Actualités des marchés

  • Market News - Gold Service

    10/17/2019 | Hawaii Six O - Gary Wagner Brexit Deal and Turkey-Syria Truce Limits Gains in Gold

    A combination of geopolitical events has dampened earlier gains in gold futures. The precious yellow metal traded to a high of $1501 per ounce before softening on the close. As of 4:10 PM EDT gold futures are currently trading up $1.50 on the day and fixed at $1495.60.

    Today Turkey agreed to stop its military action in Syria for the next five days which would allow the opposing Kurdish forces to withdraw to a “safe zone”, this according to Reuters.

    “The truce was announced by U.S. Vice President Mike Pence after...

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  • Market News - Gold Service

    10/07/2019 | China increases gold reserves by 5.9 tonnes in September

    For the tenth consecutive month the People’s bank of China (PBoC) has increased its gold reserves, once again establishing itself as a dominant force in the gold market.

    The latest data from the Chinese central bank, released over the weekend, shows that it bought 5.9 tonnes of gold in September, pushing its total gold holdings to above 100 tonnes. In total, the PBoC now holds 1,770 tonnes of gold.

    Meanwhile, the value of PBoC reserves in September totaled $3.1 trillion.

    Looking ahead,...

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  • Market News - Gold Service

    10/04/2019 | Gold prices struggling following mixed U.S. employment data; unemployment rate at new historic low

    Gold price are struggling Friday, following mixed reading in the latest U.S. jobs report.

    The Bureau of Labor Statistics said 136,000 jobs were created in September; meanwhile, according to consensus forecasts, economists were expecting to see job gains of 145,000.

    However, at the same time, the unemployment rate fell to a new historic low at 3.5%. Economists were expecting to see an unchanged reading at 3.7%. A sign of a healthy labor market, some economists noted that the unemployment rate fell because more people...

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  • Market News - Gold Service

    09/20/2019 | Gold Bars Gain 0.8% for the Week as US Strikes Afghans, Not Iran, Crude Oil Adds 6.7%

    GOLD BARS traded in London's wholesale market held at $1500 per ounce for the 4th session running on Friday, heading for their first weekly gain in four as crude oil pushed higher but world stock markets struggled.

    Still refusing to confirm or deny plans to strike Iran following last weekend's attacks on US ally Saudi Arabia's key oil facilities, Washington on Friday admitted to yesterday's drone attack in Afghanistan where 30 farmers were killed – "collateral damage" according to a spokesman in what was intended as an attack on ISIS...

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  • Market News - Gold Service

    09/13/2019 | Gold Prices Fall 2nd Week Running Despite 'Draghila's Attack' on Euro Savers

    GOLD PRICES failed for the 3rd time since Monday to hold above $1500 in London trade on Friday, heading for a second weekly drop in terms of most major currencies as world stock markets continued to rise following the European Central Bank's bigger-than-expected easing of monetary policy.

    So far in September only the Japanese Yen has lost value against gold, with the US Dollar pushing bullion down 1.3% and the gold price in British Pounds losing 3.5% amid rumors that a new Brexit deal – acceptable to the European Union and the UK Parliament...

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