The gold price could hit US$1,400 per ounce, reaching its highest level in five years, if a trade war breaks out, Sprott US Holdings CEO Rick Rule told Bloomberg.
Spot gold rose 0.2 percent to $1,334.64 per ounce as of 0700 GMT, after falling 0.6 percent in the previous session.
"Gold. gave up its gains after (U.S. PresidentDonald Trump's economic adviser) Larry Kudlow calmed fears that the trade rhetoric will escalate", said Jordan Eliseo, chief economist at gold trader ABC Bullion.
However, gold stayed firm at Rs 31,610 per 10 gram in scattered deals despite firm trend overseas. "As well as a slightly positive tone in the stock markets, the dollar has rebounded against both the euro and the yen", said Forex.com market analyst Fawad Razaqzada. "Should the greenback regain its poise then gold could come under further pressure". While US Treasury yields are now falling (10-year Treasuries are trading at 2.819%), this is having a limited impact on gold prices.
Driver charged with DUI after Masters-bound bus overturns
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Stocks to keep an eye on Today: MSCI Inc. (MSCI), AT&T Inc
The ART is a specific type of indicator, which is capable of weighing up stock volatility in the financial markets effectively. Going move backward a period of six month analysis we come to know that stock soared 25.41% giving rising alert for Investors.
However, Trump late on Thursday said he had instructed United States trade officials to consider $100 billion in additional tariffs on China, fuelling an already heated trade dispute between the world's two biggest economies.
Gold is often used as a safe place to park assets during times of financial or political uncertainty.
"We assign a 30 per cent probability that gold prices can scale US$1,400 an ounce this year".
"There are the usual precautionary position adjustments in the game ahead of the NFP (non-farm payroll) as a substantial employment number, and wage growth would see the market quickly price in a more aggressive Fed policy (four rate hikes) and push gold prices lower", said Stephen Innes, head of trading in Asia-Pacific for OANDA in Singapore.
Meanwhile, spot silver inched down 0.2 percent to $16.24 per ounce. Platinum slipped 0.6% to $904.50 an ounce, and was on track for a second straight week of losses, down over 2%.
We should analyse the challenge we face and the way we deal with it from the perspective of the economy", he said. While US farmers can benefit from healthy Sino-US economic ties, the export amount to China was too big, he said.
However, in the futuristic music video of the track, Cardi B and Minaj do not appear in the same scenes together. NY rapper Cardi B has delivered a key clue to learning whether or not she's expecting a baby.
During the rath yatra, he said, it would be displayed on LED screens how the state government was fooling people of the state. He said, "Saints and seers were accorded the MoS status to make their work of environment and river conservation easy".
The Cruze Hatch, which accounts for 20% of the model's sales according to GM, should add a lower-priced LS trim level. LED lighting is used for headlamps on Premier models and there are LED daytime running lamps for LT and Premier.
He also emphasised the need to advance the peace process in a phone call with US President Donald Trump on Monday night. Saudi Arabia is considered the birthplace of Islam and has traditionally not recognized Israel, according to Reuters .
Jay Clayton, the head of the SEC, said that the organization is devoting a "significant portion of resources" to the ICO market. The Centra Tech ICO offered investors the opportunity to invest in the company by acquiring Centra digital coins, or tokens.
Dhoni, Faf du Plessis, Ravindra Jadeja, Kedar Jadhav, Lungi Ngidi or Imran Tahir, Shardul Thakur, Mark Wood and Karn Sharma. CSK will try to make their comeback in style while Mumbai will be hoping to start their title defense with a win.
Salman was held under Section 9/51 of the Wildlife (Protection) Act which provides for a maximum punishment of six years in jail. His other big venture this year was " Bharat ", a Rs 200-crore film, reportedly Salman's most costly home production.
Now we see the performance from the period beginning the first day of the current calendar or fiscal year up to the current date. The Relative Momentum Index is calculated as the ratio of average upward price changes to the average absolute price change.
Manufacturers have been working hard to reformulate soft drinks to bring them below the levy's thresholds. They may appear healthy but contain large amounts of natural sugars.
Cripps, Moosman lead Carbon Softball to Dominating Win
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Pearson, Gold Coast's face of the games, out with injury
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Moto G6 phones to be revealed April 19 in Brazil
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Nepali PM arrives in Delhi
Though last month, Oli told a Chinese daily that he meant to revive the Budhi Gandaki, no matter what may come his way. He will also engage with the business community as well as the Nepalese diaspora in India.
Champions League quarters action - who's saying what
Only Messi who has netted six times in the Champions League this season has scored more for Barcelona . At least one bottle was thrown and smashed on the side of the bus but did not break any of its windows.
Jordan Spieth leads after day one at the Masters
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Dylan, Kesha change pronouns in songs to honour LGBTQ
Kesha - who has re-recorded Janis Joplin's classic as " I Need a Woman to Love " - has said in the past: "I don't love just men". Vincent , Death Cab for Cutie frontman Ben Gibbard , Bloc Party singer Kele Okereke , and Valerie June .
Google Pixel 3 May Boast Improved Networking Capabilities
The upcoming mid-budget Pixel device is going to be a low-priced smartphone and will only be available in select markets. Third Pixel variant in 2018? Google, last month rolled out the Android P developers preview to the old Pixel devices.