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Gold Parades Haven Status as Spike in Tensions Sets Off Tremors

Wednesday, 4 December 2019 15:39 WIB GOLD EMAS

After posting a steep loss in November, gold is reasserting itself as December opens. Bullion added to the biggest gain in more than a month as tensions between the U.S. and China flared up again and Washington picked trade fights in Europe and South America, hurting appetite for risk. The haven surged on Tuesday after President Donald Trump doused optimism that there'd be a quick trade deal with Beijing and said he's fine with equities declining. Traders also braced for retaliation from China after the U.S. House of Representatives approved legislation that would impose sanctions on Chinese officials over rights abuses against Muslim minorities. Spot...

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Energy

Oil futures ended on a mixed note Thursday, with U.S. prices settling unchanged for the session and global prices higher, as traders awaited a decision on output from major oil producers, following

Precious Metals

Gold futures finished higher Thursday, recouping much of the losses suffered a day earlier, as traders awaited monthly domestic employment data due at the end of the week, which may influence haven

CURRENCIES

Dollar Edges Lower Amid Mixed Messages on Trade
Thursday, 5 December 2019 15:21 WIB
The dollar edged lower against a basket of its rivals on Thursday as mixed messages on trade from U.S. President Donald Trump tempered hopes that China and the U.S. may soon reach an agreement to

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