https://newsletter.mw.creamermedia.com
Gold|Bearing
Gold|Bearing
gold|bearing

TRADE WAR WHIRLWIND

30th August 2019

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

The trade war between the US and China sent the gold price up as investors sought shelter from what they figured was a gathering storm. But US inconsistency in going this way and then that may have the precious metal taking unexpected routes. At the time of going to press, gold futures rallied above $1 500/oz on sustained demand for the traditional haven, as global growth slowed and central banks eased monetary policy. Last month, the US Federal Reserve reduced borrowing costs for the first time in more than a decade, responding in part to the impact of the trade war. Lower rates boost the appeal of noninterest-bearing bullion and some expect a total of three US rate reductions this year, which could have gold investors cheering.

Comments

Showroom

AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.073 0.177s - 126pq - 2rq
Subscribe Now