Gold rises as dollar feels pressure of a dovish Fed

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

The metal benefits as traders turn risk-averse amid lacklustre Chinese data

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Naspers pulls down the JSE, while gold miners cheer dovish FedGlobal markets are digesting the Federal Reserve’s minutes and disappointing Chinese economic data
Source: BDliveSA - 🏆 12. / 63 Read more »

Gold steady on Fed pause hopes, equity recoveryAs markets eye the UK parliament's vote on Brexit, the spot gold price remained within the $1,285/oz to $1,299/oz range
Source: BDliveSA - 🏆 12. / 63 Read more »

Gold is stable as rise in risk appetite offsets more dovish FedPhillip Futures analyst Benjamin Lu says positive conditions for US equities and the dollar have capped the metal’s safe-haven appeal
Source: BDliveSA - 🏆 12. / 63 Read more »

Gold remains near seven-month high on the hope the Fed will keep rates on holdThe metal is steady ahead of the Federal open market committee meeting later in the week
Source: BDliveSA - 🏆 12. / 63 Read more »

Gold nears 8-month peak ahead of Fed policy and US-China talksGold steadies near 8-month peak, as focus moves onto Fed's policy decision and outcome of trade talks between Chinese vice premier Liu He and US trade representative Robert Lighthizer
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE cheers dovish Fed and upbeat Chinese dataThe local bourse tracks buoyant global markets, with local retailers faring best after the Fed said it did not plan to raise interest rates twice in 2019
Source: BDliveSA - 🏆 12. / 63 Read more »

Gold rises, on course for a small weekly gainRisks ‘from economic and political perspectives, are keeping gold relatively well supported’, one analyst says
Source: BDliveSA - 🏆 12. / 63 Read more »

What it feels like to get a 24k gold facialLittle specks of metal being pulled from your skin is a novel experience.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Gold propped up by dollar weaknessThe greenback weakened after the Fed said it was ‘prepared to shift the stance of policy’ on rate hikes, raising demand for bullion
Source: BDliveSA - 🏆 12. / 63 Read more »

Who won gold at the Globes?Winners in main categories for the 75th Golden Globe Awards.
Source: ewnupdates - 🏆 30. / 53 Read more »