Gold Prices Little Changed As Stocks Gains Despite Sino-U.S. Trade Tensions
Monday, 12 August 2019 12:53 WIB |
PRECIOUS METALS |GOLDEMASEmas berjangka
Gold prices were little changed on Monday in Asia as equities gained despite Sino-U.S. trade tensions.
Asian stocks are trading mostly in the green even after U.S. President Donald Trump said he is not ready to make a trade deal with China, which set the yuan's midpoint at levels weaker than 7 for three consecutive sessions.
Gold Futures traded on the Comex division of the New York Mercantile Exchange were little changed at $1,508.15 by 1:10 AM ET (05:10 GMT).
Gold prices ended higher last week after a week of easing by global central banks to shield their economies from the yuan devaluation. The Reserve Bank of New Zealand surprised markets with a half-percentage cut last week. Thailand's central bank reduced interest rates on the same day for the first time this year, while India, which began easing policy earlier this year, also cut rates.
Source : Investing.com
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 ...
Saturday, 11 July 2020 01:11 WIB
Gold futures ended lower on Friday, pulling back in the wake of the nearly nine-year high they reached earlier this week. Prices for the week, however, gained roughly 0.7%, as the spread of COVID-19 continued to raise the metal's appeal as a safe-haven investment.
August gold fell $1.90, or 0.1%, t...
Friday, 10 July 2020 20:28 WIB
Gold futures traded modestly higher Friday, on track for a weekly gain as the yellow metal remained above $1,800 an ounce, buoyed by a fall in bond yields and a desire to hedge against risk amid continued uncertainty over the economic outlook.
August gold was up $11.80, or 0.7%, at $1,815.60 an oun...
Friday, 10 July 2020 16:48 WIB
Gold hovered above its key $1,800-an-ounce mark, on course for a fifth weekly advance, as investors weighed concern over a resurgence in coronavirus cases hurting the global economy.
Rising infections in the U.S. and Asia have supported havens like gold this week, even as the dollar ...
Friday, 10 July 2020 13:06 WIB
Gold was up on Friday morning in Asia, with investors turning to the safe-haven after the U.S. saw a record number of daily COVID-19 cases.
The U.S. reported over 60,000 cases on Thursday, with Texas, Florida and California among the states with record numbers of new cases.
Gold futures were up by...