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2021-04-13

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2021-04-13

Upz

Gold prices move lower after last week's 1% climb

2021-04-12

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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1618242840,"share":"https://ttm.financial/m/news/2126060698?lang=&edition=fundamental","pubTime":"2021-04-12 23:54","market":"hk","language":"en","title":"Gold prices move lower after last week's 1% climb","url":"https://stock-news.laohu8.com/highlight/detail?id=2126060698","media":"Dow Jones","summary":"Gold prices moved lower on Monday, pulling back after bullion last week scored its biggest daily gai","content":"<p>Gold prices moved lower on Monday, pulling back after bullion last week scored its biggest daily gain since March.</p>\n<p>Federal Reserve Chairman Jerome Powel's comments about the U.S. economy being at an \"inflection point\" and coupled with increased optimism regarding economic growth and employment caused a sell off in bonds,\" David Russell, director of marketing at GoldCore, told MarketWatch.</p>\n<p>During an interview on \"60 Minutes,\" Powell reiterated that the central bank wants to see inflation rise above its 2% target for an extended period before officials consider raising rates.</p>\n<p>The higher yields as a result of the selloff on bonds are \"negative for gold in the short term and all eyes will be on the inflation figures set for release this week,\" Russell said.</p>\n<p>The U.S. consumer-price index reading is due out Tuesday at 8:30 a.m. Eastern. The report on inflation could spark a fresh move in gold, which is viewed as a hedge against rising prices.</p>\n<p>The question is \"With the Fed more focused on employment than inflation, will we now start to see signs of inflation start to creep up?\" said Russell. Also, as the economy starts to open up the Fed's Beige book release Wednesday \"will also be closely watched for more anecdotal evidence of building strength of the economy.\"</p>\n<p>In Monday dealings, June gold was down $10.20, or 0.6%, at $1,734.60 an ounce on Comex, after prices finished about 1% higher for the weekly period Friday, based on the most-active contract.</p>\n<p>Meanwhile, May silver shed 46.5 cents, or 1.8%, at $24.86 an ounce, following a weekly rise of 1.3% put in on Friday.</p>\n<p>Prices for the precious metal have fallen by roughly 8% so far this year, though have been trading in a \"fairly tight range\" on a sequential basis, analysts at ICICI Bank, wrote in a research note dated Monday.</p>\n<p>But last week saw gold buck the overall lower trend, ending 1% higher on Thursday to mark the highest finish for a most-active contract since Feb. 25, and the largest <a href=\"https://laohu8.com/S/AONE\">one</a>-day dollar and percentage climb since March 31, FactSet data show.</p>\n<p>Even so, the ICICI Bank analysts see a \"fairly flat trajectory\" for gold prices over the second quarter of this year as investors wait for more guidance on when the U.S. Federal Open Market Committee may consider hiking interest rates.</p>\n<p>Looking further ahead, however, the ICICI Bank analysts said gold may fall over the course of the second half of this year, \"reflecting a rise in U.S. yields and improving global growth prospects that will in turn work to limit demand for a 'safe-haven' asset.\"</p>\n<p>The analysts expect gold prices to trade in the $1,650 to $1,800 range over the second quarter, with prices potentially correcting lower to a range of $1,550 to $1,650 by the end of the year.</p>\n<p>Gold investors also eyed news out of China. 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May copper shed 0.5% to $4.02 a pound.</p>\n<p>July platinum lost 2.6% to $1,177.50 an ounce and June palladium traded at $2,651.50 an ounce, up 0.6%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gold prices move lower after last week's 1% climb</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold prices move lower after last week's 1% climb\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-12 23:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Gold prices moved lower on Monday, pulling back after bullion last week scored its biggest daily gain since March.</p>\n<p>Federal Reserve Chairman Jerome Powel's comments about the U.S. economy being at an \"inflection point\" and coupled with increased optimism regarding economic growth and employment caused a sell off in bonds,\" David Russell, director of marketing at GoldCore, told MarketWatch.</p>\n<p>During an interview on \"60 Minutes,\" Powell reiterated that the central bank wants to see inflation rise above its 2% target for an extended period before officials consider raising rates.</p>\n<p>The higher yields as a result of the selloff on bonds are \"negative for gold in the short term and all eyes will be on the inflation figures set for release this week,\" Russell said.</p>\n<p>The U.S. consumer-price index reading is due out Tuesday at 8:30 a.m. Eastern. The report on inflation could spark a fresh move in gold, which is viewed as a hedge against rising prices.</p>\n<p>The question is \"With the Fed more focused on employment than inflation, will we now start to see signs of inflation start to creep up?\" said Russell. Also, as the economy starts to open up the Fed's Beige book release Wednesday \"will also be closely watched for more anecdotal evidence of building strength of the economy.\"</p>\n<p>In Monday dealings, June gold was down $10.20, or 0.6%, at $1,734.60 an ounce on Comex, after prices finished about 1% higher for the weekly period Friday, based on the most-active contract.</p>\n<p>Meanwhile, May silver shed 46.5 cents, or 1.8%, at $24.86 an ounce, following a weekly rise of 1.3% put in on Friday.</p>\n<p>Prices for the precious metal have fallen by roughly 8% so far this year, though have been trading in a \"fairly tight range\" on a sequential basis, analysts at ICICI Bank, wrote in a research note dated Monday.</p>\n<p>But last week saw gold buck the overall lower trend, ending 1% higher on Thursday to mark the highest finish for a most-active contract since Feb. 25, and the largest <a href=\"https://laohu8.com/S/AONE\">one</a>-day dollar and percentage climb since March 31, FactSet data show.</p>\n<p>Even so, the ICICI Bank analysts see a \"fairly flat trajectory\" for gold prices over the second quarter of this year as investors wait for more guidance on when the U.S. Federal Open Market Committee may consider hiking interest rates.</p>\n<p>Looking further ahead, however, the ICICI Bank analysts said gold may fall over the course of the second half of this year, \"reflecting a rise in U.S. yields and improving global growth prospects that will in turn work to limit demand for a 'safe-haven' asset.\"</p>\n<p>The analysts expect gold prices to trade in the $1,650 to $1,800 range over the second quarter, with prices potentially correcting lower to a range of $1,550 to $1,650 by the end of the year.</p>\n<p>Gold investors also eyed news out of China. During a symposium last week, Chinese Premier Li Keqiang asked to strengthen market regulation of raw materials to ease the cost pressure of companies, Reuters reported , citing an article from the Xinhua news agency.</p>\n<p>That offers a \"sign of rising, and possibly problematic, price inflation from the world's major economies,\" Jim Wyckoff, senior analyst at Kitco.com. \"Reports also say China's central bank wants to tighten lending standards,\" he said.</p>\n<p>Against that backdrop, prices for copper traded lower as well. May copper shed 0.5% to $4.02 a pound.</p>\n<p>July platinum lost 2.6% to $1,177.50 an ounce and June palladium traded at $2,651.50 an ounce, up 0.6%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126060698","content_text":"Gold prices moved lower on Monday, pulling back after bullion last week scored its biggest daily gain since March.\nFederal Reserve Chairman Jerome Powel's comments about the U.S. economy being at an \"inflection point\" and coupled with increased optimism regarding economic growth and employment caused a sell off in bonds,\" David Russell, director of marketing at GoldCore, told MarketWatch.\nDuring an interview on \"60 Minutes,\" Powell reiterated that the central bank wants to see inflation rise above its 2% target for an extended period before officials consider raising rates.\nThe higher yields as a result of the selloff on bonds are \"negative for gold in the short term and all eyes will be on the inflation figures set for release this week,\" Russell said.\nThe U.S. consumer-price index reading is due out Tuesday at 8:30 a.m. Eastern. The report on inflation could spark a fresh move in gold, which is viewed as a hedge against rising prices.\nThe question is \"With the Fed more focused on employment than inflation, will we now start to see signs of inflation start to creep up?\" said Russell. Also, as the economy starts to open up the Fed's Beige book release Wednesday \"will also be closely watched for more anecdotal evidence of building strength of the economy.\"\nIn Monday dealings, June gold was down $10.20, or 0.6%, at $1,734.60 an ounce on Comex, after prices finished about 1% higher for the weekly period Friday, based on the most-active contract.\nMeanwhile, May silver shed 46.5 cents, or 1.8%, at $24.86 an ounce, following a weekly rise of 1.3% put in on Friday.\nPrices for the precious metal have fallen by roughly 8% so far this year, though have been trading in a \"fairly tight range\" on a sequential basis, analysts at ICICI Bank, wrote in a research note dated Monday.\nBut last week saw gold buck the overall lower trend, ending 1% higher on Thursday to mark the highest finish for a most-active contract since Feb. 25, and the largest one-day dollar and percentage climb since March 31, FactSet data show.\nEven so, the ICICI Bank analysts see a \"fairly flat trajectory\" for gold prices over the second quarter of this year as investors wait for more guidance on when the U.S. Federal Open Market Committee may consider hiking interest rates.\nLooking further ahead, however, the ICICI Bank analysts said gold may fall over the course of the second half of this year, \"reflecting a rise in U.S. yields and improving global growth prospects that will in turn work to limit demand for a 'safe-haven' asset.\"\nThe analysts expect gold prices to trade in the $1,650 to $1,800 range over the second quarter, with prices potentially correcting lower to a range of $1,550 to $1,650 by the end of the year.\nGold investors also eyed news out of China. During a symposium last week, Chinese Premier Li Keqiang asked to strengthen market regulation of raw materials to ease the cost pressure of companies, Reuters reported , citing an article from the Xinhua news agency.\nThat offers a \"sign of rising, and possibly problematic, price inflation from the world's major economies,\" Jim Wyckoff, senior analyst at Kitco.com. \"Reports also say China's central bank wants to tighten lending standards,\" he said.\nAgainst that backdrop, prices for copper traded lower as well. May copper shed 0.5% to $4.02 a pound.\nJuly platinum lost 2.6% to $1,177.50 an ounce and June palladium traded at $2,651.50 an ounce, up 0.6%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342449401,"gmtCreate":1618238895703,"gmtModify":1704708015785,"author":{"id":"3566427327524934","authorId":"3566427327524934","name":"Gninnix","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566427327524934","authorIdStr":"3566427327524934"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Upppp","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Upppp","text":"$Apple(AAPL)$Upppp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342449401","isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":342751165,"gmtCreate":1618245212457,"gmtModify":1704708136601,"author":{"id":"3566427327524934","authorId":"3566427327524934","name":"Gninnix","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566427327524934","authorIdStr":"3566427327524934"},"themes":[],"htmlText":"Upz","listText":"Upz","text":"Upz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/342751165","repostId":"2126060698","repostType":4,"isVote":1,"tweetType":1,"viewCount":340,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342758910,"gmtCreate":1618245333030,"gmtModify":1704708137410,"author":{"id":"3566427327524934","authorId":"3566427327524934","name":"Gninnix","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566427327524934","authorIdStr":"3566427327524934"},"themes":[],"htmlText":"Wowww","listText":"Wowww","text":"Wowww","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/342758910","repostId":"1161808370","repostType":4,"repost":{"id":"1161808370","kind":"news","pubTimestamp":1618241254,"share":"https://ttm.financial/m/news/1161808370?lang=&edition=fundamental","pubTime":"2021-04-12 23:27","market":"us","language":"en","title":"Chinese telecom giant Huawei plans on $1 billion bet on electric, autonomous cars: report","url":"https://stock-news.laohu8.com/highlight/detail?id=1161808370","media":"MarketWatch","summary":"Chinese telecom Huawei Technologies Co. plans to spend $1 billion in self-driving and electric cars,","content":"<p>Chinese telecom Huawei Technologies Co. plans to spend $1 billion in self-driving and electric cars, teaming up with Chinese auto makers to bring to market cars that would bear its logo, BloombergreportedMonday. </p>\n<p>Huawei executives said at an event in China that the telecom's autonomous-driving technology has already surpassed Tesla Inc.'s&nbsp;TSLA,+2.95%&nbsp;in some areas, such as self-driving for more than 600 miles without human intervention, Bloomberg said. </p>\n<p>Huawei is keen on finding new revenue sources, still reeling from sanctions imposed during the Trump administration that didn't go away with the Biden administration. Huawei also follows a similar path as Chinese tech giant Xiaomi Corp. and, in the U.S., Apple Inc.AAPL,-1.41%,and would also go alongside local electric- and autonomous-car makers Nio Inc.NIO,-2.99%and Xpeng Inc.XPEV,+0.38%.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese telecom giant Huawei plans on $1 billion bet on electric, autonomous cars: report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese telecom giant Huawei plans on $1 billion bet on electric, autonomous cars: report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/chinese-telecom-giant-huawei-plans-on-1-billion-bet-on-electric-autonomous-cars-report-2021-04-12?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese telecom Huawei Technologies Co. plans to spend $1 billion in self-driving and electric cars, teaming up with Chinese auto makers to bring to market cars that would bear its logo, ...</p>\n\n<a href=\"https://www.marketwatch.com/story/chinese-telecom-giant-huawei-plans-on-1-billion-bet-on-electric-autonomous-cars-report-2021-04-12?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/chinese-telecom-giant-huawei-plans-on-1-billion-bet-on-electric-autonomous-cars-report-2021-04-12?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161808370","content_text":"Chinese telecom Huawei Technologies Co. plans to spend $1 billion in self-driving and electric cars, teaming up with Chinese auto makers to bring to market cars that would bear its logo, BloombergreportedMonday. \nHuawei executives said at an event in China that the telecom's autonomous-driving technology has already surpassed Tesla Inc.'s TSLA,+2.95% in some areas, such as self-driving for more than 600 miles without human intervention, Bloomberg said. \nHuawei is keen on finding new revenue sources, still reeling from sanctions imposed during the Trump administration that didn't go away with the Biden administration. Huawei also follows a similar path as Chinese tech giant Xiaomi Corp. and, in the U.S., Apple Inc.AAPL,-1.41%,and would also go alongside local electric- and autonomous-car makers Nio Inc.NIO,-2.99%and Xpeng Inc.XPEV,+0.38%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342449401,"gmtCreate":1618238895703,"gmtModify":1704708015785,"author":{"id":"3566427327524934","authorId":"3566427327524934","name":"Gninnix","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3566427327524934","authorIdStr":"3566427327524934"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Upppp","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Upppp","text":"$Apple(AAPL)$Upppp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/342449401","isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}