Gold futures climbed Thursday to mark their highest settlement in a week, buoyed by losses in global stock markets and expectations that the U.S. and China are headed for a prolonged trade dispute. June gold added $11.20, or 0.9%, to settle at $1,285.40 an ounce on Comex. Among other precious metals, silver rose 1.2% to $14.62 per ounce, while palladium edged 0.2% higher to $1,316.80. Platinum rose 0.2% to $800.52 an ounce, after touching the lowest since Feb. 15 at $791 earlier in the session. Source : MarketWatch

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Gold held recent declines as improved U.S. economic data boosted the dollar, leaving bullion little changed for the week despite ongoing trade concerns. Other precious metals extended weekly drops. After reaching a one-month high on Tuesday, gold has failed to hold those gains as the greenback climbed to the highest in three weeks. In the continuing trade spat, China signaled a lack of...

The British pound was hovering just above a four-month low early Friday in Europe, as fears about Brexit returned to haunt the currency after a month of relative calm. At 03:00 AM ET (07:00 GMT), sterling was at $1.2786, and had fallen to 1.1432 against the euro, on concerns that the U.K. may yet leave the EU without any sort of arrangements in place to cushion the transition. The pound...

Oil headed for its biggest weekly gain since early April as flaring tension in the Middle East took precedence over an escalating trade war between the worlds two biggest economies. Futures in New York gained as much as 0.8% Friday and are up 2.3% so far this week. Saudi Arabia on Thursday accused Iran of ordering a drone attack on its fuel pumping stations this week. President Trump is...

Gold extended its losses on Friday, following its biggest one-day percentage loss in a month in the previous session on a firmer dollar and as a strong U.S. data, corporate results boosted investor appetite for riskier assets. Spot gold was down 0.1% at $1,285.19 per ounce at 0101 GMT. U.S. gold futures were 0.1% lower at $1,285.10 an ounce. Gold fell 0.8% on Thursday, its biggest one-day...

Oil prices edged higher on Friday, extending gains into a fourth session as rising tensions in the Middle East stoked fears of potential supply disruptions. Brent crude futures were at $72.82 a barrel at 0024 GMT, up 20 cents, or 0.3%, from their last close. Brent closed up 1.2% on Thursday when prices hit a high of $73.36 a barrel - the highest since April 26. U.S. West Texas Intermediate...

PRECIOUS METALS
Gold futures settle at their highest in a week
Friday, 24 May 2019 01:22 WIB Gold futures climbed Thursday to mark their highest settlement in a week, buoyed by losses in global stock markets and expectations that the U.S....
ENERGY
Oil Set For Worst Week in 6 Months as Crude Stockpiles Surge
Thursday, 23 May 2019 18:32 WIB Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade...
CURRENCIES
U.S. Dollar Sustains Highs on Strong Labor Data, Fed Minutes
Thursday, 23 May 2019 23:29 WIB The U.S. dollar was near a one-month high on Thursday as an unexpected decline in the number of people filing for unemployment assistance last week...

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