Gold Rally Is Checked in February as Doubts Creep In
Thursday, 28 February 2019 09:46 WIB |
PRECIOUS METALS |GOLDEMAS
Gold run of monthly gains is at risk of ending in February after bullion failed to break above $1,350 an ounce, holdings in exchange-traded funds contracted, and investors weighed the outlook for the Federal Reserve™s monetary policy and whether the U.S. can avoid a recession.
Prices were steady on Thursday after Fed Chair Jerome Powell told lawmakers he™ll soon announce a plan to stop shrinking the bank™s $4 trillion balance sheet. On the trade front, U.S. Trade Representative Robert Lighthizer struck a cautious tone on prospects for a deal with China, saying much work still needs to be done. His remarks came days after President Donald Trump suggested he was already planning to sign an accord with Chinese leader Xi Jinping.
Spot gold -0.1% to $1,318.48/oz at 10:32am in Singapore.
Source : Bloomberg
Monday, 19 August 2019 15:42 WIB
Gold prices slipped on Monday due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around the world eased concerns about a recession.
Spot gold was down 0.5% at $1,505.98 per ounce at 07:59 GMT.
U.S. gold futures also fell 0.5% to $1,516.80 a...
Monday, 19 August 2019 09:39 WIB
Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China.
Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when a...
Saturday, 17 August 2019 01:26 WIB
Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest rate bonds, the decline in real interest rates in the U.S., [and] uncertainty regarding U.S./China trade policy and political unrest in Hong Kong," said...
Friday, 16 August 2019 20:04 WIB
Gold pulled back Friday from the latest in a string of more-than-six year highs, but remains on track for a weekly gain.
Gold for December delivery on Comex fell $9.60, or 0.6%, to $1,521.69 an ounce, while September silver was off 6.4 cents, or 0.4%, to $17.15 an ounce.
Gold is up around 1% for t...
Friday, 16 August 2019 15:16 WIB
Gold futures are poised for a sixth weekly advance, the best streak in more than three years, on heightened trade uncertainty and concerns about slowing global growth.
China called looming U.S. tariffs a violation of accords reached by Presidents Donald Trump and Xi Jinping, vowing r...