Investing.com - Gold prices rose on Friday as the dollar hovered near three year lows amid fears over the prospect of a U.S. government shutdown, but the precious metal still ended the week slightly lower.Gold futures for February delivery settled up 0.29% at $1,331.10 on the Comex division of the New York Mercantile Exchange.For the week, the precious metal dipped 0.13%, snapping five weeks of ga...Read More
Jan 19 (Reuters) - Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA (NS:ICRA)) for local debt instruments as of January 18, 2018. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) ------------------------------------ - SHORT TERM RATINGS: ------------------- Accord Plus Ceramics Pvt LtdNon-fund Based - BG ICRA A42.3Reaffirmed Bg Fastening And EngineeringST fund...Read More
(Bloomberg) -- U.S. stocks dipped one day after racing to all-time highs. The yield on 10-year Treasuries climbed above 2.6 percent for the first time since March, while the dollar failed to hold the previous day’s gain.Most major equity gauges were lower, led by weakness in real estate, energy producers and household products makers. The move in Treasuries came as the possibility of a gover...Read More
Investing.com - Gold prices edged lower for the first time in six sessions in early dealings on Thursday, moving away from its strongest level in around four months as investors kept an eye on upcoming U.S. data to gauge if the world's largest economy is strong enough to withstand multiple rate hikes in 2018.Comex gold futures were at $1,328.80 a troy ounce by 3:10AM ET (0810GMT), down around $11....Read More
Investing.com - Gold prices fell in Asia on Thursday in profit taking and after a mild dollar rebound overnight.Gold futures for February delivery on the Comex division of the New York Mercantile Exchange fell 0.84% to $1,327.90 a troy ounce. Copper fell 0.03% to $3.191 a pound. The US dollar index rose 0.47% to 90.65.Overnight, gold prices remained close to four-month highs on Wednesday amid expe...Read More
* European shares fall 0.2 pct as trading updates disappoint* Resource shares lead losses in Asia as oil dips* Dollar weak, euro near 3-year high vs dollar (Updates with U.S. market open, changes byline, dateline; previous LONDON)By Chuck MikolajczakNEW YORK, Jan 17 (Reuters) - World shares inched higher on Wednesday, with Wall Street advancing as technology shares rebounded from declines in the p...Read More
* European shares fall 0.2 pct as trading updates disappoint* Resource shares lead losses in Asia as oil dips* Dollar weak, euro near 3-year high vs dollar* Bitcoin hits 6-week low after 16 pct fall previous day* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Ritvik CarvalhoLONDON, Jan 17 (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day...Read More
Investing.com - Gold prices edged lower in early dealings on Wednesday, backing off its strongest level in around four months as the U.S. dollar moved higher against a currency basket.A stronger U.S. dollar usually weighs on gold, as it dampens the metal's appeal as an alternative asset and makes dollar-priced commodities more expensive for holders of other currencies.Comex gold futures were at $1...Read More
* Dow tops 26,000 but Wall Street gives up gains* Dollar holds near three-year lows* Oil, copper drop after rally (Updates with U.S. market close, oil settlement prices)By Chuck MikolajczakNEW YORK, Jan 16 (Reuters) - World stock markets slipped on Tuesday, giving back early gains as Wall Street pulled back from initial highs after a decline in oil and metals dragged energy and materials stocks lo...Read More
* Dow tops 26,000 but Wall Street gives up gains* Dollar holds near three-year lows* Oil, copper drop after rally (Updates with European market close)By Chuck MikolajczakNEW YORK, Jan 16 (Reuters) - World stock markets edged lower on Tuesday, giving back earlier gains as Wall Street retreated from initial highs as a decline in oil and metals weighed on the energy and materials sectors.Wall Street...Read More
* Dollar recovers a day after hitting three-year low* Palladium slips below Monday's record high* GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl (New throughout, updates prices, market activity and analyst comments, adds second byline and NEW YORK dateline)By Renita D. Young and Jan HarveyNEW YORK/LONDON, Jan 16 (Reuters) - Gold slipped on Tuesday from the previous day's four-month high, ref...Read More
(Bloomberg) -- After a non-stop rally, metals prices are starting to pull back.Copper, aluminum and nickel slid more than 2 percent on Tuesday as investors focused on the rebounding dollar and evidence of ample supply in the physical market. Precious metals also retreated, with silver falling as much as 3.2 percent.“We’ve had a significant rally across base metals, and it’s hard...Read More
* Main European bourses open 0.1-0.3 pct higher* Nikkei rallies 1 pct, touches highest since Nov 1991* Euro close to more than 3-year peak on ECB tapering hopes* Industrial metals see biggest tumble in 8 weeks* Bitcoin and other cryptocurrencies slump 18-30 pct* Wall Street set to rise after being closed on MondayBy Marc JonesLONDON, Jan 16 (Reuters) - Asia and Europe's big bourses kept world shar...Read More
Investing.com - Gold prices held near their highest level in around four months in early dealings on Tuesday, supported by a weaker U.S. dollar languishing near three-year lows.Dollar weakness usually benefits gold, as it boosts the metal's appeal as an alternative asset and makes dollar-priced commodities cheaper for holders of other currencies.Comex gold futures were at $1,339.40 a troy ounce by...Read More
Investing.com - Gold prices started the week on the front-foot on Monday, hitting their highest level since September as the dollar languished at three-year lows against a basket of currencies.Dollar weakness usually benefits gold, as it boosts the metal's appeal as an alternative asset and makes dollar-priced commodities cheaper for holders of other currencies.Comex gold futures were at $1,343.70...Read More
Investing.com - Gold prices rose for the third straight session on Friday to hit fresh four month highs after hawkish European Central Bank minutes boosted the euro to multi-year highs against the dollar.Gold futures for February delivery settled up 1.19% at $1,338.30 on the Comex division of the New York Mercantile Exchange after rising as high as $1,340.00 earlier, the most since September 13.Fo...Read More
Investing.com - Gold prices inched lower in early dealings on Thursday, as the dollar recovered against major rivals after China's regulator called a report about Beijing slowing or halting of its U.S. bond buying possibly wrong.Comex gold futures were at $1,316.70 a troy ounce by 3:05AM ET (0805GMT), down $2.70, or about 0.2%, from the last session's closing price.Gold prices settled higher for t...Read More
Investing.com - Gold prices moved higher on Wednesday as the dollar dropped to one-and-a-half month lows against the yen amid speculation that the Bank of Japan could move to scale back its massive stimulus program later this year.Comex gold futures were trading at $1,315.20 a troy ounce by 04:59 AM ET (09:59 AM GMT), up around $2.00 or 0.14% from their last close, after losing around 0.7% on Tues...Read More
Investing.com - Gold prices fell on Tuesday, retreating further from last week’s three-and-a-half month highs as the dollar strengthened against the euro and as investors continued to bet on further rate hikes by the Federal Reserve this year.Comex gold futures were trading at $1,314.90 a troy ounce by 04:04 AM ET (09:04 AM GMT), down around $5.50 or 0.4% from their last close.The euro fell...Read More
Investing.com - Gold prices fell slightly in Asia on Tuesday even as a weaker dollar offered some support and Japan wages data showed a surprise upside.Gold futures for February delivery on the Comex division of the New York Mercantile Exchange dipped 0.05% to $1,319.70 a troy ounce. The US dolalr index fell 0.11% to 91.98.Japan reported average cash earnings for November jumped 0.9%, well above t...Read More