country flagالعربية
0
0

Gold prices record slight gains in the end of weekly trading

2019-08-30 10:53 am | Resource: News | No Views : 15

 Gold prices record slight gains in the end of weekly trading

 Gold prices fell as a safe haven on Friday after China and the United States signaled the possibility of resuming trade talks between the two sides.

Wall Street continues to rise ahead of the market, as the Dow rose more than 150 points

US stocks extended their strong performance in the pre-Friday market as investors remained optimistic about trade negotiations between China and the United States. BEIJING (Reuters) - Chinese and US teams leading the trade negotiations have "maintained effective communication" and hope the latter will meet "halfway" to resolve their trade dispute, the Ministry of Commerce said.

China hopes to meet the United States halfway

Chinese and Chinese teams leading the trade negotiations "have maintained effective communication," Chinese Ministry of Commerce spokesman Gao Feng told the press Friday.

China strongly protested the imposition of surcharges on Chinese imports and hoped that Washington would meet Beijing "halfway" and resolve the trade dispute "on the basis of equality and mutual respect," the spokesman said. He said that the two sides are currently discussing their next meeting, which is supposed to be held in the United States in September, noting that it is important to create the necessary conditions for the two sides to resume discussions.
  • The Dow rose 0.63% or 167 points.
  • The Nasdaq 100 rose 0.71%.
  • The S&P 500 rose 0.65%, all at 12:05 CET.

 The US dollar index, which tracks the performance of the greenback versus a basket of currencies, was up 0.09% to trade at 98.55 points.

Gold Trading
  • Yellow metal futures rose marginally 0.16%, or $ 2.5, to $ 1,539.4 an ounce, at 09:36 am CET.
  • Spot delivery settled at $ 1528.59 an ounce, with prices heading for a slight weekly loss of 0.1%.


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 doubts.TradingPekk.com 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.