Silver futures fell nearly one percent in Asian trade off November 5 highs for another session as the dollar index climbed off November 22 lows, while the US market shuts down for the official holiday declared by President Donald Trump in honor of late President George H.W. Bush. 

As of 05:45 GMT, silver futures due in March fell 0.72% to $14.54 an ounce away from month highs, while the dollar index rose 0.19% to 97.15 away from two-week lows. 

US three-year treasury bond yields rose over 5-year ones, while long-term yields fell, in a sign of potential recession and economic instability as investors fret over the unclear details regarding the US-China trade agreement reached recently between Presidents Donald Trump and Xi Jinping. 

Global stocks were thus hit by market uncertainty, in turn buoying gold as a safe haven to five-month highs yesterday before slipping today on profit-taking. 

A scheduled Congress testimony by Fed Chair Jerome Powell was delayed to today after President Donald Trump declared Tuesday an official holiday in honor of late President George H.W Bush. 

Later this week, Powell will speak about the economy and rural America at the Housing Assistance Council's annual event, in Washington DC, while the payrolls report is expected to show no change in the unemployment rate at 3.7%. 

Gold futures fell in Asian trade off July 13 highs for another session as the dollar index climbed off November 22 lows, while the US market shuts down for the official holiday declared by President Donald Trump in honor of late President George H.W. Bush. 

As of 04:59 GMT, gold futures due in February fell 0.53% to $1,240.00 an ounce off five-month highs, while the dollar index rose 0.16% to 97.12 off two-week lows. 

US three-year treasury bond yields rose over 5-year ones, while long-term yields fell, in a sign of potential recession and economic instability as investors fret over the unclear details regarding the US-China trade agreement reached recently between Presidents Donald Trump and Xi Jinping. 

Global stocks were thus hit by market uncertainty, in turn buoying gold as a safe haven to five-month highs yesterday before slipping today on profit-taking. 

A scheduled Congress testimony by Fed Chair Jerome Powell was delayed to today after President Donald Trump declared Tuesday an official holiday in honor of late President George H.W Bush. 

Later this week, Powell will speak about the economy and rural America at the Housing Assistance Council's annual event, in Washington DC, while the payrolls report is expected to show no change in the unemployment rate at 3.7%. 

Australian dollar fell off August 9 highs for the third straight session against its US counterpart, following earlier GDP data from Australia while the US market shuts down for the official holiday declared by President Donald Trump in honor of late President George H.W. Bush. 

As of 03:59 GMT, AUD/USD shed 0.52% to 0.7300, with an intraday low at 0.7295, and a high at 0.7356. 

Earlier Australian data showed an index tracking the services sector rose to 55.1 from 51.1, while GDP growth slowed down to 0.3% in the third quarter from 0.9%, missing estimates of 0.6%. 

On a yearly basis, growth clocked in at 2.8%, down from 3.1%, while Reserve Bank of Australia's policymakers voted to maintain interest rates at 1.5% for the 26th meeting in a row. 

The Dubai Financial Market signed a MoU with Awqaf and Minors Affairs Foundation, with the aim of enhancing cooperation and streamline joint procedures with regard to securities endowment and strengthen he efforts of the two entities.

Under the MoU, DFM will issue a national investor number (NIN) to AMAF for the purpose of transferring securities from investors’ accounts to the endowment account, thus enabling the foundation to manage endowment securities as well as receive cash dividends from such securities through bank transfer.