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On Monday, gold prices stayed near the low of five and a half months amid growing trade tensions between the US and China, finversia.ru wrote. The price of gold at 14:27 Moscow time was 1 thousand 280 dollars 19 cents per troy ounce against 1 thousand 279 dollars per ounce at the closure of trading on Friday. Prices for August gold futures in the US rose by 4.5 dollars to 1 thousand 283 dollars per ounce. The dollar reached the highest level since November to the basket of major currencies. On Friday, gold fell 1.8%, noting the largest one-day drop since November 2016 after Washington decided to impose customs duties on the import of Chinese goods worth a total of $50 billion.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
Oil traded higher on Friday, further reclaiming lost ground from three-week lows in the previous session as the COVID-19 situation continued to dent the global economy as well as oil consumption. Brent crude gained 0.3%, trading at $43.08 ...
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 ...
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
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 ...
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