Kuala Lumpur (GMT+8) - In the early Asian market, spot gold prices has been rising rapidly to the level over $1,915 per ounce and even hit the $1916.78 per ounce during its peak as of today. The latest article by the well-known financial website analyzes Economies.com pointed out in a recent articl
Illustration photo of U.S. dollar from Daily FX
TOKYO (Reuters) - The U.S. dollar steadied against most major currencies on Thursday as U.S. stimulus talks remained the focus for markets with trading buffeted over recent days by the extent of progress made on the potential size of the aid package.
Kuala Lumpur 10:30 a.m. (GMT +8) - In Asian markets, the U.S. dollar index rebounded and currently trading at around 92.80; spot gold fell rapidly in the short-term and even touched the $1910 per ounce at one point. The rebound of the dollar pressured the gold prices towards the bearish trend. Meanw
Illustration photo of a China yuan note from Yahoo FinanceSHANGHAI, Oct 21 (Reuters) - China’s central bank on Wednesday lifted its official yuan midpoint to a more than 27-month high, following gains in the spot market a day earlier.The People’s Bank of China (PBOC) set the midpoint rate at 6.6781
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Kuala Lumpur (GMT+8) - If the price of gold falls below this key level, the market outlook may see a fall of more than $40.Spot gold fell moderately and the price of gold is now lingering around $1907 per ounce. This report is an analysis of the gold price trend.Photo: Investing.comAs the President
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