Gold lower and risks weekly loss, on upbeat U.S. economic data
Saturday, 18 May 2019 01:10 WIB |
PRECIOUS METALS |GOLDEMAS
Gold futures fell Friday, building on a loss for the week, on the back of a jump in U.S. consumer sentiment and a slightly firmer dollar.
June gold on Comex was off $9.50, or 0.7%, at $1,276.70 an ounce. Prices were headed for the lowest most-active contract finish since May 2, according to FactSet data. Declines leave the metal headed for a roughly 0.8% loss for the week.
Among other metals, July silver declined 14.4 cents, or 1%, to $14.395 an ounce. The silver market was looking at a weekly loss of 2.7%. July copper fell a penny, or 0.4%, to $2.738 a pound. It was down over 1% for the week.
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 ...
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...
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...
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...
Monday, 24 June 2019 18:59 WIB
Gold prices resumed a push higher on Monday, as flows into the precious metal continued on improved prospects for easier monetary policy from the Federal Reserve and other central banks.
August gold rose $12.60, or 0.9%, to $1,412.60 an ounce, nearing session highs of $1,414.80 an ounce. On Friday,...