by dellons | May 27, 2020 | Business News
Gold fell overnight to its lowest price in two weeks as the easing of coronavirus restrictions around the world fed optimism that the global economy could rebound. Spot gold eased 0.1 per cent to $US1,709.50 per ounce by 1707 GMT. The session low was 1,693.22, its...
by dellons | May 22, 2020 | Business News
US stock indexes have moved in a flat-to-low range as simmering Sino-US tensions weighed on markets struggling to gauge the pace of economic recovery from the coronavirus. US President Donald Trump’s rhetoric against China’s plan for a national security...
by dellons | May 12, 2020 | Business News
The S&P 500 has slipped in choppy trading as the risks of reopening the economy too soon overshadowed hopes of a jump-start to battered global markets, following an easing of virus-led business shutdowns. Among the 11 major sectors, financial stocks, which...
by dellons | May 11, 2020 | Business News
Gold prices retreated overnight as the dollar benefited from safe-haven buying driven by fears over a second wave of coronavirus infections. Spot gold was down 0.3 per cent at $US1,695.75 per ounce by 1743 GMT. US gold futures settled 0.9 per cent lower at $US1,698...
by dellons | Apr 30, 2020 | Business News
Copper prices eased overnight as a survey showed factory activity in its top consumer – China – unexpectedly shrunk, but hopes for higher metals demand curbed price falls. Lingering fears for a long recovery ahead for China pulled benchmark copper on the...
