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Given the Thanksgiving holiday in the US, gold (XAU/USD) moved within a narrow range yesterday. XAU/USD rose only by 0.06%. Geopolitical risks and fears of a trade war continue to support the price of gold as a safe haven asset. Russian President Vladimir Putin said that Russia might use its new hypersonic missile to attack decision-making centres in Ukraine in response to the launch of Western missiles on its territory. Also, US President-elect Donald Trump promised earlier this week that tari ...Read More >
Bangkok, Shares were mixed on Thursday in Asia after stocks on Wall Street retreated, weighed down by losses for technology shares. Tokyo's Nikkei 225 index gained 0.7 per cent to 38,400.00 and Australia's S and P/ASX 200 advanced 0.8 per cent to 8,473.30. South Korea's Kospi was unchanged at 2,503.01 after the central bank cut its benchmark interest rate to relieve pressure on the economy. The Bank of Korea cut its key rate by a quarter percentage point to 3 per cent and lowered its outlook ...Read More >
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