Real-time Financial News

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2024-11-20 Wednesday
  • 23:49:36

    Goldman Sachs: Raised gold price forecast from $2,300 to $2,700 per ounce by the end of the year.

  • 23:46:15

    According to AXIOS: Three U.S. officials said that earlier this week, Iran sent a message to the Biden administration through several Arab countries that U.S. troops in the Middle East would be attacked if the United States became involved in a conflict between Israel and Iran.

  • 23:41:36

    Both U.S. dollar and Brent crude oil fell back by $0.8 in the short term and are now trading at $85.89 per ounce and $90.45 per ounce respectively.

  • 23:40:21

    "Federal Reserve Mouthpiece" Nick Timiraos: Most institutions now believe that the first rate cut will not occur before the third quarter, and many institutions expect only one or two rate cuts this year.

  • 23:39:24

    "Fed Mouthpiece" Nick Timiraos: The March inflation report triggered a "jailbreak" among sell-side banks and other Fed forecasters, who essentially abandoned their previous forecasts of a June rate cut.

  • 23:30:28

    Spot silver fell back below $29 an ounce, with the intraday gains narrowing to about 2%.

  • 23:25:47

    Spot gold continued to fall, falling more than $30 from its historical high and is now trading at $2,399 an ounce.

  • 23:13:18

    Spot gold has fallen nearly $20 from its historical high and is now trading at $2,411 an ounce.

  • 23:04:50

    [Gold price surged by $60 during the day to above 2430] Spot gold surpassed the $2430/ounce mark, setting a new all-time high and rising by about $60 during the day.

  • 23:00:52

    As of 23:00, the main domestic futures contracts rose across the board. Fuel oil rose by more than 3%, low sulfur fuel oil (LU), soybean No. 2, coking coal, rapeseed meal, rapeseed oil, and coke rose by more than 2%. In terms of decline, soybean No. 1, No. 20 rubber (NR), glass, polyvinyl chloride (PVC), and rebar fell slightly.

  • 22:57:39

    COMEX gold futures rose 3.00% during the day and are now trading at $2,443.90 an ounce.

  • 22:57:32

    The Euro Stoxx 600 index erased earlier gains and was now flat.

  • 22:53:51

    [Spot gold breaks through the 2420 mark] Spot gold stood above the 2420 US dollars/ounce mark, setting a new historical high and rising by more than 2% during the day.

  • 22:50:50

    The British pound sterling against the US dollar GBP/USD fell 1.00% during the day and is now trading at 1.2427.

  • 22:37:59

    The three major U.S. stock indices all fell 1%, with the Nasdaq Composite Index falling 1.3%.

  • 22:31:53

    WTI crude oil hit $87 per barrel, the first time since October last year, up 2.35% on the day.

  • 22:23:15

    The White House: The United States cannot confirm Hamas’ claim that “there are no 40 hostages”.

  • 22:22:19

    The White House: More than 1,000 trucks have entered Gaza in the past few days; Israel has fulfilled its commitments at other crossings in Gaza, but this is not enough.

  • 22:21:38

    The White House: We are still waiting for a response from Hamas after the latest round of hostage negotiations.

  • 22:18:31

    U.S. Treasury yields fell further; the 10-year yield fell 9 basis points on the day to 4.489%.

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