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

Palladium Eyes $1,800 as Rally Resumes; Gold Drifts
Monday, 21 October 2019 16:02 WIB

Palladium resumed its upward march after a brief retreat late last week, boosted by concerns over South African mine supply in an already tight market. The metal, used to curb emissions from vehicle engines, reached a record $1,784.94 an ounce on Oct. 17. Gold is little changed as investors w...

Gold Prices Inch Down Despite Brexit Worries
Monday, 21 October 2019 12:31 WIB

Gold prices inched down on Monday in Asia as traders awaited more clarity on the Brexit development. British lawmakers voted on the weekend to delay a decision on Prime Minister Boris Johnson's Brexit deal, forcing him to request a third postponement of Britain's departure from the EU. Despite the...

Gold Prices Flat; Traders Looking for Next Catalyst
Monday, 21 October 2019 08:25 WIB

Gold is flat in early Asian trade. Traders are most likely looking for the next catalyst that will lift gold prices, AxiTrader says. Meanwhile, gold is likely to remain supported by recent weak global economic data and risks related to U.S.-China trade tensions in the near term, it says. Spot gold ...

Gold Dips On Day, But Up On Week Ahead of Brexit Vote
Saturday, 19 October 2019 03:40 WIB

Gold posted a weekly gain but safe-haven investors and those traditionally long the yellow metal largely sat out of Friday™s market, letting prices dip, with few leads to chase, ahead of a weekend parliament vote on the U.K. bid to leave the EU. After early gains in the day on the prospects that ...

Gold eases on Brexit deal, global growth concerns limit losses
Friday, 18 October 2019 20:44 WIB

Gold fell on Friday after the Brexit deal struck by Britain and the European Union, although losses were limited by weak economic data from the United States and China. Spot gold was down 0.1% to $1,490.07 an ounce. U.S. gold futures fell 0.3% to $1,494. The European Union backed a new Brexit deal...

ANOTHER NEWS
Hong Kong Protesters Set up Roadblocks, Clash with Police
Monday, 21 October 2019 17:36 WIB Hong Kong protesters flooded the city's streets on Sunday in defiance of a ban by the authorities on their march, setting up roadblocks and tossing firebombs amid the firing of tear gas by police. Protest leaders carried a black banner at the...

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.