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Friday, October 18, 2019

Tag: gold

Gold loses its lustre as higher prices keep China investors, shoppers...

Weakened yuan, reduced economic growth also dampen consumer sentiment.

Majestic Biles extends record to 25 world gymnastics medals

American wins 25th world meet medal, 2 more than 1990s men's star Vitaly Scherbo.

China adds nearly 100 tons of gold to its reserves

Amid a trade war with the United States, China adds almost 100 tons of gold to its reserves since resuming buying in December.

Gold gets driven toward US$1,600 as oldest haven shows its mettle

As the US-China trade war goes on, gold showed its mettle once again as a store of value for investors during times of crisis.

Buy gold ‘at any level’, says veteran investor as central bankers...

With the US Treasury market signalling that a recession may be on the horizon, investors have been swarming into bullion-backed exchange-traded funds.

Asia stocks climb but tensions linger

Concerns over a concurrent US-China trade war remain high, prompting a rush on safe-haven assets such as bonds, gold and the Japanese yen.

As trade war runs hot, China grabs more gold for reserves

Gold rallies to hit a six-year high.

Gold heads for the longest stretch of gains in 8 years

Gold is headed for the longest stretch of weekly gains since 2011 as investors count down to the release of a highly-anticipated US jobs report that could provide clues on the Federal Reserve’s interest rate path.

Asian markets and gold drop, dollar boosted on Fed rate worries

Asian equities suffer fresh losses, the dollar rises and gold retreats after top Federal Reserve officials dent hopes for a big interest rate cut next month, while traders also fret over this week's meeting between Trump and Xi.

Investors rush to havens on escalating US-Iran tensions

Investment havens such as gold and the Japanese yen are gaining attention, with the latter reaching a near six-year high.

Gold jumps to highest in 6 years

Investors are taking note, pouring into exchange-traded funds backed by gold and boosting net long positions in US gold futures and options.

Gold above US$1,400 on weak dollar and geopolitical, economic worry

Oil prices break US$1,400 a barrel to hit a near six-year high as the weaker dollar, economic concerns and geopolitical tensions saw investors pile into the safe-haven commodity.

Gold jumps to more than 5-year high as Fed signals ready...

Gold surges to the highest in more than five years after the US Federal Reserve indicated a readiness to cut interest rates.

Dr M moots currency backed by gold

He says this would be more stable than the current currency trading, which is manipulative.

Vietnam wants to make the leap from gold bars to credit...

Vietnam plans to make the leap from gold to credit cards in a bid to keep up with the global trend toward cashless transactions.

The ethical gold rush: Gilded age for guilt-free jewellery

Among the many certificates and standards claiming to codify 'responsible' goldmining, two labels, 'fairmined' and 'fairtrade', stand out.

Genneva gold investors can now make claims after court ruling, says...

However, they have to satisfy five criteria under Section 61 of the anti-money laundering law, says Fahmi Abdul Moin.

Russia is stocking up on gold as Putin ditches US dollars

Vladimir Putin's quest to break Russia's reliance on the US dollar has sparked a literal gold rush.

Gold rises on softer dollar, global uncertainties

Weak US data, Brexit and prevailing uncertainty around US-China trade appear to be holding gold prices up.

Gold hits 2-week high as investors seek refuge from Brexit chaos

The Brexit vote on Tuesday has given gold a bit of lift, said Quantitative Commodity Research analyst Peter Fertig.

Gold slips on strong US retail data, stocks recovery

Gold still has some impetus left, with concerns over the state of the global economy holding intact, according to analysts.

Gold breaks five-week low as market rally pauses

Gold prices rally after a more than five-week low.

Gold slips to 5-week low as trade deal hopes boost risk...

Gold tumbled 2.6% last week, its biggest weekly fall in over 1-1/2 years.

Venezuela removed 8 tons of central bank gold last week 

The gold was removed in government vehicles last week when there were no regular security guards present at the bank.