Gold ETF Outflows Extend to Fifth Week as Price Drifts
Monday, 11 March 2019 17:45 WIB | PRECIOUS METALS |GOLDEMAS

Investors continued to pull money out of gold-backed exchange-traded funds, as the precious metal holds below $1,300 an ounce and markets await fresh catalysts.

Spot gold down 0.2% to $1,296.33/oz. Metal as much as +1.2% to $1,300.81 on Friday, to highest since March 1. Bloomberg Dollar Spot Index little changed. In other precious metals Silver -0.1%, Platinum -0.5% and Palladium little changed.

Holdings in bullion-backed ETFs declined for a fifth week to the lowest level in two months. The metal has fallen out of favor lately following a stellar start to the year, but managed to eke out a weekly gain after Friday™s U.S. payroll data.

Source : Bloomberg

RELATED NEWS

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus
Friday, 6 December 2019 10:11 WIB

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for the key monthly U.S. jobs data due later Friday. President Donald Trump said that talks were œmoving along well, although a news report said that Washington and B...

Gold prices recoup some of their recent losses ahead of U.S. jobs data
Friday, 6 December 2019 02:11 WIB

Gold futures finished higher Thursday, recouping much of the losses suffered a day earlier, as traders awaited monthly domestic employment data due at the end of the week, which may influence haven demand for the precious metal. Gold for February delivery on Comex added $2.90, or 0.2%, to settle at...

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...

ANOTHER NEWS
The US is considering sending additional troops to the Middle East
Friday, 6 December 2019 11:09 WIB The Wall Street Journal newspaper reported on Wednesday (4/12), that the United States (US) was considering sending an additional 14 thousand more troops to the Middle East in the face of Iran's threat. The deployment plan includes "dozens" of...

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.