dChan
Anonymous ID: 792930 Dec. 24, 2018, 6:15 a.m. No.4450269   🗄️.is 🔗kun   >>0276 >>0399 >>0476 >>0497 >>0567 >>0646

Gold rises as global growth fears boost safer assets

Reuters•December 24, 2018

 

BENGALURU - Gold rose on Monday, trading near last week's six-month high, as concerns about a possible U.S. government shutdown and global growth weighed on the dollar and equity markets, boosting the appeal of assets viewed as safer, such as bullion.

 

Spot gold gained 0.5 percent to $1,262.70 per ounce, as of 1306 GMT in thin trade ahead of the Christmas break. The metal hit its highest since late June at $1,266.40 on Thursday.

U.S. gold futures were 0.6 percent higher at $1,265.40 per ounce.

Global stocks were set for their seventh straight session of losses as fears over a U.S. government shutdown, which could continue into January, weighed on risk sentiment at a time when the global economy is showing signs of faltering.

"There is growing confidence on gold in 2019," said ActivTrades chief analyst Carlo Alberto De Casa. "Gold is expected to play a key role in 2019 as a safe haven given the fears of further falls in stock markets and expectation for a more dovish U.S. Federal Reserve."

 

https://finance.yahoo.com/news/gold-rises-investors-shy-away-035903976.html

Anonymous ID: 792930 Dec. 24, 2018, 6:50 a.m. No.4450596   🗄️.is 🔗kun   >>0625 >>0641

Top general on details of Trump's withdrawal plans: "I have no idea"

 

President Trump's sudden orders to withdraw troops from Syria and Afghanistan — and Defense Secretary James Mattis' subsequent resignation — have left even the most high-ranking U.S. military officials questioning what they should be telling their troops on the ground, the Wall Street Journal reports.

“I don’t think anybody really knows exactly what’s going to happen. I’ve read the same stuff in the newspaper you did, I have a little more knowledge than that, but not a whole lot more.”

— Gen. Robert Neller, commandant of the Marine Corps.

The big picture: Military commanders have reportedly received "no timelines, hard numbers or orders" from the Pentagon — “Nothing formal, just tweets,” said Navy Secretary Richard Spencer. One official told the Journal that the resignation of Mattis was "more devastating" than the withdrawal, while another said that the defense secretary's exit in late February would allow for "adequate continuity." This was, of course, before Trump revealed Sunday that Mattis would be forced out by Jan. 1.

 

https://www.axios.com/trump-syria-afghanistan-withdrawal-military-generals-confusion-f95d5100-fb62-4f4f-a590-3c7e1cbadb6b.html