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
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,...
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).