Tag Archives: gold

Gold, oil, soar, US, Iran, trade, threats

Gold accelerates higher on fragile economic recovery hopes

08 August, 2020 11:15 pm 11:15 pm

NEW YORK (Reuters) – Gold extended its record-breaking run on Thursday, driven by expectations of more monetary response as surging virus cases continue to pummel the US economy. Spot gold hit an all-time high of $2,069.21 per ounce and was up 1% at $2,059.45 at 11:02 am EDT (1502 GMT). US gold futures also rose … Read More

Gold Dollar investors concerns pandemic shares

Gold shines on falling dollar, yields; pandemic cost concerns drag on share...

08 August, 2020 9:45 am 9:45 am

SYDNEY (Reuters) – Gold scaled a new high on Wednesday as a weaker dollar and falling bond yields burnished its safe-haven appeal, while shares were mostly lower as investors baulked at the ballooning cost of the coronavirus pandemic. Risk assets such as equities have surged in recent months on massive policy stimulus from central banks … Read More

Dolar gold market Fed

Dollar teeters, gold takes a breather as markets await Fed

07 July, 2020 8:25 am 8:25 am

SINGAPORE/NEW YORK (Reuters) – The US dollar hovered just above a two-year low on Wednesday, while stocks struggled, as growing worries about the U.S. economy had investors cautious and looking to Congress and the Federal Reserve for a boost. The Fed is expected to strike a dovish stance at its policy review later in the … Read More

Gold dollar dollar loses value scale

Gold hits record, gets more precious as dollar loses value

07 July, 2020 9:30 am 9:30 am

SYDNEY (Reuters) – Gold hurtled to record peaks on Tuesday before the sheer scale of its gains drew a burst of profit taking, which lifted the dollar from two-year lows and curbed early equity gains. The precious metal had stormed almost $40 higher at one point to reach $1,980 an ounce, only for a wave … Read More

euro gold embattled dollar Asian 21-month peak

Euro, gold on a high as the dollar breaks down

07 July, 2020 8:20 am 8:20 am

SYDNEY (Reuters) – Financial markets greeted Friday with a number of milestones as the euro celebrated a 21-month peak against an embattled dollar, while Asian equities paused short of a six-month top and gold neared its highest on record. For once, currencies have dominated trading as a deal on a European Union recovery plan shot … Read More

Inflation investors finally bark Gold

Inflation dog may finally bark, investors bet

06 June, 2020 7:10 pm 7:10 pm

LONDON (Reuters) – Gold, forests, property stocks, inflation-linked bonds – these are just some of the assets investors are pouring money into on the view that the recent explosion of government spending and central bank stimulus may finally rouse inflation from its decade-long slumber. With the world economy forecast to shrink 6% this year, it … Read More

Asian oil gold gold jump

Asia shares follow S&P 500 higher, oil and gold jump

05 May, 2020 9:19 am 9:19 am

SYDNEY (Reuters) – Asian shares were led higher by S&P 500 futures on Monday and oil prices hit a five-week peak as countries’ efforts to re-open their economies stirred hopes the world was nearer to emerging from recession. Summer weather is enticing much of the world to emerge from coronavirus lockdowns as centres of the … Read More

gold gold prices highest history prices per tola Pakistan local market international market

Gold price rises to the highest level in Pakistan’s history

02 February, 2020 4:15 pm 4:15 pm

KARACHI (92 News) – The prices of Gold rose to the highest level in Pakistan’s history after increasing Rs2000 per tola. According to the details garnered, Gold moved up by Rs 2000 reaching at Rs 96,300 per tola in the local market. Gold rose to the highest level in the country’s history, after raising Rs … Read More

gold scurry shares investors coronavirus world growth China

Shares drop, gold surges as investors scurry for safety

02 February, 2020 9:39 am 9:39 am

SYDNEY (Reuters) – Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East. South Korea put the country on high alert while the number of infections jumped … Read More

Gold, prices, increases, record high, Rs93,500, per tola

Gold price increases to record high of Rs93,500 per tola

02 February, 2020 9:53 pm 9:53 pm

ISLAMABAD (92 News) – The gold prices have increased to record high of Rs93,500 after gaining an increase of Rs920 per tola in a day. After an increase of US$17 per ounce in the international market, the gold rate has increased to US$1,637 per ounce. Gold prices hit their highest in seven years as investors … Read More

Stocks, gold and oil whipsawed as Iran strikes pushes Mideast to brink

01 January, 2020 10:01 am 10:01 am

SHANGHAI (Reuters) – Financial markets were roiled on Wednesday after Iran fired missiles at US forces in Iraq, sending Asian stocks and US Treasury yields sliding and sharply lifting oil prices as investors feared a wider conflict in the Middle East. Iran’s missile attacks on the Ain Al-Asad air base and another in Erbil, Iraq, … Read More

Gold, oil, soar, US, Iran, trade, threats

Gold, oil soar on US and Iran trade threats

01 January, 2020 3:28 pm 3:28 pm

LONDON (Reuters) – Tensions in the Middle East after the killing of a top Iranian general by the United States erased new year gains for a gauge of world shares on Monday as investors pushed safe-haven gold to a seven-year high, and oil jumped to its highest since September. The United States detected a heightened … Read More

Asian shares, trade, Christmas, investors, currency, us, gold, fraction, pound

Asia stocks digest meaty gains, sterling starved for love

12 December, 2019 8:13 am 8:13 am

SYDNEY (Reuters) – Asian shares snoozed near 18-month highs on Friday as trade thinned in the run-up to Christmas and investors seemed content to digest the chunky gains already made so far this month. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was a fraction firmer in early trade, having gained 1.2% for the … Read More

Cycling, Dennis, cloud of doubt, win, gold, again

Cycling: Dennis emerges from cloud of doubt to win gold again

09 September, 2019 4:45 pm 4:45 pm

HARROGATE, England (Reuters) – Australian Rohan Dennis admits he has been in a dark place since going AWOL at this year’s Tour de France but he emerged from a cloud of self-doubt to win the UCI Road World Championships time trial on Wednesday for a second successive year. The 29-year-old, riding a matt-black black bike … Read More

Ghilaf-e-Kaaba, hajj,

Ghilaf-e-Kaaba changing ceremony held in Makkah

08 August, 2019 10:17 am 10:17 am

MAKKAH (92 News) – The annual ceremony to change the Ghilaf-e-Kaaba held in early morning on Saturday in Saudi Arabia, where millions of Muslims have gathered to perform the Hajj. According to the details garnered, the new cover has been prepared with estimated 120 kg pure gold, 100 kg silver and 670 kg silk fiber. … Read More