equitieswatch
Sunday, October 1, 2023
About us
Advertise
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities
No Result
View All Result
Equitieswatch.com
No Result
View All Result

Gold, Dollar Down as Russia and Ukraine Set to Resume Talks By Investing.com

by equitieswatch
March 29, 2022
in Commodities


© Reuters.

By Gina Lee

Investing.com – Gold was down on Tuesday morning in Asia, . Climbing yields offset hopes for talks that Russia and Ukraine will resume later in the week to resolve the conflict in Ukraine.

fell 0.93% to $1,921.70 by 1 AM ET (5 AM GMT). The , which normally moves inversely to gold, inched down on Tuesday held firm at a three-week high hit in the previous session. The benchmark U.S. 10-year note were also near three-year highs.

Ukraine and Russia are set to resume face-to-face peace talks in Istanbul, Turkey, later in the day. Ukraine said that its top objective at the talks is to secure a ceasefire to the fighting triggered by the Russian invasion on Feb. 24, although it is joined by the U.S. in its skepticism of a breakthrough.

In Asia Pacific, China’s net gold imports through Hong Kong slumped 13.7% to their lowest level in nearly a year in February 2022 due to the Lunar New Year holidays and high prices, according to official data.

The financial hub of Shanghai also reported a record 4,381 asymptomatic COVID-19 cases and 96 symptomatic cases for March 28, according to the city government’s official WeChat account. The city also remains under a two-stage, nine-day lockdown.

Two gold industry associations said on Monday that they are working with miners, refiners, traders, and shippers to create a database of gold bars in an effort to prevent trade in counterfeit metal and allow buyers of bullion to trace its origin.

In other precious metals, and were up 0.3% and 0.4% respectively, while inched down 0.1%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

YOU MAY ALSO LIKE

Oil Sinks Further Amid China Concerns, Weakened Economic Prospects By Investing.com

Gold Pressured Near $1,650, Copper Muted on Economic Fears By Investing.com

ShareTweetPin

Search

No Result
View All Result

Recent News

Oil slips further on demand, financial market worries By Reuters

Oil Sinks Further Amid China Concerns, Weakened Economic Prospects By Investing.com

October 25, 2022
Gold Up, Set for Second Weekly Gain as Dollar Falls from 20-Year High By Investing.com

Gold Pressured Near $1,650, Copper Muted on Economic Fears By Investing.com

October 25, 2022
Explainer-What would be the impact of Russian oil sanctions in Europe? By Reuters

Oil prices edge higher as U.S. dollar eases By Reuters

October 25, 2022
Equitieswatch.com

Equitieswatch.com is your Stock Market, Finance, Forex, Cryptocurrency, Business, NFT News Website. We provide you with the latest breaking news and videos straight from the Business industry.

  • Home
  • About us
  • Contact
  • Privacy Policy

© 2022 www.equitieswatch.com

No Result
View All Result
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities

© 2022 www.equitieswatch.com