Gold Holds Gains Near $1,500 Ahead of Fed Meeting
Tuesday, 17 September 2019 17:34 WIB | PRECIOUS METALS |GOLDEMAS Spot EmasSILVER

Spot gold clung to Monday's gains, holding close to $1,500 an ounce as investors await critical policy decisions from central banks including the Federal Reserve.

Gold rallied at the start of the week as the strike on Saudi Arabia's crude production fanned demand for havens. Still, prices are drifting close to the 50-day moving average and a breach of that technical level would be a bearish signal for some traders.

The Fed is widely expected to lower interest rates at Sept. 17-18 meeting; Chairman Jerome Powell holds a post-decision press conference Wednesday.

Policy decisions from central banks of Japan, Indonesia and England are due Thursday.

Spot gold +0.1% to $1,499.50/oz at 10:46am in London after gaining 0.7% Monday. Spot platinum falls for third consecutive day. Spot silver steady at $17.8419/oz.

Source : Bloomberg

RELATED NEWS

Gold Scores a Bounce After Cooler-Than-Expected Retail Sales Report
Wednesday, 16 October 2019 20:58 WIB

Gold prices were climbing on Wednesday as investors watched global political news surrounding trade, Brexit and reacted to a weaker-than-expected reading of U.S. retail sales, which spurred some haven buying. A report of the retail sales fell 0.3% last month, the government said Thursday, ending a ...

Gold Holds Near Two-Week Low as Risk, Growth in Focus
Wednesday, 16 October 2019 15:24 WIB

Gold held near the lowest close in two weeks as investors weighed a revival in U.S.-China tensions and prospects for slower global growth against stronger-than-expected U.S. corporate earnings. Spot gold little changed at $1,481.71/oz at 7:46am in London after -0.8% Tuesday. Bloomberg Dol...

Gold Rises From Two-Week Low as Risk, Growth in Focus
Wednesday, 16 October 2019 12:47 WIB

Gold climbed from the lowest close in two weeks as investors weighed a revival in U.S.-China tensions and prospects for slower global growth against stronger-than-expected U.S. corporate earnings. China threatened to retaliate if the U.S. Congress follows through with legislation tha...

Gold edges higher as Brexit uncertainty spurs safe-haven bid
Wednesday, 16 October 2019 08:48 WIB

Gold prices edged higher on Wednesday after shedding nearly 1% in the previous session, as it remained unclear if Britain could avoid postponing its departure from the EU beyond Oct. 31. Spot gold was up 0.2% at $1,484.49 per ounce as of 01:30 GMT. U.S. gold futures were 0.3% higher at $1,488.10 pe...

Gold Posts Lowest Close So Far This Month as Investors Weigh Trade Deal, Earnings Season
Wednesday, 16 October 2019 03:44 WIB

Gold prices declined on Tuesday to mark their lowest settlement month to date, as investors awaited clarity on U.S.-China trade talks and as earnings season starts on a positive note. Gold for December delivery on Comex fell $14.10, or 10.9%, to settle at $1,483.50 an ounce, with prices for the mos...

ANOTHER NEWS
Stocks Turn Mixed Midday Despite Lingering Worries on China Relations, Weak Retail Sales
Wednesday, 16 October 2019 23:52 WIB Stocks were little changed midsession Wednesday, as tensions between the U.S. and China over Hong Kong protests weighed on efforts to complete a trade deal, and after a weak retail sales report offset better-than-expected corporate earnings...

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.