Silver closes at 13-month high as gold ekes out a gain
Tuesday, 23 July 2019 02:19 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasSILVER

Silver futures settled at a 13-month high on Monday, outpacing strength in gold, which saw prices eke out only a modest gain.

Rising geopolitical worries on the back of Iran's seizure of a British-flagged tanker, as investors look for major central banks to ease policy, provided support for the precious metals.

September silver rose 21.6 cents, or 1.3%, to settle at $16.411 an ounce ” logging the highest finish for a most-active contract since June 22, 2018, according to FactSet data.

Meanwhile, gold for August delivery on Comex climbed by 20 cents, or less than 0.1%, to settle at $1,426.90 an ounce. Prices on Friday had touched an intraday high above $1,450, the highest such level since May 2013, before settling down by 0.1% on Friday. They remain close to the more than six-year high of $1,428.10 they settled at on Thursday.

Source : MarketWatch

RELATED NEWS

Gold to Extend Rally in 2020 as Retail Investors Climb on Board
Tuesday, 15 October 2019 08:35 WIB

The next push in gold prices will come from retail investors as risks remain skewed to the upside, according to Standard Chartered Bank. Having already rallied to the highest in more than six years, bullion will still benefit from safe haven flows, according to Suki Cooper, precious ...

Gold Flirts With $1,500 Again on New Trade War Worries
Tuesday, 15 October 2019 03:33 WIB

What™s bad for trade is good for gold. The yellow metal found favor again with haven investors on Monday, flirting with the key bullish level of $1,500 per ounce, on news of fresh troubles in U.S.-China trade negotiations. Gold rebounded after a Bloomberg report that China had more demands from t...

Gold prices rise as the Fed announced the start of a 'massive' bond buying program
Monday, 14 October 2019 21:52 WIB

Gold futures rose Monday, looking to post their first gain in three sessions, finding support as the so-called ''phase one'' of the U.S.-China trade deal reportedly hit a snag and after the U.S. Federal Reserve announced last week that it will start expanding its balance sheet next week. On Comex, ...

Gold Edge Higher on Trade Optimism; Palladium at Record
Monday, 14 October 2019 16:23 WIB

Gold holds below its 50-day moving average after dropping last week on U.S.-China trade optimism. Palladium hit a fresh record. Spot gold +0.1% at $1,490.20/oz after losing 1% last week. Palladium gained as much as 0.5% to $1,707.84/oz, new all-time high. Silver gained 0.2%, while pl...

Gold Holds Decline Amid Signs of Trade Talk Progress
Monday, 14 October 2019 13:35 WIB

Gold held a drop as investors weighed signs of progress in U.S.-China trade negotiations, though sentiment was capped amid some skepticism about the accord. The U.S. and China agreed on the outlines of a partial trade accord Friday that President Donald Trump said he and his counterp...

ANOTHER NEWS
Russia Turns the Screws on Internet Freedom
Tuesday, 15 October 2019 10:57 WIB New legislation likely to be introduced next month in Russia's Duma, or lower chamber of parliament, would see tighter restrictions on the internet and on computers, tablets and other devices used to access the internet. The proposals include a...

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.