Metals Stocks: Gold Rises As China-u.s. Tensions Seen Escalating

Gold futures on Monday head higher, resuming a strong uptrend for the precious metal after snapping a five-session win streak on Friday, as China imposes fresh sanctions against U.S. officials in apparent retaliation for similar measures against Hong Kong and mainland officials.

Topics:  china   u.s    hong kong   gold   officials   
BING NEWS:
  • China’s Gold Consumption Rises on Safe-Haven Demand
    Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.
    04/25/2024 - 9:40 pm | View Link
  • Gold Futures Slump to Lowest Level Since Early April as Middle East Tensions Ease
    Gold future prices fell more than 1%, hitting its lowest price since early April, as tensions between Israel and Iran eased and safe haven demand melted away.
    04/22/2024 - 11:28 pm | View Link
  • Asia Ex-China and Europe Markets Gain, Gold Retreats To $2,310 Amid Diminished Geopolitical Tensions
    On Monday, April 22nd, the U.S. stock markets closed higher, with the S&P 500 and Nasdaq rebounding after six days of losses. The markets recovered from a recent sell-off as investors looked forward ...
    04/22/2024 - 11:22 pm | View Link
  • Gold Prices Plummet in Largest Drop in Nearly Two Years Amid Easing Middle East Tensions
    Gold experienced a dramatic plunge on Monday, marking the steepest intraday decline in nearly two years, as easing tensions in the Middle East diminished the demand for safe-haven assets. Spot gold ...
    04/22/2024 - 2:48 pm | View Link
  • Geopolitical Relief Triggers Gold Selloff: Prices Dip Below $2,350 Mark, Mining Stocks Hit Hard
    Gold prices declined 2.7% in NY due to reduced geopolitical risks. Silver also fell 5.1%. Israeli officials averted a US-backed counterstrike on Iran, easing tensions. Gains were pared as Iran ...
    04/22/2024 - 11:07 am | View Link
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