Gold fell to over one-month lows on Thursday as the dollar rose on expectations of a U.S interest rate hike in December.
*Silver hits lowest since Aug. 16. at 0607 GMT, after hitting its lowest since Aug. 16 earlier in the session, as strong U.S economic data took sheen off the yellow metal. In the latest development on North Korea, France's foreign minister on Wednesday urged U.S.
at 0501 GMT after it hit its lowest since Aug. 25 earlier in the session. "In the near term, we're still looking at interest rates for direction," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong. "There is a 75 percent chance for a rate hike in December now and unless North Korea does something, I think gold will be under pressure."
Trump’s aggressive rhetoric toward North Korea raises these questions about his goals, says National Review's David French
LONDON, Sept 27- Gold hit a month low on Wednesday, adding to its biggest one day loss in almost two years the previous session on rising expectations the U.S. currencies after Federal Reserve chief Janet Yellen said. Spot gold sank 0.5 percent to $1,287.19 per ounce by.
North Korea has been trying to arrange meetings with Republican-linked analysts in Washington to better understand President Trump and his messages, the Washington Post reported.
LONDON, Sept 27- Gold slid further on Wednesday, adding to its biggest loss in almost two years the previous session on rising expectations the U.S. currencies after Federal Reserve chief Janet Yellen said. Spot gold fell 0.3 percent to $1,290.31 per ounce by.
Gold hit a month low on Wednesday, a day after its biggest single-day loss in almost two years.
Secretary of State Rex Tillerson will visit China this week for talks that will include the crisis over North Korea's nuclear and missile programs and trade, the State Department said on Tuesday. Tillerson's trip, from Sept. 28 to 30, will also lay the groundwork for President Donald Trump's visit to China in November, State Department spokeswoman Heather...
Sept 27- Gold inched lower on Wednesday, weighed down by a stronger dollar amid prospects for a December interest rate hike in the United States and ahead of the unveiling of a tax plan by Donald Trump's administration. Federal Reserve Chair Janet Yellen that the central bank needed to continue gradual rate hikes despite broad uncertainty about the path of...
Most indexes in Asia closed mixed as investors digested Federal Reserve Chair Janet Yellen's overnight speech.
North Korean officials' outreach started before the most recent war of words with the U.S. president, the Washington Post reported Tuesday.
Federal Reserve Chair Janet Yellen, while lingering North Korea worries supported prices. Spot gold inched 0.1 percent higher to $1,294.89 per. "Gold lost what it gained on North Korea since Friday after Yellen's comments, said Yuichi Ikemizu, Tokyo branch manager at ICBC Standard Bank."
*Spot gold rose 0.1 percent to $1,294.62 per ounce at 0108 GMT. *President Donald Trump warned North Korea on Tuesday that any U.S. military option would be "devastating" for Pyongyang, but said the use of force was not Washington's first option to deal with the country's ballistic and nuclear weapons program. *Sula Iron& Gold, a London- listed mining firm focused on...
*Asian shares, ex Japan, hold near 3- week lows. Markets were put on notice by Federal Reserve Chair Janet Yellen who used a Tuesday speech to warn it would be "imprudent" to keep policy on hold until inflation is back to 2 percent. "Fed chair Janet Yellen was the highlight though," said Chris Weston, Melbourne- based Chief Market Strategist, IG.
Commerce Secretary Wilbur Ross praised China's actions to pressure on North Korea on Wednesday and repeated calls for Beijing to implement fair trade practices.
Norman Chan, CIO, Oreana Private Wealth, says Asia could be a beneficiary from U.S. tax cuts that would boost demand from goods from the region.
U.S. Secretary of Commerce Wilbur Ross says it was a big deal for the People's Bank of China to tell Chinese commercial banks to implement UN sanctions against the North.
Secretary of State Rex Tillerson will visit China this week for talks that will include the crisis over North Korea's nuclear and missile programs and trade, the State Department said on Tuesday. President Donald Trump warned North Korea on Tuesday that any U.S. military option against North Korea would be "devastating" for Pyongyang, but said the use of force...
Despite elevated tensions, the U.S. has not detected any unusual military activity by North Korea, the nation's top general said Tuesday.