Gold prices on Thursday eased from the last session™s two-week high after a report that China has invited top U.S. negotiators for a new round of face-to-face talks, and is seeking to reach an initial trade agreement with the United States. Spot gold declined by 0.2% to $1,468.09 per ounce. Prices had notched a two-week high of $1,478.80 in the previous session, before turning negative, after the U.S. passed a bill supporting Hong Kong anti-government protesters. U.S. gold futures were flat at $1,473.70 per ounce. China will strive to reach an initial trade agreement with the United...

Read more

RECENT NEWS

Oil dropped for a second day on indications U.S. crude stockpiles and shale output will continue expanding, while investors wait for news on a breakthrough to the prolonged trade war. Futures declined as much as 0.4% in New York after falling 1.2% on Monday, the most since Nov. 6. American crude inventories probably rose by 1.5 million barrels last week, according to a Bloomberg...

The dollar nursed losses against major currencies on Tuesday as receding hopes for a preliminary trade deal between the United States and China hurt demand for the greenback. There have been high expectations that the United States and China would sign a so-called œphase one deal some time this month to scale back their 16-month long trade war. However, the dollar took a hit on Monday...

Oil futures settled lower on Monday, after posting back-to-back weekly gains on rising hope for a so-called phase-one U.S.-China trade deal. West Texas Intermediate crude for December delivery fell 67 cents, or 1.2%, to settle at $57.05 a barrel on the New York Mercantile Exchange, while January Brent crude lost 86 cents, or 1.4%, at $62.44 a barrel on ICE Futures Europe. Both crude benchmarks...

Gold was back on track to being a hedge to the trade war on Monday after talk of Beijings anxiety over President Donald Trumps impeachment proceedings pricked the prospective U.S.-China trade bubble. Both bullion and futures of gold recovered from their Friday dip to attempt a return to the $1,480 mark and the bigger $1,500 target as a risk-off mode prevailed across markets. Wall Street...

The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed. The report, which cited government sources, said the bleak outlook was due to U.S. President Donald Trumps reluctance to roll back tariffs. China has been pushing for the two sides to remove tariffs as they work on a phase one trade deal. Trump has said that he has not...

Gold prices edged down on Monday as optimism grew about U.S.-China trade ties following a report of œconstructive talks over the weekend, while losses were capped by a softer dollar. Spot gold was down about 0.3% to $1,463.40 per ounce at 0732 GMT, while U.S. gold futures were 0.4% lower at $1,462.90. Chinese state media Xinhua reported Washington and Beijing had a high-level phone call...

Oil prices inched higher on Monday, extending steady gains from the previous week, with investors awaiting fresh clues over prospects for a trade deal between the United States and China and shrugging off concerns over steadily rising oil supplies. Brent crude futures were up 11 cents, or 0.2%, to $63.41 a barrel at 0751 GMT. The contract rose 1.3% last week. West Texas Intermediate (WTI)...

Gold declines after a narrow weekly advance as investors awaited fresh developments on the trade front and weighed data that showed a drop in holdings in bullion-backed exchange-traded funds. Spot gold -0.2% to $1,465.50/oz at 7:01am in London; +0.6% last week. Bloomberg Dollar Spot Index flat after -0.2% last week. U.S. and Chinese negotiators held œconstructive...

PRECIOUS METALS
Gold Declines as China Invites US Officials For Talks, Lifts Market Sentiment
Thursday, 21 November 2019 19:59 WIB Gold prices on Thursday eased from the last session™s two-week high after a report that China has invited top U.S. negotiators for a new round of...
ENERGY
Oil drops as U.S.-China standoff extends beyond trade
Thursday, 21 November 2019 18:24 WIB Oil prices edged lower on Thursday as fresh tensions between the United States and China over protests in Hong Kong fueled concern that a deal to...
CURRENCIES
Japan's yen gains, yuan down on trade woes, Hong Kong strife
Thursday, 21 November 2019 16:34 WIB The Japanese yen firmed against the dollar on Thursday after sources close to the White House told Reuters that a U.S.-China trade deal is unlikely...

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.