Gold ends flat, then moves lower in electronic trade after Fed minutes
Thursday, 22 August 2019 01:24 WIB |
PRECIOUS METALS |GOLDEMAS
Gold prices finished unchanged on Wednesday, after spending much of the session losing ground on the back of strength in benchmark U.S. stock indexes.
After future prices settled, minutes from the Federal Open Market Committee's July meeting showed that Federal Reserve officials shied away from saying how many more easing steps they might be willing to support this year.
In electronic trading, gold for December delivery was at $1,514.30 an ounce shortly after the meeting minutes. The contract had settled flat at $1,515.70 an ounce on Comex, ahead of the news.
Saturday, 16 November 2019 02:01 WIB
Gold futures declined on Friday, as optimism that phase one of a U.S.-China trade deal will soon be reached, and strength in the U.S. stock market dulled haven demand for the metal.
For the week, however, gold tacked on 0.4%. "Despite this recent bout of counterintuitive losses, gold looks strong b...
Friday, 15 November 2019 21:14 WIB
Gold futures trade lower Friday, halting a rebound after upbeat comments on the outlook for a œphase one trade deal between the U.S. and China robbed the metal of its haven appeal.
Gold for December delivery on Comex was off $5.30, or 0.4%, at $1,468.10 an ounce, while December silver declined...
Friday, 15 November 2019 09:31 WIB
Gold declined, trimming its fourth weekly gain in five, after White House economic adviser Larry Kudlow signaled progress on a trade deal with China.
Spot gold as much as -0.3% to $1,466.90/oz and traded at $1,468.50 at 9:56am in Singapore; +0.6% this week.
Bloomberg Dollar Spot Index&nb...
Friday, 15 November 2019 02:06 WIB
Gold futures settled higher on Thursday, building on gains from a day earlier as weakness in U.S. benchmark stock indexes and a drop in yields on government debt raised the precious metal™s investment appeal.
Gold concluded Thursday "on a positive note amid market caution and general risk aversio...
Thursday, 14 November 2019 21:02 WIB
Gold futures were modestly higher Thursday, finding support as yields on government debt continue to fall, lowering the opportunity cost of holding the metal.
Gold for December delivery on Comex, rose $7.20, or 0.5%, to $1,470.50 an ounce, a day after snapping a four-day losing streak and reboundin...