Gold set for weekly gains amid global economic recovery concerns
Sep 11, 2020 07:57 am UTC| Commentary
Gold prices declined after rising to a 1-week peak in the prior session but were on track for a weekly gain underpinned by worries over a global economic recovery from the coronavirus-led slump. However, the slump in the...
BNM keeps overnight policy rate on hold, likely to refrain from further cuts in 2020
Sep 10, 2020 11:45 am UTC| Commentary Central Banks
Malaysian central bank kept the overnight policy rate on hold at 1.75 percent today, consistent with expectations. Bank Negara Malaysia was decisively more optimistic in its statement regarding the economic growth. The...

Gold steadies near 1-week peak on weaker greenback, investors eye ECB policy meet
Sep 10, 2020 07:46 am UTC| Commentary Investing
Gold prices held firm near a 1-week peak hit in the prior session as the dollar weakened, while markets awaited the European Central Banks monetary policy decision due later in the day. Spot gold was trading 0.05...
Gold prices ease as stronger dollar outweigh lingering economic concerns
Sep 09, 2020 07:41 am UTC| Commentary
Gold prices declined as a stronger dollar offset lingering economic concerns from the coronavirus crisis, while markets await the European Central Bank meeting outcome for further cues on the monetary policy...
Gold gains amid fears over global economic recovery
Sep 08, 2020 07:43 am UTC| Commentary
Gold prices nudged up, supported by growing fears over the global economic recovery from the coronavirus crisis, although a stronger U.S. dollar limited the safe-haven metals upside. Spot gold was trading 0.1 percent...
German industrial production rises below expectations in July, strong rise is likely in Q3
Sep 07, 2020 12:05 pm UTC| Commentary
German industrial production rose 1.2 percent sequentially in July, coming in far below expectations of a growth of 4.3 percent. This is the second disappointing figure in a row: like new orders on Friday, industrial...
Gold eases as better-than-expected Chinese trade surplus boosts risk appetite
Sep 07, 2020 07:51 am UTC| Commentary
Gold prices declined as risk sentiment improved following the release of better-than-expected Chinese trade balance data, although downside appears limited as weak economic data out of the United States at the end of last...