Gold Gains on Dovish Fed Expectation; Palladium Record
Tuesday, 19 March 2019 13:15 WIB | PRECIOUS METALS |GOLD Spot EmasPalladium

Gold rose for a third day amid expectations of dovish signals for monetary policy from the Federal Reserve as it meets this week.

The Fed is expected to hold interest rates steady, announce plans for the end of the asset roll-off from its balance sheet, and lower projections for the number of interest-rate hikes this year. The decision is due Wednesday.

Meanwhile, palladium extended this year's gain to reach an all-time high as automakers grapple with an ongoing shortage of the precious metal used in catalytic converters.

Spot gold +0.3% to $1,307.01/oz at 1:33pm in Singapore after +0.6% in previous 2 days 

Palladium as much as +0.5% to record $1,587.25/oz

Source : Bloomberg

RELATED NEWS

Gold Holds Gain as Retail Slump Raises Rate Cut Bets
Thursday, 17 October 2019 12:46 WIB

Gold held an advance as weaker-than-expected U.S. data boosted the case for a third straight interest rate cut by the Federal Reserve at the end of this month. Palladium is closing in on $1,800 an ounce after hitting a series of records this week. Haven demand picked up after re...

Gold steady as disappointing U.S. retail sales weigh on risk appetite
Thursday, 17 October 2019 08:50 WIB

Gold prices held steady on Thursday as weak United States retail sales data fanned concerns that the country's economy may be feeling the pinch of the long-drawn trade war with China, while palladium held close to a record high hit the previous day. Spot gold inched 0.1% higher to $1,490.37 per oun...

Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report
Thursday, 17 October 2019 03:40 WIB

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, ...

Gold Scores a Bounce After Cooler-Than-Expected Retail Sales Report
Wednesday, 16 October 2019 20:58 WIB

Gold prices were climbing on Wednesday as investors watched global political news surrounding trade, Brexit and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. A report of the retail sales fell 0.3% last month, the government said Thursday, ending a ...

Gold Holds Near Two-Week Low as Risk, Growth in Focus
Wednesday, 16 October 2019 15:24 WIB

Gold held near the lowest close in two weeks as investors weighed a revival in U.S.-China tensions and prospects for slower global growth against stronger-than-expected U.S. corporate earnings. Spot gold little changed at $1,481.71/oz at 7:46am in London after -0.8% Tuesday. Bloomberg Dol...

ANOTHER NEWS
Pound Inches Down as Traders Seek Guidance Over Brexit Talks
Thursday, 17 October 2019 13:08 WIB The British pound inched down against the U.S. dollar on Thursday in Asia as traders sought guidance over Brexit negotiations. The GBP/USD pair edged down 0.1% to 1.2822 by 12:25 AM ET (04:25 GMT) after the BBC cited a government source and said...

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.