Gold Holds Drop as Traders Weigh Global Growth Outlook
Wednesday, 27 March 2019 09:02 WIB |
PRECIOUS METALS |GOLDEMAS Spot Emas
Gold held a decline as investors weigh concerns about the global growth outlook, with trade negotiations back in focus.
Markets are steadying as traders speculate the slide in equities and Treasury yields that began Friday in the U.S. was overdone. U.S. and Chinese officials resume high-level trade talks this week as they close in on a deal that could just be the first step in the long road to economic peace.
Meanwhile, Stephen Moore, President Donald Trump's pick for an open Fed board seat, said in an interview with the New York Times, that the central bank should immediately cut rates by half a percentage point.
Spot gold +0.1% to $1,317.33/oz at 8:33am in Singapore; -0.5% on Tuesday.
Source : Bloomberg
Monday, 19 August 2019 21:22 WIB
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Spot gold was down 1.06% at $1,497.85 per ounce. U.S. gold futures slipped 1% to $1,508.1.
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Spot gold was down 0.5% at $1,505.98 per ounce at 07:59 GMT.
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Friday, 16 August 2019 20:04 WIB
Gold pulled back Friday from the latest in a string of more-than-six year highs, but remains on track for a weekly gain.
Gold for December delivery on Comex fell $9.60, or 0.6%, to $1,521.69 an ounce, while September silver was off 6.4 cents, or 0.4%, to $17.15 an ounce.
Gold is up around 1% for t...