Tuesday, 18 December 2018 20:55 WIB |
PRECIOUS METALS |GOLDEMASEmas berjangka
Gold was pinned near roughly one-week highs early Tuesday, its action limited, however, as a leading dollar index slipped but stocks looked headed for a tepid recovery.
Markets, broadly, are awaiting the outcome of a midweek Federal Reserve decision on interest rates and hints at the voracity of next year's expected policy changes.
Gold for February delivery on Comex was quoted virtually unchanged at $1,251.80 an ounce, holding at Monday's highest settlement in a little over a week and up about 2% so far in December, according to FactSet data.
The SPDR Gold Shares ETF traded up slightly in early Tuesday dealings, expanding its month-to-date gain to more than 2%.
The dollar, as measured by the ICE U.S. Dollar Index DXY, -0.25% was down 0.3% at 96.84. A weaker U.S. unit typically boosts demand for commodities priced in dollars as it makes them less expensive to users of other currencies.