Global Events

12:56 PM Gold stabilises as dollar firms on rate hike pause prospects
Gold prices steadied on Thursday as a firmer dollar wiped out the impact of expectations of a pause in interest rate hikes by the Fed.
16 January 10:34 PM Gold settles up on Wednesday
Mubasher: Gold went up at Wednesday’s settlement, backed by the negative developments in respect of Brexit.
16 January 04:58 PM Platinum may become new ‘Dark Horse’ among metals – PIMCO
Platinum is expected to be the dark horse among major metals in the coming period due to its low price
16 January 12:28 PM Gold rises as dollar weakens on failed Brexit vote
Gold edged up on an expected pause in interest rate hikes and a weaker dollar after rejecting Brexit deal.
15 January 12:20 PM Gold stable on Fed rate hike pause prospects, stronger stocks
Gold prices remained stable on Tuesday, as prospects of fewer interest rate hikes this year offered support to the precious metal.
14 January 11:50 AM Gold rises on Fed hike pause prospects, retreating equities
Gold prices edged up on Monday as the US dollar retreated on prospects that the Federal Reserve would not hike interest rates this year.
13 January 01:28 PM Saudi’s Al Falih says global oil market on track
Saudi Arabia’s minister of energy, industry, and mineral resources on Sunday said that the global oil market was on track.
11 January 10:16 PM Gold settles higher on Friday, gains 0.3% in week
Mubasher: Gold increased at Friday’s settlement, recording a slight weekly gain, as the USD declined, before rising near stability. 
11 January 04:05 PM Market risk, economic growth to boost gold demand – WGC
Gold is expected to be more attractive as a hedge this year, on global financial market instability, the Federal Reserve's possibly more neutral monetary stance.
11 January 12:15 PM Gold climbs as dovish Fed stance prospects weigh on dollar
Gold prices rose on Friday as the dollar weakened on expectations that the Federal Reserve may place brakes on its monetary tightening cycle.
10 January 10:24 PM Gold settles lower on Thursday; inches up in week
​​​​​​​Mubasher: Gold went down at Thursday’s settlement, keeping slight weekly gains.
10 January 11:40 AM Gold rises; dovish Fed stance, US political deadlock drag dollar
Gold saw gains as expectations that the US Federal Reserve would place brakes on its monetary tightening cycle this year weighed on the dollar.
9 January 10:29 PM Gold ends Wednesday in green
Mubasher: Gold settled higher on Wednesday, as the USD dropped, recording its lowest level in three months.
9 January 12:24 PM Gold edges down Wednesday as risk sentiment improves
Gold prices went down on Wednesday as hopes of an end to the trade war between the US and China fuelled risk appetite.
8 January 10:21 PM Gold settles in red on Tuesday
​​​​​​​Mubasher: Gold went down at Tuesday’s settlement, as the USD grew.
8 January 11:47 AM Gold declines as risk appetite improves, US dollar rebounds
Gold fell on Tuesday as risk sentiment improved on prospects that China and the US may be reaching a trade deal, as the dollar recovered.
7 January 12:38 PM Gold rises as Fed’s dovish stance weighs on US dollar
Gold prices rose on Monday amid expectations that the US Federal Reserve might apply brakes on its monetary tightening path this year.
4 January 10:08 PM Gold settles down on Friday, records weekly increase  
​​​​​​​Mubasher: Gold levelled down at Friday’s settlement, as the stock markets flourished on positive data regarding jobs in the US.
4 January 12:04 PM Gold erases gains as dollar, equities recover on US-Sino talks
Gold on Friday trimmed most of its early gains, as the US dollar and Asian shares regained some ground.
3 January 10:14 PM Gold settles higher on Thursday
​​​​​​​Mubasher: Gold went up at Thursday’s settlement, marking its highest level since mid-June 2018, as the US Dollar declines.
3 January 12:18 PM Gold hits past 6M peak on growth jitters, volatile equities
Gold on Thursday rose to more than six-month high, as weaker dollar offered support.
2 January 10:14 PM Gold hits 6M-high at Wednesday settlement
Mubasher: Gold settled high on Wednesday, reaching its highest level since June 2018, as the uncertainty and volatility engulf Asia and the US equity markets.
2 January 12:10 PM Gold hits 6M peak on weaker US dollar
Gold prices rose on Wednesday after hitting over six-month high as the US dollar weakened and Asian stocks plummeted.
28 December 2018 10:39 PM Gold ends Friday near stability
Mubasher: Gold prices stabilised at Friday’s close, as the US dollar went down.
27 December 2018 10:19 PM Gold ends Thursday in green
Mubasher: Gold prices went up at Thursday’s close, as the US dollar declined.