Gold Scores Highest Finish in a Month as Global Market Jitters Persist
Tuesday, 26 March 2019 01:36 WIB | PRECIOUS METALS |GOLDEMAS

Haven gold pushed higher again Monday to tally its best finish in about a month, as financial markets kept attention fixed on global growth fears and as a recessionary alarm persisted in the bond market.

Bonds rose on Monday after Friday™s action marked the first U.S. Treasury yield curve inversion since 2007, feeding concerns around this oft-referenced recession signal. As such, U.S. stocks moved lower in Monday dealings as gold futures settled.

Gold for April delivery on Comex rose $10.30, or 0.8%, to settle at $1,322.60 an ounce, with prices for the most-active contract logging its highest finish since Feb. 26, according to FactSet data. The contract scored a gain of 0.7% last week, which marked its third weekly rise in a row, as investors sought the relative safety of precious metals away from risk-on markets, including stocks.

Source : Marketwatch

RELATED NEWS

Gold gives up nearly all of its gains, but settles at highest since late August 2013
Wednesday, 26 June 2019 01:14 WIB

Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an interest-rate cut in July is not a done deal. Following those comments, Ge...

Gold Sticks to Gains Above $1425 Level Ahead of US Data/Powell
Tuesday, 25 June 2019 21:16 WIB

Gold trimmed a part of its early strong gains to fresh multi-year tops but has managed to hold with goodish intraday daily gains around the $1328 region. Having jumped to an intraday high level of $1439.08 - the highest since May 2013, the precious metal witnessed some profit-taking from extremely ...

Gold Takes Aim at Fresh 2013 Highs as U.S.-Iran Tensions Build
Tuesday, 25 June 2019 15:54 WIB

Geopolitical tensions helped nudge investors into gold on Tuesday, driving the precious metal deeper into record territory. August gold rose $19, or 1.3%, to $1,437.40 an ounce, which could put the precious metal on track for the highest settlement for a most-active contract since May 10, 2013, acc...

Gold Jumps to Highest in Almost 6 Years Fueled by Rising Risks
Tuesday, 25 June 2019 10:56 WIB

Gold's rally shows no signs of abating. The metal surged to the highest level in almost six years as fresh U.S. sanctions on Iran added to uncertainty in global markets, with investors also looking to the G-20 summit this weekend where Presidents Donald Trump and Xi Jinping are expec...

Gold notches a third straight session gain, its second above $1,400
Tuesday, 25 June 2019 01:25 WIB

Gold futures climbed sharply on Monday, extending their streak of gains to a third consecutive session. Weakness in the U.S. dollar and 10-year Treasury yield, expectations for lower interest rates among global central banks, as well as geopolitical concerns continued to support haven demand for the...

ANOTHER NEWS
Hong Kong Stocks Drop More Than One Percent (Review)
Wednesday, 26 June 2019 03:58 WIB Hong Kong shares fell more than one percent Tuesday, hit by concerns over rising Iran-US tensions and as investors await this week's crucial trade talks between Donald Trump and Xi Jinping. The Hang Seng Index sank 1.15 percent, or 327.02 points,...

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.