Gold Slips to Six-Month Low on Dollar

Thursday, 21 June 2018 09:02 WIB

Gold drops to lowest level in six months as the stronger-dollar environment continues to weigh on the precious metal, even as simmering trade tensions stoke concern for global growth. Bullion for immediate delivery as much as -49 cents to $1,267.37/oz, lowest since Dec. 22, and trades at $1,268.19 at 9:41am in Singapore. Bloomberg Dollar Spot Index holds near highest since July 2017. In other precious metals : Silver flat at $16.2762/oz ,Platinum -0.2% to $868.96/oz, after dropping to $860.10 on Weds, lowest level since Feb. 2016. Source : Bloomberg

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PRECIOUS METALS
Gold Slips to Six-Month Low on Dollar
Thursday, 21 June 2018 09:02 WIB Gold drops to lowest level in six months as the stronger-dollar environment continues to weigh on the precious metal, even as simmering trade...
ENERGY
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CURRENCIES
Dollar buoyant near 11-month highs, shaky pound awaits BoE
Thursday, 21 June 2018 07:55 WIB The dollar hovered near an 11-month high against a basket of currencies on Thursday, supported by a rise in U.S. yields, while the pound struggled...

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