Gold loses stream after tapping fresh 6-year highs
Saturday, 20 July 2019 02:02 WIB | PRECIOUS METALS |GOLDEMAS

Gold futures lost steam on Friday, ending lower for the session as the dollar strengthened. Prices, however, gained for the week after logging their first intraday climb above $1,450 an ounce in six years.

August gold trading fell by $1.40, or 0.1%, to settle at $1,426.70 an ounce, after touching an intraday high of $1,454.40. Friday™s intraday high and Thursday™s settlement were the loftiest for a most-active contract since mid-May 2013, according to Dow Jones Market Data.

Gold tallied a weekly gain of 1% based on its July 12 close, which represented its sharpest advance since the week ended June 21, FactSet data show.

Gold™s sister metal, silver saw its September contract settled nearly a half cent lower at $16.195 an ounce after finishing at its highest since June 29, 2018 in the prior session. The metal marked a weekly gain of 6.3% based on last week™s settlement, which would represent the biggest weekly gain since a 10.1% weekly surge at the period ended July 1, 2016, according to FactSet data.

Source: Marketwatch

RELATED NEWS

Gold Futures Post Their First Gain in 3 Sessions
Tuesday, 14 July 2020 00:51 WIB

Gold futures climbed on Monday to score their first gain in three sessions, moving back toward the nearly nine-year high they reached on Wednesday. Investors eyed the rising number of cases in the U.S., which lifted expectations for further central bank stimulus measures to offset the effects of th...

Gold Gains Ground As Coronavirus Cases Continue To Increase
Monday, 13 July 2020 19:22 WIB

Gold was back on the rise Monday, with analysts tying support to a global rise in the number of COVID-19 cases. Gold for August delivery on Comex rose $12.90, or 0.7%, to $1,814.80 an ounce, while September silver jumped 54.2 cents, or 1.9%, to $19.595 an ounce. Gold pulled back Thursday and Frida...

Gold Rises as Investors Weigh Virus, Equities Advance
Monday, 13 July 2020 18:21 WIB

Gold climbed and silver hit a 10-month high as investors weighed virus developments and fresh U.S.-China tensions against an advance in equities on Monday. Global stocks rose ahead of earnings season, shrugging off new coronavirus outbreaks in some parts of the world, with ...

Gold Rises as Investors Weigh Virus, Equities' Advance
Monday, 13 July 2020 14:27 WIB

Spot gold climbed as investors weighed virus developments in the U.S and the advance in equities on Monday. U.S. virus cases rose to 3.27 million with almost 56,000 new infections, less than the one-week average daily increase. Even so, Florida broke the daily record for all U.S. sta...

Gold Trades Steady as Virus, Equities™ Advance Weighed
Monday, 13 July 2020 08:25 WIB

Spot gold was steady in Asian trading as investors weigh virus developments in the U.S amid expectations Asian equities will open higher on Monday. Asia stocks are set for a higher open on Monday as investors look to the start of earnings season for clues on how companies are faring ...

ANOTHER NEWS
Oil Futures Finish Lower as Traders Await This Week's OPEC+ Committee Meeting
Tuesday, 14 July 2020 01:56 WIB Oil futures fell on Monday, with traders awaiting the outcome of an OPEC+ Joint Ministerial Monitoring Committee meeting later this week. Members of the Organization of the Petroleum Exporting Countries and their allies will decide whether to...

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.