by dellons | May 21, 2020 | Business News
Gold fell more than 1 per cent overnight as investors booked profits from recent rallies and some switched to the safety of cash driven by growing US-China trade tensions and doubts about an economic recovery. Spot gold was down 1.5 per cent to $US1,722.78 per ounce...
by dellons | May 20, 2020 | Business News
Wall Street’s main indexes have surged and the Nasdaq has hit a three-month high as investors clung to hopes of a recovery from a coronavirus-fuelled slump amid signs of more stimulus for ailing sectors. The tech-heavy index, now about 5.0 per cent below its...
by dellons | May 12, 2020 | Business News
Gold rose overnight on expectations of more stimulus from the US Federal Reserve to support an economy battered by coronavirus-induced restrictions, while an easing US dollar lent further support. Spot gold rose 0.3 per cent to $US1,701.44 per ounce by 1751 GMT. US...
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 | May 10, 2020 | Business News
Gold traders have seen prices ease from the highest point in nearly two weeks as investors grew hopeful about economies reopening after COVID-19 lockdowns. Spot gold fell 0.8 per cent to $US1,704.53 per ounce by 1831 GMT after hitting $US1,722.56, its highest price...
