Gold Declines After U.S. Tariff Delay Brings Relief
Wednesday, 14 August 2019 09:21 WIB |
PRECIOUS METALS |GOLDEMAS Spot Emas
Gold drops after President Donald Trump delayed the imposition of some new tariffs on Chinese goods, providing relief to risk assets that had been under pressure earlier in the week.
Tuesday's move to at least hit the pause button in his fight with China also temporarily allayed concerns over the impact of trade tensions on a slowing global economy. Still, some tariffs will take effect on Sept. 1 as planned, and while senior officials have spoken by phone, it's unclear whether the two sides had made any progress.
Gold also retreated after a stronger-than-expected yuan fixing in China. The precious metal remains near the highest level since 2013 amid expectations for further monetary easing.
Spot gold -0.4% to $1,495.98/oz at 9:52am in Singapore.Prices -0.6% on Tuesday after earlier touching $1,535.11, the highest level since April 2013.
Source : Bloomberg
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Friday, 16 August 2019 20:04 WIB
Gold pulled back Friday from the latest in a string of more-than-six year highs, but remains on track for a weekly gain.
Gold for December delivery on Comex fell $9.60, or 0.6%, to $1,521.69 an ounce, while September silver was off 6.4 cents, or 0.4%, to $17.15 an ounce.
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Friday, 16 August 2019 15:16 WIB
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Friday, 16 August 2019 13:02 WIB
Gold prices were little changed on Friday in Asia as stock markets recovered, although trade concerns remained.
Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were near flat at $1,531.55 by 1:21 AM ET (05:21 GMT).
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Friday, 16 August 2019 09:06 WIB
Gold prices gained on Friday as the steep fall in U.S. bond yields continued, while conflicting signals on the Sino-U.S. trade war added to economic uncertainty.
Spot gold was up 0.2% at $1,525.21 per ounce at 01:05 GMT.
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