Gold Drifts as Stocks Rise, Brexit Turmoil Continues
Wednesday, 16 January 2019 19:00 WIB |
PRECIOUS METALS |GOLDEMASBullionEmas berjangka
Gold lacked a clear direction, holding the tight range that it™s been stuck in so far this year, as investors weighed the U.K.'s fallout over Brexit against global stock market gains.
Spot gold unchanged at $1,289.51/oz while Bloomberg Dollar Spot Index edged 0.1% up.
Bullion rallied in the final month of 2018 on stock market turmoil and speculation the Federal Reserve would pause in raising rates, but has struggled to sustain momentum in January. The metal hasn™t breached $1,300 since futures briefly traded above that key psychological level earlier this month.
Stocks in Europe gained along with U.S. futures as investors assessed prospects for policy makers to arrest a slowdown in global growth. Gold benefited in December when stock markets tumbled when fears over slowing growth were at their peak.
Saturday, 15 February 2020 01:47 WIB
Gold futures climbed on Friday to tally a gain of roughly 0.8% for the week. Concerns surrounding COVID-19 and its impact on the global economy continued to feed haven demand for the precious metal.
April gold rose $7.60, or 0.5%, to settle at $1,586.40 an ounce. That was the highest most-active co...
Friday, 14 February 2020 18:34 WIB
Gold prices held steady on Friday after easing from a more than one-week high as investors assessed the risks to the global economy from the coronavirus epidemic.
Spot gold was unchanged at $1,575.69 an ounce at 10:36 GMT, having earlier touched its highest since Feb. 4 at $1,577.89. For the week, ...
Friday, 14 February 2020 15:19 WIB
Gold headed for a third weekly gain in four as mounting concerns over the impact of the coronavirus boosted demand for haven assets.
Hubei, the Chinese province at the center of the outbreak, reported almost 5,000 new cases, a day after confirming nearly 15,000 following a revision to its methodolo...
Friday, 14 February 2020 13:16 WIB
Gold prices inched down on Friday after two days of gains, but risk-averse sentiment in the market capped the safe-haven metal™s losses.
Gold Futures for April delivery on New York™s COMEX inched down 0.1% to $1,577.95 by 12:59 AM ET (04:59 GMT). The yellow metal eased from an over one-week pea...
Friday, 14 February 2020 09:35 WIB
Gold headed for the third weekly gain in four as mounting concerns over the impact of the coronavirus boosted demand for haven assets.
Prices climbed as Asian stocks slipped after Hubei, the Chinese province at the center of the outbreak, reported more fatalities, bringing the nation...