Gold Taps $1,400 For The First Time Since 2013, Then Backs Off
Friday, 21 June 2019 16:26 WIB | PRECIOUS METALS |GOLDEMAS

Gold tapped the $1,400-an-ounce level for the first time since 2013 on Friday, as investors continued to bet on easier monetary policy from the Federal Reserve and other central banks. But then the metal started backtracking.

August gold rose as high as $1,415.40 an ounce, earlier on Friday, but then began backing away. The metal last traded down $9.20, or 0.7%, to $1,387.40 an ounce. On Thursday, the contract soared $48.10, or 3.6%, to settle at $1,396.90 an ounce, its highest finish since September 2013 based on most-active contracts.

It was also the biggest one-day dollar and percentage gain since June 2016, according Dow Jones Market Data.

And with the week nearly over, gold stands to gain 3.2%.

July silver fell 2% to $15.180 an ounce, after seeing its highest finish since late March on Thursday.

Source : Market Watch

RELATED NEWS

Gold Steady as Investors Await Brexit Clarity, Fed Meeting
Thursday, 24 October 2019 08:52 WIB

Gold held ground above $1,490 per ounce on Thursday as investors awaited clarity on Brexit after the European Union delayed a decision on granting an extension to Britain, and the U.S. central bank policy meeting for clues on the interest rate trajectory. Spot gold was unchanged at $1,491.83 per ou...

Gold Futures Mark First Climb in 4 Sessions
Thursday, 24 October 2019 01:20 WIB

Gold futures climbed on Wednesday to mark their first gain in four sessions, with prices settling at their highest in nearly a week. "As investors grow weary waiting for a resolution to the Brexit saga, they are bound to fall back on their flight-to-safety mantra as they let the U.K. political unce...

Gold attempts to halt 3-session slide and creeps back toward $1,500
Wednesday, 23 October 2019 19:32 WIB

Gold prices enjoyed a fillip from haven buying on Wednesday as a retreat in assets considered risky, amid political uncertainties like Brexit, underpinned gains in the yellow metal. The commodity is attempting to end a three-session stumble that had kept it pinned below $1,500, viewed as a key level...

Gold Advances Amid Brexit Turmoil, Drop in Yield
Wednesday, 23 October 2019 15:59 WIB

Gold gains as risk appetite waned amid continuing Brexit turmoil, while Treasury yields slipped. Prime Minister Boris Johnson looked set to try for an election, after his defining mission to take the U.K. out of the European Union was derailed as members of Parliament dramatically bl...

Gold Moves Sideways as Investors Seek Clarity on Brexit, Trade War
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...

ANOTHER NEWS
US, Gates Foundation Plan $200M for Sickle Cell, HIV Cures
Thursday, 24 October 2019 10:50 WIB The U.S. government and the Bill and Melinda Gates Foundation pledged Wednesday to jointly invest $200 million over the next four years to achieve affordable gene therapy-based cures for sickle cell disease (SCD) and HIV. The administration of...

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.