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Global Events

18 September 02:01 PM Gold declines before Fed decision; oil fall supports risk-on sentiment
Mubasher: Gold prices declined on Wednesday as investors anticipated hints on the US Federal Reserve's monetary policy easing approach.
17 September 10:50 AM Gold declines amid anticipations of Fed meeting
Mubasher: Gold prices edged down on Tuesday as the majority of investors stayed on the sidelines, anticipating the outcome of the US Federal Reserve meeting,
16 September 11:29 AM Gold climbs as attacks on Saudi plants boost safe-haven assets
Mubasher: Gold prices climbed on Monday as risk-on sentiment dropped after attacks on Saudi Arabia's oil installations, pushing safe-haven demand higher, according to Reuters.
13 September 10:11 PM Gold ends lower on Friday
Mubasher: Gold went down at Friday’s settlement, losing $1.1 for the week.
13 September 01:02 PM Gold rises on ECB’s stimulus; improving risk appetite limits gains
Mubasher: Gold prices rose on Friday as monetary easing uncertainties among major central banks boosted demand for the yellow metal, according to Reuters.
12 September 10:27 PM Gold settles higher on Thursday    
Mubasher: Gold rises at Thursday’s end, as the US dollar went down.
12 September 11:51 AM Gold rises despite higher risk-on sentiment on US-Sino trade hopes
Mubasher: Gold traded above $1,500 per ounce on Thursday, despite risk-on sentiment was boosted by signs of an ease in the US-China trade tensions.
11 September 12:19 PM Gold rises with ECB meeting in focus
Mubasher: Gold prices edged up on Wednesday, as investors awaited the European Central Bank's policy meeting, in which it is widely set to cut rates.
10 September 10:09 PM Gold ends below $1,500 per ounce on Tuesday   
Mubasher: Gold closed in the red on Tuesday, settling below $1,499.20 an ounce for the first time since 6 August.
10 September 12:38 PM Gold falls as improving risk-taking sentiment drags
Mubasher: Gold prices fell on Tuesday as risk-on sentiment remained supported by expectations of global stimulus measures and progress in the US-China trade talks.
9 September 02:17 PM China’s gold reserves grow 100 tonnes
Mubasher: China added around 100 tonnes of gold to its reserves, since resuming its purchases in December last year.
9 September 01:57 PM Gold gains on rate cut prospects but risk-on sentiment weighs
Mubasher: Gold prices edged higher on Monday amid growing expectations of monetary policy easing by major central banks led by weaker economic figures.
6 September 10:15 PM Gold ends Friday in red
Mubasher: Gold dropped at Friday’s settlement, losing 0.9% for the week.
6 September 11:27 AM Gold drops as robust US economic figures dampen safe-haven appetite
Mubasher: Gold prices extended their declining streak on Friday, as strong US economic figures boosted risk-on sentiment, weighing on safe-haven assets, Reuters reported.
5 September 09:48 PM Gold settles $35 down on Thursday
Mubasher: Gold dropped at Thursday’s end, recording highest loss in three years.
5 September 12:24 PM Gold falls as China-US trade hopes boost risk-on sentiment
Mubasher: Gold prices fell on Thursday after the announcement of trade talks between the US and China lent support to risk-taking sentiment, according to Reuters.
4 September 10:04 PM Gold breaks above $1,560 per oz at Wednesday’s finish
​​​​​​​Mubasher: Gold ended higher on Wednesday, marking the highest level in more than six years.
4 September 03:05 PM Gold falls on profit-booking, receding political risks
Mubasher: Gold fell, as investors locked in profits, following a 1% leap in the preceding session, while political uncertainty receded in Europe and Asia.
3 September 09:29 PM Gold ends $26.5 higher on Tuesday   
Mubasher: Gold jumped at Tuesday’s settlement, marking the highest level since April 2013.  
3 September 12:45 PM Gold rises on China-US trade woes; strong dollar caps gains
Mubasher: Gold prices rose on Tuesday, holding onto multi-year peaks, as worries of a global economic downturn persisted due to the ongoing US-Sino trade conflict.
2 September 12:58 PM Gold advances as US-China tariffs re-kindle safe-haven demand
Mubasher: Gold rose on Monday, as the trade conflict between the US and China escalated further with both sides slapping tariffs on one another's goods.
29 August 09:52 PM Gold settles lower on Thursday  
Mubasher: Gold fell at Thursday’s settlement, marking the lowest level since 22 August.
28 August 10:01 PM Gold ends Wednesday in red
Mubasher: Gold settled lower on Wednesday, as the US dollar strengthened.
28 August 12:06 PM Gold hovers below 6-yr peak on Fed rate cut hopes
Mubasher: Gold prices declined on Wednesday, but they hovered close to a more than six-year peak on worries about the potential threat of a recession.
27 August 10:05 PM Gold rises at Tuesday’s settlement
Mubasher: Gold ended higher on Tuesday, marking the highest level since April 2013.