Gold Retreats to One-Month Low Ahead of ECB Meeting
Tuesday, 10 September 2019 10:10 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasSILVER

Gold fell for a fourth day to the lowest in almost a month amid a global bond sell-off, paring demand for non-interest bearing precious metals.

Bunds led a drop in sovereign debt Monday as some investors judged yields have declined too far, too quick. The yield on 10-year Treasuries ticked up to 1.65%, the highest in four weeks. It rose eight basis points Monday.

The European Central Bank policy meeting Thursday is widely expected to see a cut to interest rates and a review of all options, including QE. A Federal Reserve session follows next week.

Spot gold as much as -0.8% to $1,486.52/oz, the lowest level since Aug. 13, and trades at $1,489.57 at 10:34am in Singapore. Meanwhile, Spot silver -1% to $17.8370/oz.

Source : Bloomberg

RELATED NEWS

Gold Holds Above $1,600 on Fears Over Economic Impact of Virus
Wednesday, 19 February 2020 13:17 WIB

Gold prices held steady above the key $1,600 mark on Wednesday as an uptick in equities due to a drop in new virus cases was kept in check by fears about the economic fallout of the epidemic. Autocatalyst metal palladium, meanwhile, scaled yet another record peak on a sustained supply shortfall. S...

Gold Tops $1,600 as Virus Fuels Growth Fears; Palladium's Record
Wednesday, 19 February 2020 09:36 WIB

Gold traded near the highest level since 2013 on concerns over the spread of the new coronavirus and how it™s impacting global growth. Palladium continued it™s record-breaking rally. Bullion steadied after surging 1.3% Tuesday™s as Apple Inc.™s warning that the viru...

Gold futures marks highest settlement since March 2013
Wednesday, 19 February 2020 01:51 WIB

Gold futures rallied on Tuesday to log their highest finish since late March 2013, with analysts attributing the rise to expectations for central bank stimulus as the spread of COVID-19 raised concerns about the global economy. April gold rose $17.20, or 1.1%, to settle at $1,603.60 an ounce. That ...

Gold Scales Two-Week High as Coronavirus Hits Business
Tuesday, 18 February 2020 20:35 WIB

Gold climbed to a two-week high on Tuesday as investors sought safe havens after a revenue warning from iPhone maker Apple due to coronavirus, exacerbating fears of the outbreak's impact on global economic growth. Spot gold was up 0.4% at $1,587.06 per ounce, having earlier risen to its highest sin...

Gold Rises on Rising Business Impact of Virus Outbreak
Tuesday, 18 February 2020 17:37 WIB

Gold prices rose to a two-week high on Tuesday, spurred by demand for safe-havens after iPhone maker Apple Inc's revenue warning underscored the financial fallout of the coronavirus epidemic in China. Spot gold was up 0.4% at $1,586.93 per ounce by 07:17 GMT. Earlier in the session, prices touched ...

ANOTHER NEWS
Tokyo Stocks Close Higher on Bargain Hunting
Wednesday, 19 February 2020 13:31 WIB Tokyo stocks closed higher Wednesday on bargain hunting following recent declines as investors adjusted their positions amid lingering fears over the impact of the new coronavirus on the economy. The benchmark Nikkei 225 index rose 0.89 percent,...

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.