Gold Settles at a One-Week High on Dovish Fed
Friday, 22 March 2019 04:00 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures settled at a one-week high on Thursday, buoyed by the Federal Reserve™s dovish policy statement, though strength in the dollar kept prices in check.

On Wednesday, after gold futures settled, the central bank left interest rates unchanged as expected and signaled no further increase in interest rates this year and just one in 2020, according to its new ˜dot plot,™ and the bank said it would end its balance-sheet runoff by September.

The dollar declined shortly after the news, but has recovered its post-Fed loss and moved sharply higher in Thursday dealings. The precious metals that are priced in the U.S. unit continued to rise, but finished off the session™s highs.

Gold for April delivery rose $5.60, or 0.4%, to settle at $1,307.30 an ounce on Comex, after trading as high as $1,320.20. The settlement was the highest since March 13 for a most-active contract, FactSet data show.

Source : Market Watch

RELATED NEWS

Gold ends lower, suffers a weekly loss as bond yields rise
Saturday, 14 September 2019 02:08 WIB

Gold futures ended lower on Friday, giving up earlier gains to feed a loss for the week as appetite returned for assets perceived as risky and bond yields climb. Gold pared some of its earlier gains then turned lower after data Friday revealed that the University of Michigan consumer sentiment inde...

Gold Gains on Weaker Dollar, Rising Equities Cap Upside
Friday, 13 September 2019 19:19 WIB

Gold prices rose back above the key $1,500 level on Friday as the U.S. dollar slipped on the back of a strong euro, though hopes for a thaw in Sino-U.S. trade tensions supported equity markets, capping bullion™s gains. Spot gold rose 0.5% to $1,506.61 per ounce, but was marginally down for the we...

Gold Set for Worst Run in Five Months as Demand Eases
Friday, 13 September 2019 16:09 WIB

Gold is set for a third weekly drop, the worst run in five months, as investors weigh goodwill measures on trade from China and the U.S. against fresh stimulus from the European Central Bank and prospects for another U.S. rate cut next week. Palladium fell after hitting a record Thurs...

Gold treads water as trade optimism lifts risk assets
Friday, 13 September 2019 10:02 WIB

Gold prices were little changed on Friday, on track for a third weekly decline as optimism over the U.S.-China trade talk fanned risk sentiment, while palladium hovered around a record peak on concerns about tight supplies of the autocatalyst metal. Spot gold was trading flat at $1,497.81 per ounce...

Gold tallies a back-to-back gain after ECB unleashes basket of easy-money measures
Friday, 13 September 2019 02:17 WIB

Gold futures marked a second consecutive gain Thursday after the European Central Bank cut eurozone interest rates and delivered a batch of measures intended to boost the region's sluggish economy ” bullish moves for bullion. The ECB cut its deposit rate further into negative territory, decreasin...

POPULAR NEWS
Friday, 13 September 2019 03:32
Hong Kong Shares Close Lower
Saturday, 14 September 2019 03:26
Hong Kong Shares End Week With Sharp Gains
Friday, 13 September 2019 03:16
Wall St Ends Higher On Trade, ECB Stimulus Hopes
ANOTHER NEWS
Hong Kong Shares End Week With Sharp Gains
Saturday, 14 September 2019 03:26 WIB Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week. The Hang Seng Index jumped 0.98 percent, or...

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.