Gold slips 1% as equities, US Treasury yields rise
Monday, 19 August 2019 21:22 WIB | PRECIOUS METALS |GOLDEMAS Spot Emas

Gold shed 1% on Monday as a recovery in share markets and rising U.S. Treasury yields reduced some of the metal's safe-haven appeal, prompting investors to book profits.

Spot gold was down 1.06% at $1,497.85 per ounce. U.S. gold futures slipped 1% to $1,508.1.

Benchmark U.S. Treasury yields gained on Monday, moving further away from record lows after the closely-watched U.S. yield curve between two- and 10-year bonds inverted for the first time since 2007 on Wednesday.

Equity markets around the world rose, with European markets rising for the second session, as investors cheered signs of moves by Germany and China to counter slowing growth.

Source : Reuters

RELATED NEWS

Gold futures post biggest daily percentage drop since 2013
Saturday, 29 February 2020 01:54 WIB

Gold futures fell by nearly 5% on Friday to log the biggest daily percentage decline for a most-active contract since June 2013, according to Dow Jones Market Data. Analysts attributed the decline to investors selling the precious metal to generate cash to cover losses in the stock market. "We are...

Gold Slips, But on Track For 3rd Monthly Gain on Pandemic Fears
Friday, 28 February 2020 18:49 WIB

Gold prices retreated on Friday as investors booked profits from a 1% jump in the last session, but the metal had some support as mounting concerns over the rapid spread of coronavirus lifted expectations of rate cuts by major central banks. Spot gold was down 0.7% at $1,630.86 per ounce. U.S. gold...

Gold Trims Monthly Gain Amid Virus-Fueled Stock Rout
Friday, 28 February 2020 15:16 WIB

Gold dropped, trimming a third monthly gain, even as stocks tumbled again on concern the coronavirus outbreak will harm global growth. Spot gold -1% to $1,627/oz at 6:28am in London. Metal -1% this week; +2.4% in Feb. Price hit $1,689.31 on Monday, the highest level since 2013. In Februa...

Gold Prices Slip Despite Meltdown in Global Stocks
Friday, 28 February 2020 13:22 WIB

Gold prices slipped for the second day in a row on Friday in Asia despite a continued meltdown in global stocks. Gold Futures for April delivery slipped 0.1% to $1,640.70 by 12:40 AM ET (04:40 GMT). Gold prices gave up some of its earlier gains this week as traders booked profit as the yellow meta...

Gold Trims Monthly Gain Amid Virus-Fueled Stock Rout
Friday, 28 February 2020 10:09 WIB

Gold slipped, trimming a third monthly gain, even as stocks tumbled again on concern the coronavirus oubreak will harm global growth. In February, bullion has benefited from the flight from risk as investors grapple with the sell-off in the S&P 500 Index and collapse in the yield...

ANOTHER NEWS
Hong Kong, Shanghai Shares End With With Deep Losses (Review)
Saturday, 29 February 2020 04:19 WIB Hong Kong and Shanghai stocks took another battering on Friday, in line with a global sell-off that has wiped trillions off market valuations as investors fret over the economic impact of the coronavirus. The Hang Seng Index fell 2.42 percent, or...

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.