Gold recovers from previous day slide on stimulus hopes
Nov 10, 2020 07:30 am UTC| Commentary
Gold prices surged after falling as much as 5.2 percent in the previous session, as hopes of more U.S. stimulus measures to cushion the impact of rising COVID-19 cases nudged investors towards the precious metal. Spot...
Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency
Nov 09, 2020 07:42 am UTC| Commentary
Gold prices surged to an over 1-1/2 month peak, boosted by a weaker dollar and hopes of more stimulus measures under U.S. President-elect Joe Biden. Spot gold rose 0.3 percent to $1,956.02 per ounce by 0718 GMT, having...
Gold eases as greenback holds firm amid U.S. election concerns
Nov 06, 2020 07:35 am UTC| Commentary
Gold prices declined after surging by more than 2 percent in the previous session, as the dollar gained, but was set for its best week since late July on hopes for more central bank economic support as investors bet on a...
Thai core inflation continues to ease in October, price pressures likely to remain soft
Nov 05, 2020 14:01 pm UTC| Commentary
Thai headline inflation came in less negative in the month of October, aided by higher raw food inflation and easing energy deflation. On the contrary, core inflation decelerated to its softest in four months. Thai...
Gold rallies as Biden inches closer to White House
Nov 05, 2020 07:33 am UTC| Commentary
Gold prices surged as investors were cautiously optimistic Democrat Joe Biden would edge past President Donald Trump in a tight race to the White House, boosting hopes of more economic stimulus. However, chances of a...
Gold declines as greenback steady amid U.S. election uncertainty
Nov 04, 2020 07:49 am UTC| Commentary
Gold prices slumped as the dollar strengthened as the incoming U.S. election results indicated that the race is tighter than expected. Spot gold declined 0.8 percent to $1,894.21 per ounce by 0738 GMT, having hit a high...
Singaporean manufacturing and electronics PMI indices rise in October
Nov 03, 2020 15:40 pm UTC| Commentary
Singaporean manufacturing and electronics PMI indices rebounded further in the month of October. The manufacturing PMI index rose 0.2 points to 50.5, while the electronics PMI index rose 0.1 points to 51. These marked the...
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