Gold Gains on Dovish Fed Expectation; Palladium Record
Tuesday, 19 March 2019 15:12 WIB |
PRECIOUS METALS |GOLDEMAS
Gold rose for a third day amid expectations of dovish signals for monetary policy from the Federal Reserve as it meets this week.
Spot gold +0.1% to $1,305.49/oz at 7:42am in London after +0.6% in previous 2 days. Palladium as much as +0.6% to record $1,588.77/oz. Bloomberg Dollar Spot Index steady after -0.2% on Monday.
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.
Source : Bloomberg
Wednesday, 23 October 2019 12:36 WIB
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Spot gold was up 0.1% at $1,489.45 per ounce, as of 04:41 GMT. U.S. gold futures rose 0.3% to $1,492.50 per oun...
Wednesday, 23 October 2019 08:53 WIB
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Spot gold was unchanged at $1,488.50 per ounce, as of...
Wednesday, 23 October 2019 02:16 WIB
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Tuesday, 22 October 2019 20:25 WIB
Gold futures struggled for direction Tuesday as investors kept an eye on developments surrounding Brexit and U.S.-China trade talks.
Gold for December delivery on Comex were up $1.10, or 0.1%, at $1,489.20 an ounce, while December silver was off 3.7 cents, or 0.2%, at $17.565 an ounce.
A firmer to...
Tuesday, 22 October 2019 15:56 WIB
Gold reversed earlier losses as investors digest the latest trade and Brexit news. Holdings in gold-backed exchange-traded funds continue to close in on a record set in 2012.
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