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Tuesday, June 25, 2019

Tag: gold

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.

Gold rebounds, heads for fifth monthly gain as dollar retreats

Analysts say that gold prices will rise against the weakening dollar due to the limited US growth prospect.

Brexit causing British Open golf organisers major headaches

Uncertainty over the backstop to retain an open border on Ireland is the main cause for concern.

Palladium retraces after breaching US$1,550

The metal has risen more than 21% so far this year on a sustained supply deficit.

Gold prices rise on trade talk optimism, Fed stance limits gains

The dollar index against a basket of six major currencies is set to decline about 0.3% this week, which could be its biggest weekly fall in a month.

Gold falls off 10-month peak after Fed stance; palladium retreats

Price of gold, palladium, silver and platinum see decreases across the board.

Gold off 10-month peak as Fed minutes support dollar

Investors are keeping a close eye on talks to end a trade dispute between China and the United States.

Palladium breaks US$1,500 barrier in record run; gold rises

Supply deficit is likely to widen this year as stricter emissions standards increase demand for catalytic converters.

Palladium soars to record high on supply deficit, gold gains

The deficit in the palladium market will widen dramatically this year as stricter emissions standards increase demand.

Gold rises as weak US data supports Fed pause hopes

Spot gold rose 0.3% to $1,316.66 per ounce by 1036 GMT, on course for a small weekly gain.

Gold gains as dollar stalls on US-China trade talks

Spot gold was up 0.4% at $1,313.81 an ounce at 1307 GMT after falling 0.4% in the previous session.

Gold holds steady on global growth concerns

Investors are looking ahead to trade talks between Beijing and Washington this week with a delegation of US officials travelling to China for the next round of negotiations.