major global markets.

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

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.

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.

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.

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.

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 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.

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.

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.

Gold and Silver declines as equity and forex markets trade positive but weak USD in broad market helped limit losses.

Gold slides down from weekly high’s but managed to retain bullish price action on weak US Greenback despite rebound.

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.