Gold renews climb, spurred on by weaker stocks and worrisome geopolitical headlines
Wednesday, 12 June 2019 19:58 WIB |
PRECIOUS METALS |GOLDEMAS Spot EmasSILVER
Gold prices advanced Wednesday, as bulls tried for back-to-back gains after a sharp tumble to start the week. Haven precious metals were largely tracking weaker equities and global headlines emphasizing trade-war uncertainty, tensions in the Middle East and protests in Hong Kong.
Gold for June delivery on Comex was up $4.80, or 0.4%, at $1,331.20 an ounce. Futures prices are up roughly 1.9% month to date. The SPDR Gold Shares exchange-traded fund was trading up 0.5% early Wednesday.
In other metals trade, July silver which serves as both a haven asset and has industrial purpose, edged up 4 cents, or 0.2%, to $14.775 an ounce.
Source : MarketWatch
Tuesday, 25 June 2019 10:56 WIB
Gold's rally shows no signs of abating.
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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,...
Monday, 24 June 2019 16:09 WIB
Gold™s bullish momentum has rolled into a new week.
Prices extended their advance above $1,400 an ounce, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary policy. This, combined with planned U.S. ...
Monday, 24 June 2019 12:57 WIB
Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran.
Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.5% at $1,406.55per ounce by 12:38 AM ET (04:38 GMT).