Gold Jumps to More Than 5-Year High as Fed Signals Ready to Cut
Thursday, 20 June 2019 09:09 WIB | PRECIOUS METALS |GOLDEMASBullion

Gold surged to the highest in more than five years after the U.S. Federal Reserve indicated a readiness to cut interest rates.

Bullion for immediate delivery jumped as much as 2.5% to $1,394.11 an ounce, the highest since September 2013, and traded at $1,382.83 by 9:13 a.m. in Singapore. Futures in New York climbed as much as 3.6% to $1,397.70 an ounce, also the highest since 2013.

The metal has rallied since late May as investors seek havens amid slowing global growth due to the fallout from the U.S.-China trade dispute and as central banks globally adopt a more dovish tone. While the Fed left its key rate unchanged on Wednesday, it dropped a reference to being œpatient on borrowing costs and forecast a larger miss of their 2% inflation target this year.

Source : Bloomberg

RELATED NEWS

Gold hovers as traders watch Brexit, U.S.-China trade talks
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...

Gold Gains As ETF Holdings Inch Closer to Record
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...

Gold Prices Steady as U.S.-China Trade optimism Sparks Market Cheer
Tuesday, 22 October 2019 13:57 WIB

Gold was largely muted on Tuesday, weighed down by buoyant Asian shares that cheered progress in trade talks between the United States and China, but found support from a lack of clarity in the negotiation details. Spot gold was largely unchanged at $1,484.86 per ounce as of 06:32 GMT. U.S. gold fu...

Gold Eases as Trade-Deal Hopes Lift Risk Mood
Tuesday, 22 October 2019 08:28 WIB

Gold prices eased on Tuesday as reports that trade talks between Washington and Beijing were making progress cheered markets, but a dearth of concrete signs kept investors on the edge. Spot gold was down 0.1% at $1,482.41 per ounce, as of 00:38 GMT. U.S. gold futures dropped 0.2% to $1,485.80. U.S...

Silver Prices Finish Higher as Gold Posts Back-to-Back Declines
Tuesday, 22 October 2019 01:46 WIB

Silver futures finished higher on Monday, taking advantage of a rise in appetite for riskier assets while gold posted back-to-back declines as traders kept watch on Britain™s circuitous effort to leave the European Union and awaited developments in the U.S.-China trade fight. December silver rose...

POPULAR NEWS
Monday, 21 October 2019 12:31
Gold Prices Inch Down Despite Brexit Worries
Monday, 21 October 2019 15:47
US futures point to slightly higher open
ANOTHER NEWS
Stocks trade mixed at market open as third-quarter earnings pour in
Tuesday, 22 October 2019 20:57 WIB U.S. stocks mostly edged higher at the start of trade Tuesday as investors parsed a bevy of third-quarter earnings reports and continued to monitor developments in U.S.-China trade negotiations. The Dow Jones Industrial Average fell about 5...

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.