Gold eases after breaching $1,450/oz on rate-cut hopes, Iran tensions
Friday, 19 July 2019 15:17 WIB | PRECIOUS METALS |GOLDEMAS Spot Emas

Gold eased on Friday as investors locked in profits after the bullion surpassed $1,450 an ounce for the first time in more than six years on dovish signals on monetary policy from the U.S. Federal Reserve and fresh tensions in the Middle East.

Spot gold hit $1,452.60 an ounce in early trade, its highest since May 2013, and was down 0.5% at $1,439.41, as of 07:41 GMT.

The metal is on track for a second straight weekly gain.

U.S. gold futures jumped about 1% to $1,440.50.

At a central banking conference on Thursday, New York Fed President John Williams said policymakers need to add stimulus early to deal with lower inflation when interest rates are near zero and cannot wait for an economic disaster to unfold.

Source : Reuters

RELATED NEWS

Gold Steady Ahead of Brexit Talks; Weak US Data Lends Support
Thursday, 17 October 2019 17:15 WIB

Gold prices were nearly steady on Thursday as traders refrained from making any big bets in the absence of fresh developments on the Sino-U.S. trade war front and Brexit negotiations, while weak U.S. retail sales data provided support. Spot gold rose 0.1% to $1,490.81 per ounce as of 0630 GMT. U.S....

Gold Holds Gain as Retail Slump Raises Rate Cut Bets
Thursday, 17 October 2019 12:46 WIB

Gold held an advance as weaker-than-expected U.S. data boosted the case for a third straight interest rate cut by the Federal Reserve at the end of this month. Palladium is closing in on $1,800 an ounce after hitting a series of records this week. Haven demand picked up after re...

Gold steady as disappointing U.S. retail sales weigh on risk appetite
Thursday, 17 October 2019 08:50 WIB

Gold prices held steady on Thursday as weak United States retail sales data fanned concerns that the country's economy may be feeling the pinch of the long-drawn trade war with China, while palladium held close to a record high hit the previous day. Spot gold inched 0.1% higher to $1,490.37 per oun...

Gold Finishes Higher After Cooler-Than-Expected Retail-Sales Report
Thursday, 17 October 2019 03:40 WIB

Gold prices ended higher on Wednesday as investors watched global political news surrounding trade and Brexit, and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. Moves for the precious metal came as Brexit and the "usual worries persist" on Turkey, ...

Gold Scores a Bounce After Cooler-Than-Expected Retail Sales Report
Wednesday, 16 October 2019 20:58 WIB

Gold prices were climbing on Wednesday as investors watched global political news surrounding trade, Brexit and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. A report of the retail sales fell 0.3% last month, the government said Thursday, ending a ...

ANOTHER NEWS
Stocks Open Slightly Higher After Tentative Brexit Deal, Economic Data
Thursday, 17 October 2019 20:49 WIB U.S. stocks opened with modest gains Thursday after U.K. and European Union leaders announced a draft agreement on Brexit and following a round of U.S. economic data and corporate earnings. The Dow Jones Industrial Average rose 64 points, or 0.2%,...

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.