Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade tensions weighed on the...Energy Commoditiesread more
U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
Wall Street is under pressure, but a handful of stocks are breaking out to new highs. McDonald's, Waste Management, Hershey, Visa and Costco have notched records this month,...Trading Nationread more
No timetable has been set on returning the money to outside investors in Tepper's Appaloosa Management, source says.Hedge Fundsread more
Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked "nationalist sentiment," according to South China Morning Post.Marketsread more
Celebrity chef Mario Batali is being charged with indecent assault and battery, more than a year after admitting to sexual misconduct.Restaurantsread more
Despite recent falls in the price of gold, now may be the time to add exposure to the precious metal thanks to demand from Asia, experts suggest.
Gold prices performed well earlier through 2016, hitting a two-year high of $1,366 per ounce in July this year, but have since slumped. Prices are down 6 percent over the past two weeks and finished around $1,254 at the end of Monday trading. Year-to-date, gold prices are up 18 percent.
However, many are seeing this as a price correction, which may be a good opportunity for investors looking to add exposure to the yellow metal and build more favourable positions.
According to experts at UBS, gold is trading above its 200-day moving average and pent-up demand in China may prove beneficial.
"We think that the recent price correction and sizeable decline in positioning improves the risk-reward for gold, allowing those who are looking to build longer-term gold exposures to build positions at better levels," said Joni Teves, a UBS strategist, in a research note.
"Given cross-currents of factors and risks, we think there is room for investors to be patient in terms of timing the rebuilding of gold positions from here."
The main reason for gold's recent slip is the rising strength of the dollar, as well as strong yields on U.S. bonds.
But several factors are set to boost gold prices into the end of the year.
"With India as one of the world's largest gold consumers approaching the festive season, we are optimistic that a surge in demand will push the market prices internationally," said chief executive and Founder of Sun Global Investments, Mihir Kapadia, in a press release.
"Other international factors we are taking into consideration include the US Presidential elections and the Fed interest rates where Gold and the dollar can rally."
On the other hand, some remain bearish about the prospects of gold.
"In the longer term, prices are on a gradual downtrend reflecting the fading of safe-haven demand on the back of slowly receding growth risks and contained inflationary pressures. In the short term, prices fluctuate with the US dollar and shifting expectations about the next interest-rate hike," warned Norbert Rücker, head of commodities research at Julius Baer, in a note.
"The lack of safe-haven buying, the risk of profit taking on futures markets and the outlook for a stronger U.S. dollar suggest further pressure on gold and we thus maintain a cautious view."
Follow CNBC International on and Facebook.