00:00The world's coal prices plummeted in the middle of China's economic slowdown in the third quarter of 2024.
00:07The gold price again reached the highest record because the war in the Middle East was heating up.
00:13Meanwhile, the oil price rose slightly, but to the position of the largest decline in a month.
00:23The world's coal prices plummeted in the middle of China's economic slowdown in the third quarter of 2024.
00:29The world's coal prices plummeted in the middle of China's economic slowdown in the third quarter of 2024.
00:36The latest government data shows that China's GDP grew 4.6% year-on-year in the third quarter of 2024,
00:43according to estimates, but slowed from 4.7% in the previous quarter.
00:48This condition has also been investigated, but there is no explanation related to the stimulus from the Chinese government.
00:53Based on the definitive trade data on Thursday, the U.S. coal price fell 0.14% to US$145.75 per ton.
01:05The gold price plunged to US$2,700 per troy ounce in Friday morning trading,
01:11and again reached the highest record in a long time.
01:15This happened due to uncertainties related to the US President's election and the war in the Middle East that is getting hotter.
01:21This prompted investors to look for safe haven assets.
01:24Meanwhile, the monetary policy that has been unstable continues to keep the gold price high.
01:29The Malaysian gold price rose 0.5% to US$2,706.76 per troy ounce, adding an increase of almost 2% in the last quarter.
01:40The oil price remained stable, while the thin oil sold in the morning in Asia
01:44was supported by a drop in US oil supplies and the Middle Eastern tensions that are heating up.
01:49However, the oil price plunged six weeks, the largest in more than a month due to concerns about lower demands.
01:57According to Reuters, the price of crude oil rose 0.2% to US$74.61 per barrel,
02:03while crude oil West Texas Intermediate America rose 0.2% to US$70.84 per barrel.
02:11Various sources, IDX News.
02:41The gold price rose 1.91% to US$17,035.50 per ton, while gold rose 0.50% to US$2,721.10 per troy ounce,
02:53while thin CPO rose 0.06% to US$4,346 per ton.
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