Global Events

2 hours ago Gold prices firm as trade blues, Fed approach support dollar
Trade tensions supported the dollar, while investors looked for a direction after the minutes of the Federal Reserve meeting indicated that rates would remain unchanged.
5 hours ago Mining giant BHP sees ‘sooner-than-expected’ end to coal era
BHP Group will direct its focus to boost “value to shareholders” at its thermal coal mine in Australia and the Cerrejon business in Colombia.
22 May 10:21 PM Gold goes up at Wednesday’s settlement   
Mubasher: Gold settled higher on Wednesday, as minutes from the Federal Open Market Committee showed near consensus over patient stance on interest rates.
22 May 11:10 AM Gold wobbles near 2-week trough as dollar strengthens
A firmer dollar and signs of easing tensions between the US and China limited demand for the precious metal.
21 May 10:22 PM Gold settles lower on Tuesday  
​​​​​​​Mubasher: Gold levelled down at Tuesday’s settlement on the back of strengthened US dollar.  
21 May 11:48 AM Gold eases as dollar usurps safe-haven appeal
The metal’s safe-haven appeal was taken over by the dollar on increasing wagers that the US Federal Reserve will not cut interest rates this year.
20 May 11:06 AM Gold hovers near 2-week trough as dollar gains safe-haven appeal
Reignited trade tensions between the US and China have resulted in the greenback being preferred over gold as a safe haven.
17 May 10:15 PM Gold levels down at Friday’s settlement
​​​​​​​Mubasher: Gold settled lower on Friday, losing 0.9% for the week.
17 May 11:57 AM Gold wobbles as risk-taking appetite improves, dollar firms
Gold was mostly stable as the dollar firmed, and upbeat US data and corporate earnings boosted risk-taking sentiment, Reuters reported.
16 May 10:30 PM Gold ends lower on Thursday  
​​​​​​​Mubasher: Gold went down at Thursday’s settlement, marking its lowest level since 9 May.  
16 May 10:16 AM Gold steadies as Asian equity uptick offsets safe-haven sentiment
Gold was almost stable on Thursday as an uptick in equity markets countered the support from anxieties over trade talks between the US and China.
15 May 10:31 PM Gold levels up at Wednesday’s settlement
Mubasher: Gold settled higher on Wednesday, as tensions rose between US and Iran and the Sino-American trade conflict saw grave developments.
15 May 11:38 AM Gold retreats from 1M high on US-China trade optimism
The decline came as hopes surrounding trade talks between Washington and Beijing mollified investor worries.
14 May 11:05 PM Gold settles lower on Tuesday
Mubasher: Gold declined at Tuesday’s settlement, as uncertainty engulfing global trade.   
14 May 12:02 PM Gold steadies amid higher safe-haven demand
Should stock markets settle lower, the yellow metal could further rise to a range from $1,310 to $1,312 per ounce.
13 May 11:44 AM Gold falls as US-China trade tensions weigh on yuan
Gold declined on Monday as Chinese yuan weakened, making the precious metal more expensive for investors from China.
10 May 12:43 PM Gold edges up after US raises Chines import tariffs
Gold edged up on Friday, as heightened tensions between the US and China lent support to the precious metal.
9 May 10:33 PM Gold levels up at Thursday’s settlement   
Mubasher: Gold settled higher on Thursday, as the US dollar weakened.  
9 May 12:32 PM Gold firms ahead of US-Sino trade talks
Gold prices firmed earlier on Thursday ahead of the next round of trade talks between the US and China.
8 May 10:19 PM Gold settles lower on Wednesday  
​​​​​​​Mubasher: Gold went down at Wednesday’s settlement, shrugging off three successive gains.
8 May 10:46 AM Gold reaches 1-week peak as trade worries dent risk appetite
Gold traded near their highest in more than a week on Wednesday amid rekindled worries on US-China trade row.
7 May 10:54 PM Gold levels up at Tuesday’s settlement
​​​​​​​Mubasher: Gold ended higher on Tuesday, as US-China trade talks were on the verge of facing a deadlock.
7 May 02:30 PM Sino-US trade conflict disrupts metal prices, induces volatility – Report
A trade row between the world's two biggest economies is viewed as the major catalyst for volatile metal prices.
7 May 11:58 AM Gold rises as risk appetite weakens on US tariff threat
Gold traded higher earlier on Tuesday as trade tensions between Washington and Beijing resurfaced, boosting safe-haven sentiment.
6 May 01:52 PM Gold rises as Trump tariff threat rattles global markets
US President Donald Trump said that he will hike tariffs on Chinese goods, stoking risk-averse sentiment.