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Morning brief: Asia markets diverge as gold hits records, Dollar slides

Summary by Invezz

Global markets were mixed as Asia diverged from Wall Street records, gold hit fresh highs on dollar weakness, and Amazon staff faced layoff jitters.

4 Articles

Handelsblatt

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Gold: Dollar Weakness Drives Investors Into Gold and Swiss Francs

Investors diverge from their dollar stocks and shift to "secure ports." The Gold Rally reaches its next peak, the Swiss franc the highest level in a decade.

4 hours ago·Düsseldorf, Germany

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Al Bawaba

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Gold Scores a New Record.

Gold records a record level of $5,300 per ounce. The price of gold is today, Wednesday, $5,300 per ounce, thereby recording a new historical level on world markets...

8 hours ago·Amman, Jordan

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Ultimo Cable - Noticias del Mundo

Gold Sets a New Record Above $5,280 After Trump Comments on the Dollar

MARKETS.— Gold skyrocketed to an all-time high above $5,280 an ounce, spreading a dizzying rally driven by the weakness of the US dollar and the flight of investors from sovereign bonds and currencies. Precious metal rose to 2% this Wednesday, adding to the 3.4% jump recorded on the previous wheel—its biggest daily advance since April—after President Donald Trump claimed he is not concerned about the fall in the dollar’s value, which brought the…

4 hours ago

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