Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Commodities  >  Gold       XAUUSD

GOLD

SummaryQuotesChartsNews 
News SummaryAll newsMarketScreener Strategies

Materials Down, With Gold Rising, Amid Fears Reopening Efforts May Stall -- Materials Roundup

share with twitter share with LinkedIn share with facebook
06/26/2020 | 04:31pm EDT

Producers of metals and other raw materials fell amid signs that a spike in U.S. coronavirus cases would hamper reopening efforts and the economic recovery.

Economically sensitive industrial metals and agricultural futures tumbled. Gold futures, which investors have used as a hedge against further economic shocks from the coronavirus, rose on the session and the week.

Hog futures tumbled by 6%, their biggest loss since April, as the pandemic fears combined with worries about the viability of the trade deal between the U.S. and China.

Beijing is indicating that U.S. pressure over Hong Kong security and other issues could jeopardize Chinese purchases of farm goods and other U.S. exports under the "Phase One" trade deal, The Wall Street Journal reported.

 

Write to Rob Curran at rob.curran@dowjones.com

share with twitter share with LinkedIn share with facebook
Latest news on GOLD
07/06Asian stocks set to follow U.S. higher on China hopes, upbeat data
RE
07/06Materials Up As Chinese Stock Market Strength Bodes Well For Demand -- Materi..
DJ
07/06Stocks rally, yuan surges as investors bet on China revival
RE
07/06Global stocks rally, yuan surges as investors bet on China revival
RE
07/06TSX rises on energy gains, U.S. services sector rebound
RE
07/06Japan's Mitsui Mining resumes operation of Peru's zinc mines
RE
07/05Recent flurry of M&A by China's big miners
RE
07/05Chinese miners' deal frenzy seen stalling on regulatory hurdles
RE
07/05Congo mines minister to meet with firms on confinement moratorium
RE
07/03Zimbabwe's Landela agrees to buy state-owned gold mines, seeks more assets
RE
More news
Chart GOLD
Duration : Period :
Gold Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GOLD
Short TermMid-TermLong Term
TrendsBullishBullishBullish