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On Friday, gold rose in price amid escalation of tension in trade relations between the US and China, finversia.ru wrote. The price of gold in the spot market increased by 71 cents to 1 thousand 206 dollars 18 cents per troy ounce. Gold futures in the US rose by 60 cents to 1 thousand 212 dollars 20 cents per ounce. In an interview with Bloomberg News, US President Donald Trump said the US plans to impose tariffs for 200 billion dollars of Chinese imports next week. The American president expressed his intention to withdraw from the World Trade Organization and called the trade policy of Europe “almost as bad as in China”.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
On Friday, Axios Media Inc. reported a document acquired by tech watchdog group Tech Transparency Project which indicates that multiple U.S. states were investigating Apple (AAPL) due to deceptive trade practices. According to the report, ...
Gold prices rose earlier on Tuesday morning in Asia on the back of renewed hope as the U.S. and the Europe pledged on additional stimulus packages. In the U.S., another round of stimulus measures is underway in Congress, as previous stimulus ...
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