Gold extends rise, as yellow metal's monster rally persists
Friday, 19 July 2019 19:32 WIB |
PRECIOUS METALS |GOLDEMAS Spot Emas
Gold futures rose on Friday, adding to a push toward fresh six-year highs, amid a backdrop of lower interest rates and monetary-policy easing that bulls deem ideal for the metal to rally.
August gold trading was gaining $10.70, or 0.8%, to $1,438.80 an ounce, after hitting $1,448 an ounce in electronic trade Thursday at 4 p.m. Eastern time. Thursday™s settlement was the loftiest for a most-active contract since May 13, 2013, marking a fresh 52-week high for the commodity, according to Dow Jones Market Data.
The commodity was on track for a weekly gain of 1.8% based on its July 12 close, which would represent its sharpest advance since the week ended June 21, FactSet data show.
Source : MarketWatch
Tuesday, 20 August 2019 09:42 WIB
Gold prices held steady on Tuesday after posting their biggest daily decline in a month in the previous session, plummeting below a key psychological level of $1,500 an ounce.
Spot gold edged up 0.1% at $1,496.80 per ounce at 00:50 GMT.
On Monday, gold skidded 1.2% to reach $1,495 an ounce, below ...
Tuesday, 20 August 2019 02:20 WIB
Gold futures lost ground Monday, ending lower as renewed optimism on the trade front and talk of stimulus by global policy makers dulls investor appetite for havens.
Gold for December delivery fell $12, or 0.8%, to end at $1,511.60 an ounce, while September silver declined 18.2 cents, or 1.1%, to e...
Monday, 19 August 2019 21:22 WIB
Gold shed 1% on Monday as a recovery in share markets and rising U.S. Treasury yields reduced some of the metal's safe-haven appeal, prompting investors to book profits.
Spot gold was down 1.06% at $1,497.85 per ounce. U.S. gold futures slipped 1% to $1,508.1.
Benchmark U.S. Treasury yields gained...
Monday, 19 August 2019 15:42 WIB
Gold prices slipped on Monday due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around the world eased concerns about a recession.
Spot gold was down 0.5% at $1,505.98 per ounce at 07:59 GMT.
U.S. gold futures also fell 0.5% to $1,516.80 a...
Monday, 19 August 2019 09:39 WIB
Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China.
Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when a...