Gold Prices Edge Down as Traders Await Fed's Policy Decision
Wednesday, 24 July 2019 13:05 WIB |
PRECIOUS METALS |GOLDEMAS
Gold prices traded slightly lower on Wednesday in Asia as the U.S. dollar edged up. Traders remained cautious ahead of the upcoming policy decision from the Federal Reserve.
Gold futures for August delivery on the Comex division of the New York Mercantile Exchange fell 0.1% to $1,420.65 a troy ounce by 12:45 AM ET (04:45 GMT).
The move came despite the release of weak U.S. economic data overnight. Both June existing home sales and regional manufacturing index for the Richmond area in July came weaker than expected.
Meanwhile, the U.S. dollar rose on reports that in-person trade talks between officials from the U.S. and China might begin as soon as next week.
Source : Investing.com
Saturday, 15 February 2020 01:47 WIB
Gold futures climbed on Friday to tally a gain of roughly 0.8% for the week. Concerns surrounding COVID-19 and its impact on the global economy continued to feed haven demand for the precious metal.
April gold rose $7.60, or 0.5%, to settle at $1,586.40 an ounce. That was the highest most-active co...
Friday, 14 February 2020 18:34 WIB
Gold prices held steady on Friday after easing from a more than one-week high as investors assessed the risks to the global economy from the coronavirus epidemic.
Spot gold was unchanged at $1,575.69 an ounce at 10:36 GMT, having earlier touched its highest since Feb. 4 at $1,577.89. For the week, ...
Friday, 14 February 2020 15:19 WIB
Gold headed for a third weekly gain in four as mounting concerns over the impact of the coronavirus boosted demand for haven assets.
Hubei, the Chinese province at the center of the outbreak, reported almost 5,000 new cases, a day after confirming nearly 15,000 following a revision to its methodolo...
Friday, 14 February 2020 13:16 WIB
Gold prices inched down on Friday after two days of gains, but risk-averse sentiment in the market capped the safe-haven metal™s losses.
Gold Futures for April delivery on New York™s COMEX inched down 0.1% to $1,577.95 by 12:59 AM ET (04:59 GMT). The yellow metal eased from an over one-week pea...
Friday, 14 February 2020 09:35 WIB
Gold headed for the third weekly gain in four as mounting concerns over the impact of the coronavirus boosted demand for haven assets.
Prices climbed as Asian stocks slipped after Hubei, the Chinese province at the center of the outbreak, reported more fatalities, bringing the nation...