Gold prices held steady on Friday after Britain managed to eke out a deal for its exit from the European Union, lifting risk appetite, while a sluggish dollar provided support to the metal. Spot gold was unchanged at $1,491.62 an ounce as of 00:57 GMT. U.S. gold futures shed 0.2% to $1,495.40 per ounce. Asian shares inched higher following Britain's deal with the European Union, with MSCI's broadest index of Asia-Pacific shares outside Japan up 0.1%. The dollar slipped to a near eight-week low in the previous session, keeping gold prices propped up. European Union leaders unanimously...

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Gold declined for a second day as optimism over the outcome from trade talks between the U.S. and China spurred appetite for risk, with global equities rising. Palladium motored to another record. Spot gold -0.2% to $1,282.96/oz at 8:09am in London, after -0.3% Tuesday: Bloomberg generic pricing. In other precious metals, Silver -0.2%, Platinum +0.6% and...

Oil prices rose by around 1 percent on Wednesday, extending gains from the previous session on hopes that Washington and Beijing may soon resolve trade disputes that have cast a dark shadow over the global economy. U.S. West Texas Intermediate (WTI) crude oil futures were at $50.38 per barrel at 0713 GMT, up 60 cents, or 1.2 percent, from their last settlement. That marked the first time this...

The dollar eased against some of its peers on Wednesday, as hopes of progress in the Sino-U.S. trade dispute boosted commodity-linked and riskier currencies. Increased risk appetite helped lift the Australian dollar after U.S. government officials said that trade talks between China and the United States will continue for an unscheduled third day on Wednesday. The Aussie rose 0.2 percent to...

Gold held steady on Wednesday as a surge in risk appetite on hopes of a Sino-U.S. trade deal offset support from expectations of a pause in U.S. Federal Reserve rate hikes. Spot palladium, meanwhile, notched up a new record high on Wednesday at $1,330 per ounce due to tight supplies. Spot gold was little changed at $1,285.62 by 00:41 GMT. U.S. gold futures were also steady at $1,286.70 per...

Oil rose back above $50 a barrel for the first time in three weeks as U.S. negotiators touted progress in trade talks with China and investors gained faith that OPEC will shrink output. Futures extended gains in early Asian trading Wednesday after advancing 2.6 percent in New York. Talks with China are 'going very well,' U.S. President Donald Trump said in a tweet as the...

PRECIOUS METALS
Gold steady as Brexit deal lifts stocks, pressures dollar
Friday, 18 October 2019 08:47 WIB Gold prices held steady on Friday after Britain managed to eke out a deal for its exit from the European Union, lifting risk appetite, while a...
ENERGY
EIA: US crude oil stocks increased by 9.3 million barrels
Thursday, 17 October 2019 22:12 WIB The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US increased by...
CURRENCIES
Sterling holds gains near five-month top on Brexit deal, but hurdles remain
Friday, 18 October 2019 07:48 WIB The British pound traded near a five-month high against the dollar and the euro after British Prime Minister Boris Johnson and European Union...

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