SYDNEY (Reuters) – Gold hit record highs on Tuesday before the sheer size of its earnings sparked a profit-taking explosion, which in turn helped the dollar from two-year lows and curbed initial capital gains. FILE PHOTO: Gold bars are stacked in the safe deposit room of the Pro Aurum Gold …
Read More »Gold shoots up to $ 2,000 as Fed stimulus sinks the dollar
SYDNEY (Reuters) – Gold rocketed to record highs of $ 1,975 on Tuesday, while the US dollar fell to two-year lows as investors betting on the Federal Reserve would reaffirm its super easy political outlook this week, and a tolerance to higher inflation. FILE PHOTO: Gold bars are stacked in …
Read More »Gold hits record, equities rise on hopes of stimulus
NEW YORK (Reuters) – Global equities benchmarks rose on Monday and gold rocketed to a record high on Monday as investors weighed in on expectations for another U.S. stimulus package with concern that mounting tensions between the United States and China will delay the recovery of the world economy. economy …
Read More »Gold hits record, equities rise on hopes of stimulus
NEW YORK (Reuters) – Global equities benchmarks rose on Monday and gold rocketed to a record high on Monday as investors weighed in on expectations for another U.S. stimulus package with concern that mounting tensions between the United States and China will delay the recovery of the world economy. economy …
Read More »China imports more oil from Saudi Arabia than any other country in June
BEIJING (Reuters) – China’s crude oil imports from Saudi Arabia increased 15% in June from a year ago, as refineries ordered record volumes of fuel in March and April when oil prices fell, solidifying the position of the kingdom as the main supplier of oil to China. FILE PHOTO: An …
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