Gold Steadies as Trade Optimism Dims on Huawei Sanctions
Thursday, 16 May 2019 12:56 WIB | PRECIOUS METALS |GOLDEMAS

Gold steadied on Thursday, consolidating in a tight range below the key $1,300 pivot, as Washington slapped sanctions on Chinese telecoms giant Huawei, souring optimism for a thaw in U.S-China trade tensions.

Spot gold was unchanged at $1,296.30 per ounce at 0409 GMT, moving in a narrow range of about $3.

U.S. gold futures edged 0.1% lower to $1,296.80 an ounce.

œThere are still a lot of underlying tensions (surrounding U.S.-China trade relations) so that might be supportive for gold, said John Sharma, economist at National Australia Bank.

While gold™s gains may be limited by expectations of talks between the U.S. and China, the metal would still hover in the $1,280-$1,310 range, Sharma added.

Source : Reuters

RELATED NEWS

Gold Futures Score First Weekly Gain in a Month
Saturday, 21 September 2019 01:24 WIB

Gold futures climbed Friday to tally a gain for the week, the first in four weeks, as geopolitical tensions remained high, boosting haven demand for the precious metal. President Donald Trump announced further sanctions on Iran. "The confrontation with Iran [is] still very real," said Jeff Wright, ...

Gold ticks higher, set to snap streak of weekly declines
Friday, 20 September 2019 19:43 WIB

Gold prices inched higher Friday but gains were capped by a rise in bonds yields and stocks. However, bullion's trade over the past five sessions puts it on pace to break out of a weekly skid of three consecutive weekly losses. Gold for December delivery on Comex was up 80 cents, or less than 0.1%,...

Gold Stands Tall Above $1,500 After Fed as Palladium Hits Record
Friday, 20 September 2019 16:00 WIB

Gold headed for the first weekly advance in four as mounting economic headwinds and monetary easing stayed in focus after this week's mixed policy messages from the Federal Reserve. Palladium rallied to record. Gold has advanced 17% this year as global conditions worsened and central...

Gold Prices Rise, Recover from Losses After Fed's Decisions
Friday, 20 September 2019 13:04 WIB

Gold prices rose on Friday in Asia, recovering from losses suffered in the previous session following the conclusion of the U.S. Federal Reserve's latest policy meeting. Gold Futures for December delivery traded 0.4% higher at 1,512.25 per ounce on the Comex division of the New York Mercantile Exch...

Gold Prices Flat; Vulnerable to Near-Term Correction
Friday, 20 September 2019 08:32 WIB

Gold prices are flat in early Asian trade as investors remain unsure on the outlook for further monetary easing by the U.S. Fed. Gold is likely to continue to resonate with investors as it provides the "ultimate hedge against recessionary fears which remain elevated," AxiTrader says. However, ...

POPULAR NEWS
Saturday, 21 September 2019 03:33
Hong Kong Stocks Close Down
Friday, 20 September 2019 01:13
Gold Marks First Loss in 4 Sessions
Saturday, 21 September 2019 03:27
Wall Street Falls as Trade Optimism Fizzles
Friday, 20 September 2019 03:36
Hong Kong Stocks End With Fresh Losses
ANOTHER NEWS
Hong Kong Stocks Close Down
Saturday, 21 September 2019 03:33 WIB Hong Kong stocks ended the week with another loss Friday as investors fret over the impact of weeks of sometimes violent protests on the city's economy. The Hang Seng Index slipped 0.13 percent, or 33.28 points, to 26,435.67. The benchmark...

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.