Gold Set for 3rd Weekly Gain as Growth Concerns Mount
Saturday, 23 March 2019 04:12 WIB |
PRECIOUS METALS |GOLDEMAS
Gold posted a third straight weekly gain after weak factory reports in Europe underscored the U.S. Federal Reserve™s concerns over global growth, fueling demand for the metal as a haven.
Data Friday showed renewed weakness in France and the deepest slump in German manufacturing in more than six years. The figures come two days after the Fed scaled back its projected interest-rate increases and downgradedeconomic forecasts. Traders and analysts remained bullish on the precious metal, according to a weekly Bloomberg survey.
Gold futures for June delivery settled +0.4% to $1,318.70 an ounce at 1:32pm on the Comex in N.Y.
Source : Bloomberg
Monday, 14 October 2019 16:23 WIB
Gold holds below its 50-day moving average after dropping last week on U.S.-China trade optimism. Palladium hit a fresh record.
Spot gold +0.1% at $1,490.20/oz after losing 1% last week. Palladium gained as much as 0.5% to $1,707.84/oz, new all-time high. Silver gained 0.2%, while pl...
Monday, 14 October 2019 13:35 WIB
Gold held a drop as investors weighed signs of progress in U.S.-China trade negotiations, though sentiment was capped amid some skepticism about the accord.
The U.S. and China agreed on the outlines of a partial trade accord Friday that President Donald Trump said he and his counterp...
Monday, 14 October 2019 09:31 WIB
Gold prices eased on Monday, extending falls into a third session, as news that the United States and China had made progress in their recent high-level trade talks lifted risk appetite.
Spot gold dropped by 0.3% to $1,485.56 per ounce, as of 00:36 GMT. U.S. gold futures edged 0.1% higher to $1,489...
Saturday, 12 October 2019 01:01 WIB
Gold futures fell on Friday to settle at their lowest level month to date, tallying a loss of 1.6% for the week. Hope for progress in U.S.-China trade negotiations provided support for U.S. benchmark stock indexes, dulling demand for haven gold.
December gold fell $12.20, or 0.8%, to settle at $1,4...
Friday, 11 October 2019 20:38 WIB
Gold futures on Friday headed sharply lower, putting bullion on track to record its steepest daily drop in October, dragging the commodity to its sharpest weekly fall in more than a year, amid growing optimism on Sino-American trade talks and progress on Brexit.
December gold on Comex was down $17,...