Gold Prices Rebound Amid Safe-Haven Demand as Stock Markets Fall
Thursday, 15 August 2019 12:59 WIB |
PRECIOUS METALS |GOLDEMASEmas berjangka
Gold prices drew some safe-haven demand and rebounded on Thursday in Asia as global stock markets fell.
Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange gained 0.2% to $1,530.95.
An inverted yield curve was cited as driving investors away from risk assets and into the safe-haven metal.
Global markets fell after the yield on the 30-year U.S. bond hit an all-time low, while the yields on the German 10-year bund and the French 10-year OAT marked fresh record lows in negative territory.
Source : Investing.com
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