Gold heads for first weekly gain in 4 as attention shifts to Fed Investing.com – Gold prices headed lower on Friday as a stronger dollar dented demand for the precious metal, but it was still on track for its first weekly climb in four as investors recentered their attention […] Click here to view original web page at finance.yahoo.com
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Precious metals made gains this week after the US dollar hit a wall and tumbled due to a variety of geopolitical concerns, such as the ongoing US/China tariff tit-for-tat and the looming threat of a third Fed hike next week. Both gold and silver made gains early Friday morning […] Click here to view original web page at investingnews.com
Gold prices traded higher on Thursday Investing.com – Gold prices traded higher on Thursday, after rising in the previous session, as the dollar weakened amid easing trade concerns between the U.S. and China. Gold futures for December delivery gained 0.17% to $1,210.40 per troy ounce at 1:00AM ET (05:00 […] Click here to view original web page at finance.yahoo.com
Gold ’s breakout from its sideways trading pattern may well dictate which direction the precious metal travels for the rest of the year, says veteran futures trader Ira Epstein. Since bottoming at $1,167.10 an ounce on Aug. 16, Comex December gold rallied but then stalled, leaving the market sideways, […] Click here to view original web page at www.kitco.com
Copper prices inched higher in tandem with other metals on Wednesday, helped by a weaker dollar as investors weighed the latest moves in the trade battle between the U.S. and China. The price of copper was up 0.2% at $6,096 a metric ton in late morning trade, after gaining […] Click here to view original web page at www.hellenicshippingnews.com
Gold prices were slightly higher on Wednesday Investing.com – Gold prices were slightly higher on Wednesday as the dollar softened following the latest trade news. Gold futures for December delivery gained 0.5% to $1,208.70 per troy ounce at 2:00AM ET (06:00 GMT) on the Comex division of the New […] Click here to view original web page at finance.yahoo.com
But some analysts said the U.S. applying a 10% duty on Chinese imports starting Sept. 24 was a more measured response than expected. Some had projected a 25% duty, but the Trump administration said the fresh tariffs will only rise to that level at the end of the year. […] Click here to view original web page at www.wsj.com
Global equity markets have barely blinked after the Trump administration imposed a 10% tariff on $200 billion products imported from China; however, currency analysts at Brown Brothers Harriman say that markets are too sanguine on the potential risks of the ongoing trade war. They note that along with China, […] Click here to view original web page at www.kitco.com
* Trump imposing 10 pct tariffs on $200 bln goods from China * Expectations of higher U.S. interest rates also pressure gold * GRAPHIC-2018 asset returns: (Updates throughout, changes dateline from BENGALURU) LONDON, Sept 18 (Reuters) – Gold prices fell on Tuesday as the dollar firmed after China said […] Click here to view original web page at www.kitco.com
( Kitco News ) – A healthier gold market environment will work in favor of one of the biggest PGM under-performers of the year — platinum, according to TD Securities, which sees the metal’s price hitting $1,100 by the end of 2019. “Platinum should see better days ahead as […] Click here to view original web page at www.kitco.com
It took a little longer than expected, but precious metals trading company A-Mark completed a $100 million offering of bonds backed by a revolving pool of loans secured by precious metals as well as some of its own inventory of cash and gold, silver, platinum, and palladium. The transaction, […] Click here to view original web page at asreport.americanbanker.com
(Updates prices) * Spot gold heading for first weekly gain in three * SPDR Gold holdings fell 0.4 pct on Thursday * Platinum off 1-month high touched on Thursday * Dollar index hits fresh 6-week low By Sethuraman N R BENGALURU, Sept 14 (Reuters) – Gold rose on Friday […] Click here to view original web page at uk.reuters.com