Gold rallies 1.6% to ten-month peak
Economies.com
2019-02-19 18:22PM UTC
Gold rose today as dollar dips while uncertainty spreads on US-China trade talks.
President Trump said he'd be happy to cancel tariffs if a deal is reached with China, adding his administration is nearer that goal than ever.
Chinese President Xi Jinping also said the talks will carry on in Washington this week, hoping for an agreement soon before the truce deadline in early March.
However markets still don't see noticeable results despite the positive remarks, spreading doubts.
Ad of 18:09 GMT, the dollar index shed 0.3% to 96.4, with an intraday high at 97.09, and a low at 96.4.
Gold rose 1.6% to $1,343.2 an ounce, a ten-month peak, with a session-low at $1,323.8.
Commodities News
Commodities
Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Commodities
US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Commodities
Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...
Commodities Technical Analysis
Commodities
Wheat price achieves more gains – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Wheat Price Analysis Wheat price rallied upwards yesterday to succeed achieving our new waited ...
Commodities
Soybean price approaches the target – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Soybean Price Analysis Soybean price rebounds bearishly after approaching our waited target at ...
Commodities
Corn price under the negative pressure – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Corn Price Analysis Corn price managed to break 449.20$ level and approaches to retest the ...