Gold Drops 2nd Day on Rising Stocks, Trade Comments
Monday, 19 August 2019 09:39 WIB | PRECIOUS METALS |GOLDEMAS

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with China.

Stocks in Asia gained along with U.S. futures Monday, while Treasury yieldscontinued to recover from multi-year lows reached last week, when an inversion in the yield curve sparked recession worries. Trump said the U.S. is œdoing very well with China, and talking! but suggested he wasn™t ready to sign a trade deal, hours after his top economic adviser laid out a potential timeline for the resumption of substantive discussions with Beijing.

Also in focus this week is Federal Reserve Chair Jerome Powell™s address at the Kansas Fed™s annual Jackson Hole gathering on Friday, which will be key to gauging whether U.S. policy makers will add to July™s rate cut. Minutes of the Fed™s July meeting are due for release Wednesday.

Spot gold -0.6% to $1,505.20/oz at 9:28am in Singapore; -0.6% Friday.

Source : Bloomberg

RELATED NEWS

Gold Posts Third Straight Gain Ahead of Fed Policy Decision
Thursday, 19 September 2019 01:07 WIB

Gold posted a third straight gain before the conclusion of the Federal Reserve meeting where policy makers are widely expected to cut interest rates Wednesday. The Fed meeting comes amid increased volatility in the U.S. money markets that raises the odds for the central bank to expan...

Gold prices edge lower as traders await Fed policy decision
Wednesday, 18 September 2019 20:03 WIB

Gold futures on Wednesday headed lower ahead of a Federal Reserve decision that could set the near-term tone for bullion trading for the next several weeks. December gold on Comex slipped $3.20, or 0.2%, to $1,510.10 an ounce, threatening to snap a two-day climb for bullion. Gold has mostly been in...

Gold Holds Line Near $1,500 as Central Bank Titans Decide Policy
Wednesday, 18 September 2019 16:40 WIB

Gold investors have gone into wait-and-see mode ahead of an expected interest rate reduction by the Federal Reserve later on Wednesday that will kick off a busy round of policy decisions from leading central banks. Prices were confined to a narrow range near $1,500 an ounce after a two-day gai...

Gold Prices Slip; All Eyes on Fed
Wednesday, 18 September 2019 12:29 WIB

Gold prices slipped on Wednesday in Asia as investors await the Federal Reserve's decision on interest rates due later in the day. Gold Futures for December delivery were down 0.2% to $1,510.55 an ounce in New York by 11:52 PM ET (03:52 GMT). Investing.com's Fed Rate Monitoring Tool indicates a 50...

Gold Holds Ground Near $1,500 Before Bonanza of Rate Decisions
Wednesday, 18 September 2019 08:35 WIB

Gold investors have gone into wait-and-see mode ahead of an expected interest rate reduction by the Federal Reserve later on Wednesday that will kick off a busy round of policy decisions from leading central banks. Prices were confined to a narrow range near $1,500 an ounce after a two-day gai...

ANOTHER NEWS
Fed Makes Second Straight Rate Cut, Splits on Further Action
Thursday, 19 September 2019 01:20 WIB Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further easing, caught between uncertainty over trade and global growth and a domestic economy that's holding up well. œ...

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.