Gold ticked higher on Tuesday as brewing Sino-U.S. tensions over Hong Kong lifted demand for the safe-haven metal, though easing coronavirus-induced lockdown restrictions supported equities and capped bullion™s gains. Spot gold rose 0.2% to $1,732.38 per ounce by 0241 GMT. U.S. gold futures were down 0.1% to $1,733.50. China™s foreign ministry office in Hong Kong and the city™s security chief defended proposed security laws by describing some acts in mass pro-democracy protests last year as terrorism. Source : Reuters

Read more

RECENT NEWS

Oil prices climbed on Tuesday, boosted by increasing faith in the market that producers will to stick to commitments to cut crude supply while demand picks up with more cars back on the road as coronavirus lockdowns are eased around the world. U.S. West Texas Intermediate (WTI) crude futures gained 3.2%, or $1.06, to $34.31 a barrel as of 0429 GMT, just off an intra-day high of $34.33. There...

Gold traded little changed on Tuesday as gains in equities on optimism over a reopening global economy offset support from a softer dollar and lingering tensions over Hong Kong and Venezuela. Spot gold was flat at $1,729.83 per ounce by 1253 GMT. U.S. gold futures were down 0.2% to $1,732.10. Japans Nikkei rose 1% to its highest since early March, while MSCIs broadest index of...

The dollar inched lower on Tuesday as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies, though concerns about Sino-U.S. tensions held further moves in check. After a quiet start to the week due to holidays in Britain and the United States, the greenback was a fraction softer against most Asian currencies. Against a basket of currencies the dollar...

Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude supply as more cars get back on the road with coronavirus lockdowns easing around the world. U.S. West Texas Intermediate (WTI) crude CLc1 futures gained 2.3%, or 75 cents, to $34.00 as of 0057 GMT. There was no WTI settlement on Monday because of the U.S. Memorial Day holiday. Brent crude LCOc1...

Gold declined on Monday as Japanese equities rose on news of a potential stimulus program that boosted investors risk appetite, though fresh tensions over Hong Kong limited the metals fall. Spot gold was down 0.5% at $1,726.18 per ounce by 0512 GMT. U.S. gold futures were fell 0.5% to $1,726.60. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is...

The dollar started the week slightly higher in Europe, albeit in modest volumes depressed by public holidays in the U.K. and U.S., against a backdrop of simmering tension between the U.S. and China. 5 AM ET (0745 GMT), the dollar index, which tracks the greenback against a basket of developed market currencies, was up 0.1% at 99.975, drifting to its highest in a week. Dollar gains were narrow...

Gold was down in Asia on Monday morning, with escalating U.S.-China tensions continuing to impact demand for even the safe-haven asset. Gold futures slid by 0.47% at $1,727.40 by 12:26 AM ET (5:26 AM GMT), with the yellow metal unable to hold onto its gains from the previous session. Stocks, which usually move in the opposite direction to gold, were mixed with Greater Chinese stocks suffering...

Gold declined on Monday as Japanese equities rose on news of a potential stimulus programme that boosted investors' risk appetite, though fresh tensions over Hong Kong limited the metal's fall. Spot gold fell 0.4% to $1,728.06 per ounce by 02:52 GMT. U.S. gold futures were down 0.4% at 1,728.50. Gold on Friday rose as much as 0.8% to touch $1,739.51, before paring gains. Japan is considering...

PRECIOUS METALS
Gold Ticks Up On China-U.S. Tensions Over Hong Kong
Tuesday, 26 May 2020 14:01 WIB Gold ticked higher on Tuesday as brewing Sino-U.S. tensions over Hong Kong lifted demand for the safe-haven metal, though easing coronavirus-induced...
ENERGY
Oil Dips as U.S.-China Tensions Add to Nerves on Global Economy
Monday, 25 May 2020 08:31 WIB Oil edged lower as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in...
CURRENCIES
Dollar Dips As Virus Recovery Optimism Holds
Tuesday, 26 May 2020 09:18 WIB The dollar inched lower on Tuesday as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies, though...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.