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 Steady as Trump, Xi Telegraph More Trade Uncertainty
Saturday, 23 November 2019 03:43 WIB

When nothing looks clear, just hold. That seems to be the guide for gold traders these days as the constant back-and-forth in U.S.-China trade negotiations continues to send signals, mostly conflicting, to the market. Gold futures settled flat on Friday, while bullion dipped a tad after China™s P...

Gold rises as 'phase one' trade deal doubts persist
Friday, 22 November 2019 20:17 WIB

Gold prices were on track for a second straight weekly gain on Friday, as uncertainties about the fate of a œphase one trade deal between the United States and China lingered. Spot gold inched 0.4% higher to $1,470.46 per ounce. The metal has gained about 0.3% in the week, after a 0.6% rise la...

Gold Steadies as U.S.-China Trade Issue in Focus
Friday, 22 November 2019 16:39 WIB

Gold steadied as investors weighed a week of contrasting reports on the U.S.-China trade issue. Spot gold +0.2% to $1,467.93/oz at 7:33am in London; -0.5% Thursday. Price little changed this week. Bloomberg Dollar Spot Index +0.2% this week. On Friday, Chinese President Xi Jinping s...

Gold Holds Decline as U.S.-China Trade Issue in Focus
Friday, 22 November 2019 09:27 WIB

Gold held a drop as investors weighed a week of contrasting reports on the U.S.-China trade issue, with some optimism over an agreement between the two countries damping demand for haven assets. China's chief trade negotiator Liu He indicated he was œcautiously optimistic about reaching a...

Gold Prices Fall to Lowest Settlement in Over a Week
Friday, 22 November 2019 02:08 WIB

Gold prices fell on Thursday to mark their lowest settlement in just over a week. "Gold's sensitivity to trade-deal headlines seems to be easing off," said Adrian Ash, director of research at BullionVault. "Traders are tiring of this flood of rumor and counter-rumor as progress stalls." December g...

ANOTHER NEWS
Hong Kong Shares End Week On Positive Note
Saturday, 23 November 2019 04:24 WIB Hong Kong stocks ended a tough week on a positive note Friday but investors remain nervous about the impact on the local economy and trade talks from a US lawmakers' bill supporting the city's rights. The Hang Seng index climbed 0.48 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.