Thursday, 16 August 2018 09:00 WIB |
PRECIOUS METALS |GOLDEMAS
Gold prices shed over one percent on Thursday to hit their lowest in more than 19 months, with the U.S. dollar holding steady near a recent peak as concerns about a Turkey crisis and China™s economic health weighed on emerging market currencies.
Spot gold was down 0.8 percent at $1,164.71 an ounce, as of 0055 GMT. Earlier in the session, the bullion fell as much as 1.2 percent to $1,159.96, its lowest since January 2017.
U.S. gold futures were down 1.1 percent at $1,172.7 an ounce.
The dollar index, which measures the greenback against a basket of six major currencies, was up about 0.1 percent at 96.756, after climbing to a more-than-13-month high at 96.984 in the previous session.