Gold settles with a loss as U.S., China attempt to steer down trade tensions
Tuesday, 27 August 2019 01:49 WIB | PRECIOUS METALS |GOLDEMASSILVER

Gold prices settled with a loss on Monday, giving up earlier gains, as President Donald Trump and Chinese officials both appeared to play down the recent escalation in trade tensions.

Gold for December delivery on Comex edged down by 40 cents, or 0.03%, to settle at $1,537.20 an ounce, after tapping an intraday high of $1,565. The decline follows a 1.9% climb on Friday to a more than six year high of $1,537.60. September silver meanwhile, held on to much of its earlier gains, settling 22.8 cents, or 1.3%, higher at $17.641 an ounce after tacking on 2.2% Friday.

Adding some pressure to dollar-denominated gold prices, the benchmark ICE U.S. Dollar Index moved up by 0.4% in Monday dealings, trading above 98 as gold futures settled.

Source : MarketWatch

RELATED NEWS

Gold falls 1% after robust US jobs data
Saturday, 7 December 2019 03:06 WIB

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would hold pat on interest rates and boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high. U.S. job growth increased by the most in 10 months in November, confirming that the ec...

Gold Futures Drop as U.S. Payrolls Rise More Than Expected
Friday, 6 December 2019 21:04 WIB

Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven. Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a...

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus
Friday, 6 December 2019 15:58 WIB

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for key monthly U.S. jobs data due later Friday. China said Friday it's in the process of waiving retaliatory tariffs on imports of U.S. pork and soy by domestic companies...

Gold Heads for 2nd Weekly Gain as Trade, Jobs in Focus
Friday, 6 December 2019 10:11 WIB

Gold headed for a second weekly advance as developments in the trade war took center stage and as traders waited for the key monthly U.S. jobs data due later Friday. President Donald Trump said that talks were œmoving along well, although a news report said that Washington and B...

Gold prices recoup some of their recent losses ahead of U.S. jobs data
Friday, 6 December 2019 02:11 WIB

Gold futures finished higher Thursday, recouping much of the losses suffered a day earlier, as traders awaited monthly domestic employment data due at the end of the week, which may influence haven demand for the precious metal. Gold for February delivery on Comex added $2.90, or 0.2%, to settle at...

ANOTHER NEWS
Hong Kong stocks finish week on positive note (Review)
Saturday, 7 December 2019 04:32 WIB Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal. The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37. The benchmark...

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.