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Goods and Metals

19 June 09:49 PM Gold levels down at Wednesday’s settlement
Mubasher: Gold ended lower on Wednesday after Fed decided to maintain interest rates.
19 June 12:38 PM Gold slips on US-Sino trade deal optimism, dovish ECB
Mubasher: Gold dipped on Wednesday amid re-kindled hopes of a trade deal between the US and China and dovish signals from the European Central Bank.
18 June 10:23 PM Gold ends higher on Tuesday
Mubasher: Gold went up at Tuesday’s settlement, marking the highest level since 18 April.
18 June 01:41 PM Gold rises on weaker dollar ahead of Fed meet
Mubasher: Gold rose on Tuesday, as the US dollar moved away from multi-week highs, as markets awaited the outcome of Federal Reserve's two-day policy meeting.
17 June 04:01 PM NY manufacturing business gauge sharply drops in June
Mubasher: US manufacturing business conditions have worsened sharply in June, falling into negative territory for the first time in more than two years.
17 June 11:36 AM Gold retreats from 14M peak on stronger dollar
Mubasher: Gold prices eased from the highest level seen since 14 months in the preceding session, as the dollar hovered near multi-week highs.
14 June 12:29 PM Gold hits above $1,350 mark on growth jitters, geopolitical tensions
Mubasher: Gold climbed more than 1% amid a raft of weak economic figures from both the US and China and geopolitical tensions.
13 June 10:17 PM Gold levels up at Thursday’s settlement  
Mubasher: Gold settled higher on Thursday, rising 2% since the beginning of June.
13 June 11:26 AM Gold advances on Fed rate cut expectations, trade jitters
Mubasher: Demand for the safe-haven bullion was boosted by hopes of an interest rate cuts by the Federal Reserve, and escalating trade conflict.
12 June 10:16 PM Gold settles higher on Wednesday
​​​​​​​Mubasher: Gold ended higher on Wednesday, increasing by 2% since the beginning of the month.
12 June 12:48 PM Gold rebounds from 1-week low on reignited US-China trade fears
Mubasher: Gold prices climbed, away from a one-week trough hit in the preceding session, as concerns over US-China trade conflict re-emerged.
11 June 09:45 PM Gold rises at Tuesday’s settlement   
Mubasher: Gold ended higher Tuesday on the back of weakened US dollar.
11 June 01:10 PM Gold falls despite renewed US tariff threat to China
Mubasher: Gold prices dropped on Tuesday, although new trade threats by Washington curtailed hopes stoked by an agreement between the US and Mexico.
10 June 01:12 PM Gold pulls back from 14M peak on US-Mexico deal
Mubasher: Gold retreated from its 14-month high hit in the preceding session after the US and Mexico inked a deal, avoiding a tariff war.
7 June 12:33 PM Gold set for 2019’s best week before US job data
Mubasher: Gold prices cooled on Friday, but were on track to post their best weekly performance this year.
6 June 12:47 PM Gold gains on support from trade jitters, rate cut prospects
Mubasher: Gold traded higher on Thursday, close to the 15-week peak tapped last session, as trade concerns and an expected US rate cut lent support.
5 June 02:03 PM Gold hits over 3M high on Fed rate cut hopes
Mubasher: Gold prices jumped to more than three-month high, after remarks from the Federal Reserve officials raised the prospects for interest rate cuts.
4 June 03:52 PM Gold ETF inflows rise on higher safe-haven demand
Mubasher: Holdings in gold-backed exchange-traded funds saw their biggest inflows in a year this week, indicating that the precious metal is regaining its safe-haven appeal.
4 June 11:41 AM Gold hovers over Monday’s 3M peak on slowdown jitters
Mubasher: Gold prices went up on Tuesday, transcending their highest level in three months seen last session on worries over a global economic downturn.
3 June 02:01 PM Gold climbs as global recession fears boost safe-haven demand
Mubasher: Gold prices rose on Monday beyond their highest level in more than two months, as persisting trade tensions between the US and China.
31 May 10:33 PM Gold levels up at Friday’s settlement  
Mubasher: Gold ended higher on Friday, adding 2.1% for the week.
31 May 12:30 PM Gold gains on Trump tariff vow, Fed cut prospects
Gold prices headed to their first monthly gain since last January as US President Donald Trump's threat to slap tariffs on Mexican imports.
31 May 12:15 AM Gold marks highest level in two weeks on Thursday
Mubasher: Gold climbed at Thursday’s settlement, recording highest level since 15 May.
30 May 02:58 PM UK car production falls 50% in April on Brexit
Mubasher: Car production in the UK went down by almost 50% in April as factories sought to manage the uncertain impact of Brexit.
29 May 10:20 PM Gold ends in green on Wednesday  
​​​​​​​Mubasher: Gold settled higher on Wednesday on the back of the decline in US stock markets.