Gold prices rise on falling bond yields, trade uncertainty
Friday, 16 August 2019 09:06 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasEmas berjangka

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.

The metal has gained nearly 2% so far this week, and is on track for its third straight weekly gain.

U.S. gold futures rose 0.3% to $1,535.50 an ounce.

Data showing strong U.S. retail sales in July did not have an impact on the bond rally. Yields on 30-year paper hit an all-time low and are set to fall 27 basis points for the week, the sharpest such decline since mid-2012.

Source : CNBC

RELATED NEWS

Gold scores biggest weekly gain since 2008
Saturday, 28 March 2020 01:29 WIB

Gold futures settled with a loss on Friday but still scored the biggest weekly rise in more than 11 years in a rebound fueled in part by a weaker U.S. dollar and concerns about disruptions in the physical market for the precious metal. Gold for April delivery on Comex fell $26.20, or 1.6%, to settl...

Gold Pulls Back but Set for Biggest Weekly Gain Since 2008
Friday, 27 March 2020 20:18 WIB

Gold futures pulled back Friday, but remained on track for the biggest weekly rise in more than 11 years in a rebound fueled in part by a weaker U.S. dollar and concerns about disruptions in the physical market. Gold for April delivery on Comex fell $33.30, or 2%, to $1.617.90 an ounce, while May s...

Gold Prices Drops from Two-Week Highs to Stay Below $1,650 Level
Friday, 27 March 2020 13:58 WIB

Gold prices dropped on Friday in Asia as equities rebounded. Gold Futures for April delivery on the Comex exchange slid 0.7% to $1,640.05 by 12:55 AM ET (04:55 GMT). Despite the losses today, gold prices still traded sharply higher this week, gaining over 8% and heading for its biggest weekly gain...

Gold Eases on Profit-Taking, But Poised For Best Week in 11 Years
Friday, 27 March 2020 10:16 WIB

Gold eased on Friday as some investors booked profits after prices hit a two-week high in the last session amid hopes for further stimulus to curb the coronavirus™ economic toll, but the metal was headed for its best weekly gain in more than 11 years. Spot gold slipped 0.5% to $1,621.07 per ounce...

Gold futures end higher after record weekly U.S. jobless claims
Friday, 27 March 2020 00:50 WIB

Gold futures finished higher on Thursday, as record weekly U.S. jobless claims pressured the dollar. Nearly 3.3 million Americans filed for unemployment benefits last week, "reflecting how badly the coronavirus is impacting the largest economy in the world," said Lukman Otunuga, senior market analy...

ANOTHER NEWS
Hong Kong Stocks Finish With Gains (review)
Saturday, 28 March 2020 03:16 WIB Hong Kong stocks rose Friday, closing a healthy week on a positive note as investors welcomed a blockbuster US stimulus plan and pledges by the Federal Reserve to ease liquidity concerns. The Hang Seng Index added 0.56 percent, or 131.94 points,...

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.