Gold Futures Edge Up For The Session and The Week
Saturday, 12 January 2019 03:45 WIB | PRECIOUS METALS |GOLDEMAS

Gold settled higher on Friday to tally a modest gain of 0.3% for the week, buoyed by an overall decline in the U.S. dollar for the week.

Losses for the U.S. benchmark stock indexes Friday, as gold futures settled, also helped to boost investment demand for the precious metal. "We continue to expect the greenback to decline further over time as expectations over [Federal Reserve interest] rate hikes diminish," said Fawad Razaqzada, market analyst at Forex.com.

"What's more, we think there is a good chance equity markets will struggle this year, as companies may struggle to sustain the same levels of profitability we have seen over the years due to the recent weakness in economic conditions around the world."

February gold settled at $1,289.50 an ounce, up $2.10, or 0.2% for the session.

Source : Market Watch

RELATED NEWS

Gold edges lower after fall in U.S. weekly jobless claims
Thursday, 5 December 2019 21:30 WIB

Gold futures lost ground Thursday, turning slightly lower after a fall in weekly U.S. jobless claims underpinned support for stocks and other risky assets, dulling the yellow metal's haven appeal. Gold for February delivery on Comex was off 70 cents, or less than 0.1%, at $, 479.50 an ounce, while ...

Gold prices steady on mixed US-China trade signals
Thursday, 5 December 2019 16:47 WIB

Gold prices inched up on Thursday as conflicting signals from Washington and Beijing prolonged uncertainty about a trade deal, a day after positive comments on the talks by U.S. President Donald Trump knocked bullion off its one-month high. Gold rose to $1,484 on Wednesday, its highest since Nov. 7...

Gold Steady as Investors Weigh Trade Hopes, U.S. Jobs
Thursday, 5 December 2019 10:10 WIB

Gold was little changed after see-sawing this week as investors assessed the latest optimism surrounding progress on a trade deal between the U.S. and China, and a lower-than-expected U.S. jobs report. The two countries are moving closer to a phase-one pact despite tensions over Hong...

Gold retreats as trade optimism resurfaces, palladium soars
Thursday, 5 December 2019 03:08 WIB

Gold shrugged off earlier gains to fall on Wednesday, as a report suggesting progress on the U.S.-China trade negotiations rekindled risk appetite, while palladium notched up a fresh peak. Spot gold slipped 0.3% to $1,472.26 per ounce. Prices had hit $1,484 earlier in the session, their highest lev...

Gold Steadies as Investors Await Clarity on US-China Trade
Wednesday, 4 December 2019 19:24 WIB

Gold steadied on Wednesday, hovering near a one-month high as investors awaited clarity on the U.S.-China trade talks, while palladium soared to another all-time high on scarce supply. Spot gold little changed at $1,476.17 per ounce, after hitting its highest since Nov. 7 at $1,484 earlier in the s...

ANOTHER NEWS
Stocks open higher on trade talk optimism
Thursday, 5 December 2019 21:38 WIB U.S. stocks opened higher Thursday after reports that trade talks with China were still on track and following positive data on the labor market. The Dow Jones Industrial Average rose 55 points, 0.2%, to open near 27,704. The S&P 500 rose...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.