Gold Hits 6-Year High on Rate Outlook; Silver Climbs
Friday, 19 July 2019 09:25 WIB |
PRECIOUS METALS |GOLDEMAS
Gold touched a fresh six-year high amid dovish comments from Federal Reserve officials and increased Middle East tensions. Silver heads for the biggest weekly gain since July 2016.
Both metals gained after two senior Federal Reserve officials stressed the need to act quickly if the U.S. economy looked likely to stumble. Investors are also weighing tensions between U.S. and Iran as President Donald Trump said the U.S. œimmediately destroyed an Iranian drone that approached the USS Boxer near the Strait of Hormuz.
Spot gold -0.2% to $1,442.61/oz at 8:35am in Singapore.
Source : Bloomberg
Friday, 23 August 2019 14:10 WIB
Gold prices traded lower on Friday in Asia ahead of the Federal Reserve™s annual Jackson Hole Symposium, where Fed Chair Jerome Powell is expected to provide clarity on future monetary easing plans.
Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchan...
Friday, 23 August 2019 09:06 WIB
Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual Jackson Hole gathering on Friday, while mulling comments from other officials on monetary policy.
Three Fed policy makers voiced their resis...
Friday, 23 August 2019 01:36 WIB
Gold futures declined on Thursday, pressured by strength in bond yields as the Fed™s symposium of central bankers got underway in Jackson Hole, Wyoming.
U.S. Treasury bonds weakened Thursday, sending the benchmark 10-year Treasury note yield up 2.4 basis points to 1.6046%. Rising bond yields can ...
Thursday, 22 August 2019 19:49 WIB
Gold futures headed lower Thursday as bond yields edged up, dimming some of the luster from the precious metal, with the Federal Reserve's annual symposium of central bankers getting underway in Jackson Hole, Wyo.
December delivery was last down $12.10, or 0.8%, to reach $1,503.90 an ounce, after f...
Thursday, 22 August 2019 15:39 WIB
Gold prices fell marginally on Thursday, lingering around the key $1,500 level, as investors awaited the Federal Reserve chair's speech at a global central bankers' conclave for clues on future U.S. interest rate cuts.
Spot gold inched down 0.2% at $1,499.60 per ounce as of 07:47 GMT.
U.S. gold fu...