Gold Climbs as Stocks Fall; Fed Rate Cut Expectations Provide Continuing Support
Thursday, 13 June 2019 13:06 WIB |
PRECIOUS METALS |GOLDEMAS
Gold prices climbed on Thursday in Asia. Risk sentiment remained weak, while rate cut expectations also provided continuing support.
Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2% at $1,339.95 per ounce by 1:40 AM ET (05:40 GMT).
The Federal Reserve is widely expected to keep rates unchanged at its next meeting due on June 19, but traders have been speculating on the possibility of the central bank cutting rates before the end of this year due to slowing inflation.
Source : Investing.com
Wednesday, 23 October 2019 12:36 WIB
Gold prices were steady on Wednesday, as investors awaited more clarity on the Brexit and the U.S.-China trade war, but a rally in the bond markets provided modest support to the bullion.
Spot gold was up 0.1% at $1,489.45 per ounce, as of 04:41 GMT. U.S. gold futures rose 0.3% to $1,492.50 per oun...
Wednesday, 23 October 2019 08:53 WIB
Gold prices were steady on Wednesday, as investors waited for clarity on Brexit confusion after UK lawmakers voted for Prime Minister Boris Johnson's divorce plan but opposed his tight timetable to complete the legislative process in three days.
Spot gold was unchanged at $1,488.50 per ounce, as of...
Wednesday, 23 October 2019 02:16 WIB
Gold steadied in a tight range on Tuesday as investors adopted a cautious approach ahead of a crucial Brexit vote, while focus shifted to the U.S. Federal Reserve™s stance on interest rate cuts.
Spot gold was steady at $1,484.60 per ounce. U.S. gold futures settled mostly unchanged at $1,487.5.
Tuesday, 22 October 2019 20:25 WIB
Gold futures struggled for direction Tuesday as investors kept an eye on developments surrounding Brexit and U.S.-China trade talks.
Gold for December delivery on Comex were up $1.10, or 0.1%, at $1,489.20 an ounce, while December silver was off 3.7 cents, or 0.2%, at $17.565 an ounce.
A firmer to...
Tuesday, 22 October 2019 15:56 WIB
Gold reversed earlier losses as investors digest the latest trade and Brexit news. Holdings in gold-backed exchange-traded funds continue to close in on a record set in 2012.
Gold ETFs expanded for a third day Monday, extending this year's increase to 16%. Central banks including Turkey and Germany...