Gold Rises From 1-Month Low as Bond Sell-Off Pauses
Wednesday, 11 September 2019 15:46 WIB |
PRECIOUS METALS |GOLDEMAS
Gold advanced from the lowest in a month as the sell-off in the U.S. bond market took a breather ahead of key central bank meetings.
Spot gold +0.5% to $1,493.50/oz at 7:42am in London. Prices fell to $1,484.65 on Tuesday, lowest since Aug. 13. Bloomberg Dollar Spot Index steady.
Investors are awaiting the European Central Bank™s policy decision on Thursday and the Federal Reserve™s next week, with some dialing back expectations for more aggressive central bank accommodation. The yield on 10-year Treasuries retreated to 1.71%, after rising nine basis points Tuesday.
Also on traders™ minds Wednesday were comments by an influential newspaper editor who said China will implement measures to ease the impact of the trade war. China separately released a list of items approved for tariff exemptions that did not include corn, soybeans and pork, as some had expected.
Source : Bloomberg
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...