country flagالعربية

Gold held steady after the sharp decline in yesterday session

2019-06-11 09:04 am | Resource: NEWS | No Views : 107

Gold held steady after the sharp decline in yesterday session

Gold prices have stabilized after yesterday's first loss in nine sessions, as investors awaited developments on the trade dispute between the world's two largest economies.

US stocks rise for futures, Dow 100 points, focus on trade tensions

Markets in the US were trading in the Green Zone during pre-market trading on Tuesday, with the Dow up 100 points as investors digested the latest trade news between Washington and Beijing.

As US President Donald Trump prepares to impose additional tariffs on Chinese goods if progress is not made in trade talks with the Chinese president at the G20 summit this month. While the Chinese Foreign Ministry said earlier that Beijing does not want a trade war with the United States, although it is not afraid of one, but warned that if "insisted" Washington on the escalation of trade tensions, China will respond "with firm determination."

US 10-year bond yields rose by 5.9 basis points to 2.143%. Two-year bond yields rose by 4.7 cents to 1.900 percent, while the yield on 30-year Treasury bonds rose by 5.4 cents to 2.623 percent.
  • The Dow Jones Industrial Average rose 0.39%
  • The S & P 500 rose 0.42%
  • And the Nasdaq 100 rose 0.69% at 10:37 am.

 At the same time, the dollar index, which measures the performance of the greenback against a basket of six currencies, has stabilized at 96.7 points. The euro rose 0.04% against the US dollar to go at 1.1315 at 10:38 CET.

Precious metals trading
  • Gold futures settled for August delivery at $ 1330.6 an ounce at 9:32 am Mecca time,
  • Instant delivery fell marginally 0.15% to $ 1326.05. At 09: 333 am Mecca time,

Other analysis

Best Opportunities, Vision and Technical Analysis for The Oil 17 April 2019

(CURDE OIL - WTI ) We offer you oil analysis denominated by US dollar on Wednesday, April 17, 2019, with the most important forecast for the price of oil denominated by US dollars in the market. Time frame Used - four hours Oil is moving in a sideway direction in the near term. The purchasing power managed to push oil higher to close at the end of trading today, rising…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.