Gold (XAUUSD) News, Page 1

Gold edged up in broad market on early Asian market hours as demand for US dollar decreased, with markets showing little worry over the latest escalation in the U.S.-China trade war. The news on tariffs did not help the U.S. dollar and parallel gold strength likely reflects the markets having

Trump’s administration announced the introduction of 10%-tariffs for Chinese imports to $200 billion. The news had a moderately negative impact on the markets. The dynamics are limited, as the information about these measures appeared on Monday, which took from MSCI about 1% on Monday. We see something like the traditional

Gold prices fell on Tuesday as investors sought safety in the U.S. dollar amid concerns of slowing global trade after the United States imposed a new round of tariffs on Chinese imports. U.S. President Donald Trump on Monday imposed 10 percent tariffs on about $200 billion worth of Chinese imports

The markets have gotten off to a sluggish start on Monday with traders seemingly held hostage by the widely anticipated announcement of additional tariffs on China. This round of tariffs feels a little different than the others. Perhaps investors have grown accustomed to the event. Perhaps investors have already learned

Asian markets have turned to a decline with a renewed force. After the rebound of last week, the index MSCI Asia ex Japan loses 1.2% and is only 1.5% above the 14-month lows. Futures for S&P500 have returned to 2900 area, lost 0.4% from Friday’s intraday highs. The pressure on the markets

Gold inched up on Monday as investors looked for short-term gains using the metal’s recent narrow trading range amid increasing Sino-U.S. trade tensions and prospects of further interest rate hikes by the U.S. Federal Reserve. Gold has held a $25 range for the past few weeks and could hold that

Lehman Brothers collapsed ten years ago. The event had historical, seismic repercussions on other institutions and triggered the markets spiraling into one of the worst financial crises. Now, a decade later, predictions start to appear as when the next crisis will hit again.JPMorgan Chase & Co, one of the most

Bitcoin bucked the trend across the broader market by ending in the red on Sunday, with a 0.2% fall that partially reversed Saturday’s 0.5% gain. Bitcoin ended the week at $6,500, gaining 3.92% to partially reverse the previous week’s 14.3% slide.A choppy start to the day saw Saturday’s late in

On the MacroFor the Dollar, economic data for the week ahead includes September NY State and Philly manufacturing PMI numbers due out on Monday and Thursday, August building permits, housing starts and existing home sales, due out on Wednesday and Thursday, with U.S September prelim private sector PMI figures due

U.S. West Texas Intermediate crude oil was one of the most active futures contracts last week. The market opened on Monday at $67.64, rallied to $70.89 by Wednesday then broke back to $67.79 on Friday before rebounding into the close.From the opening, the futures contract traveled up $3.25 then down

Gold rose on Friday as the dollar faltered after softer-than-expected U.S. inflation data dimmed the case for a faster pace of policy tightening by the U.S. Federal Reserve, amid signs of movement in the Sino-U.S. trade standoff. U.S. consumer prices rose less than expected in August and underlying inflation pressures

After Thursday’s U.S Consumer Inflation report, all eyes shifted to early Friday’s economic reports from China. And from what I can see, there were no major surprises with most reports coming out slightly better than expectations.In China, Fixed Asset Investment came in at 5.3%, slightly below the 5.5% forecast. Industrial

Gold prices on Thursday held steady near a more than one-week high hit in the previous session, with hopes for a new round of U.S.-China trade talks weighing on the dollar. Spot gold XAUUSD is trading at $1205.13 an ounce up 0.09% on the day after hitting its highest since

It was the beginning of July, at a time the World Cup was keeping millions of football fans worldwide glued to their TV screens, that the first rumors started to swirl about the most famous football player worldwide, Cristiano Ronaldo, making a surprise move from Real Madrid to Italian club Juventus.It was a bold move on the part of ‘the old lady’, how Juventus

Bitcoin gained 0.65% on Wednesday, reversing Tuesday’s 0.36% fall, to end the day at $6,333.4, the moves through the first half of the week seeing Bitcoin recover some of the previous week’s losses.A relatively choppy morning saw Bitcoin pullback from a start of a day morning high $6,285 to late

Gold was steady on Wednesday, failing to break from a narrow trading range as investors remained concerned about a simmering trade war between the United States and China. The trade conflict between Washington and Beijing has prompted investors to buy the U.S. dollar in the belief that the United States

Gold price remains relatively neutral on Tuesday as the dollar was boosted by expectations U.S. interest rate will rise this month and by worries the Sino-U.S. trade war could escalate. Strong U.S. payrolls data last week cemented expectations that the U.S. Federal Reserve will raise interest rates in September, in

Asia stock markets are trading higher Tuesday, underpinned by a firm U.S. session on Monday. The markets are being boosted by a White House announcement that it was in the process of coordinating a second meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un.At 0423 GMT,

Gold fell for a second straight session on Monday as expectations of an interest rate hike by the U.S. Federal Reserve in September and fears of an escalation in U.S.-China trade tensions kept the dollar firm. US Dollar on Friday gained additional bullish support as Employment data was better than

On the MacroFor the Dollar, economic data for the week ahead includes July’s JOLTs job openings on Tuesday, wholesale and consumer price inflation on Wednesday and Thursday, with August retail sales and September prelim consumer sentiment figures due out on Friday. Following positive labour market stats on Friday, any uptick