Gold plunges 3% as Trump Treasury pick and potential Israel Hezbollah truce fuel risk on mood

Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood

A potential Israel-Hezbollah ceasefire agreement and Bessent's appointment were the key contributors to the bullion selloff, experts said.

Business - CNBC - Yesterday

How Trump's team is reacting to a potential Israel-Hezbollah ceasefire deal

A U.S. official tells CBS News that President-elect Donald Trump's team reacted favorably to a potential ceasefire deal brokered by the U.S. and France for an end in the war in Lebanon between ...

2-year Treasury yield sees biggest monthly rise since February 2023

Treasury yields finished little changed on Thursday after a closely followed inflation reading, but booked solid monthly increases.

Business - MarketWatch - October 31

U.S. Envoy Visits Lebanon, Seeking Truce Between Israel and Hezbollah

The envoy, Amos Hochstein, said an end to the fighting was “within our grasp” after meeting in Beirut with Lebanon’s Parliament speaker, a key interlocutor with Hezbollah.

World - The New York Times - November 19

Cease-Fire in Lebanon Takes Effect

The truce is intended to stop more than a year of fighting between Israel and the Lebanese militant group Hezbollah.

World - The New York Times - 1 hour ago

A Fragile Israel-Hezbollah Truce, and a Push to Make You Love Plastic

Plus, the A.I. granny scamming the scammers.

Top stories - The New York Times - 1 hour ago

Will Biden address potential Israel-Hezbollah ceasefire deal?

All eyes are on the White House as news emerges of an imminent ceasefire deal between Israel and Hezbollah to stop fighting in Lebanon. CBS News' Scott MacFarlane has more on the U.S. reaction to ...

Netanyahu announces potential Israel-Hezbollah ceasefire deal

Israeli Prime Minister Benjamin Netanyahu has announced that he will bring his security cabinet a proposal for a ceasefire deal between Israel and the Hezbollah militant group backed by Iran. CBS ...

Israel keeps up fierce Lebanon bombardment and awaits Hezbollah response on truce proposal

BEIRUT — An Israeli airstrike flattened a building near one of Beirut’s busiest traffic junctions Friday, shaking the Lebanese capital as Israel kept up its intensified bombardment even as ...

US envoy says Israel-Hezbollah truce is 'within our grasp' as Gaza food crisis worsens after looting

U.S. envoy Amos Hochstein says an agreement to end the Israel-Hezbollah war is “within our grasp” after meeting with officials in Lebanon

World - ABC News - November 19

AP PHOTOS: A look at more than a year of fighting as Israel and Hezbollah begin ceasefire

Smoke rising from the rubble of multistory buildings in Beirut. Rockets streaking over the blackened hills of northern Israel. People fleeing their homes, not knowing when or if they will return. ...

World - ABC News - 7 hours ago

Trump's Treasury pick search

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump mulls new Treasury options, Commerce pick President-elect Trump is ...

Politics - The Hill - November 18

White House on potential Israel-Hezbollah cease-fire deal

White House National Security Council spokesman John Kirby updated reporters on the potential progress in cease-fire talks for a deal between Israel and Hezbollah. CBS News' Weijia Jiang has the ...

What we know about a potential Israel-Hezbollah ceasefire

A massive explosion from an Israeli strike reduced a building in Beirut, Lebanon, to rubble over the weekend. With months into the latest round of the Israel-Hezbollah conflict, a possible ...

Israeli Ministers Plan to Vote on Truce With Hezbollah

Prime Minister Benjamin Netanyahu was expected to present a deal mediated by U.S. and French diplomats to end fighting that has killed thousands, mostly in Lebanon, and displaced many more.

World - The New York Times - Yesterday

A potential Israel-Hezbollah cease-fire deal has emerged. Here's what to expect

Israeli Prime Minister Benjamin Netanyahu will convene his security cabinet on Tuesday afternoon to vote on the cease-fire deal.

Gold's price is plunging. Is this the right time to buy in?

Gold's price has dropped to a three-week low, which could present a good opportunity for investors. Here's why.

Gold suffers worst week in 3 years as investors weigh Trump victory

Dollar surge and Trump win brings metal’s rally to a halt

Business - Financial Times - November 16

Trump picks Scott Bessent as Treasury secretary

Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs

Business - Financial Times - 4 days ago

Trump picks hedge fund manager Scott Bessent to serve as treasury secretary

President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.

The Markets Cheer Trump’s Treasury Pick, Scott Bessent

Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.

Top stories - The New York Times - Yesterday

Who is Trump's treasury secretary pick, Scott Bessent?

Scott Bessent, a billionaire hedge fund manager who has helped fundraise for Donald Trump, is the president-elect's choice to lead the Treasury Department.

U.S. envoy in Beirut for talks after Lebanon and Hezbollah approve truce draft

U.S. envoy Amos Hochstein landed in Beirut on Tuesday for talks with officials on a truce between armed group Hezbollah and Israel.

Biden team briefed Trump transition on Israel-Hezbollah ceasefire

President-elect Trump's transition team has received briefings from the chief architect of the Israel-Hezbollah ceasefire deal under President Biden, a senior administration official said Tuesday. ...

Politics - The Hill - 14 hours ago

Consumer anger over high prices piles pressure on politicians

Post-Covid inflation rise leaves toxic legacy for governments across rich economies

Business - Financial Times - November 11

Australian gold miner’s shares plunge after chief executive detained in Mali

Resolute Mining says Terence Holohan and other executives were in Bamako to discuss claims made against company

Business - Financial Times - November 11

Gold's price plunges from record highs: How to take advantage now

The price of gold is cooling again. Here are three ways investors can take advantage of it right now.

Israel, Hezbollah agree to ceasefire

Israel and Hezbollah have agreed to a temporary ceasefire which will pause the fighting in the north of Israel beginning Wednesday morning local time. But before the ceasefire takes effect, Israel ...

The Israel-Hezbollah war by the numbers

A ceasefire has taken effect between Israel and Lebanon-based Hezbollah

World - ABC News - 5 hours ago

Trump backer John Paulson bows out as possible Treasury secretary pick

John Paulson said he would remain in involved in implementing economic policies of President-elect Donald Trump

Business - CNBC - November 12

Trump’s Treasury secretary choice: Scott Bessent, Larry Kudlow or Howard Lutnick might be picked

Support for tariffs looks like a key qualification for this crucial job in the next Trump administration.

Business - MarketWatch - November 15

Musk publicly supports Lutnick for treasury secretary as Trump considers pick

Musk’s comments on X in support of candidate comes amid anxiety over entrepreneur’s proximity to Trump. . Elon Musk has publicly weighed in on Donald Trump’s choice for US treasury secretary, one ...

World - The Guardian - November 17

After Flurry of Cabinet Picks, Trump Rethinks Candidates for Treasury Secretary

President-elect Donald J. Trump is expected to invite the contenders for the role, including Kevin Warsh and Marc Rowan, to Mar-a-Lago this week.

Top stories - The New York Times - November 18

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