Gold Prices Fall After Fed Meeting, Still Above $1,500 Level
Thursday, 19 September 2019 13:09 WIB | PRECIOUS METALS |GOLDEMAS

Gold prices were down on Thursday in Asia following the conclusion of the U.S. Federal Reserve's two-day monetary policy meeting.

Gold Futures for December delivery traded 0.9% lower at 1,501.55 per ounce on the Comex division of the New York Mercantile Exchange by 12:30 AM ET (04:30 GMT).

The move came after the Federal Reserve delivered an expected rate cut overnight. It was the second rate cut for 2019, trimming rates by 25 basis points.

Despite the cut, U.S. President Donald Trump tweeted that the Fed had failed and not gone far enough in cutting interest rates, expressing concerns that the ongoing trade war with China and slowing global economic growth will continue to impact the U.S. economy.

Source : Investing.com

RELATED NEWS

Gold futures log highest finish since September 2011
Wednesday, 8 July 2020 01:13 WIB

Gold futures marked their highest finish in nearly nine years, after climbing to nearly $1,810 an ounce during Tuesday's session. Prices had seen a "routine downside correction following recent gains" in early Tuesday action, that was "once again seen as a value-buying opportunity in the yellow met...

Gold Retreats from Multi-Year Peak as Dollar Rebounds
Tuesday, 7 July 2020 19:13 WIB

Gold fell on Tuesday in the face of competition from safe haven inflows into the dollar as COVID-19 cases increased globally and investors booked profits following bullion's rally to a near eight-year peak. Spot gold fell 0.4% to $1,776.43 per ounce. It earlier touched a high of $1,786.91, $2.05 sh...

Gold Edges Lower in Tight Range as Dollar Rises
Tuesday, 7 July 2020 16:35 WIB

Gold slipped Tuesday as the dollar advanced, but remains trapped in this month™s narrow trading range near its highest since 2012. While a slew of economic reports since last week added to risk-on sentiment, the resurgence in coronavirus cases from Australia to the Americas limited...

Gold Holds Gain Amid Virus Resurgence, Weaker Dollar
Tuesday, 7 July 2020 13:25 WIB

Gold held near the highest level in more than seven years on demand for haven assets amid the resurgence in coronavirus cases in some parts of the world, while the dollar steadied after falling for five days. Spot gold little changed at $1,785.11/oz at 12:26pm in Singapore; +0.5% on Monda...

Gold Holds Gain Amid Virus Resurgence, Weaker Dollar
Tuesday, 7 July 2020 08:35 WIB

Gold held near the highest level in more than seven years on demand for haven assets amid the resurgence in coronavirus cases in some parts of the world, while the U.S. dollar slipped. The pace of new infections in Tokyo, Iran and elsewhere is raising concerns about a fresh wave. Aus...

ANOTHER NEWS
Gold futures log highest finish since September 2011
Wednesday, 8 July 2020 01:13 WIB Gold futures marked their highest finish in nearly nine years, after climbing to nearly $1,810 an ounce during Tuesday's session. Prices had seen a "routine downside correction following recent gains" in early Tuesday action, that was "once again...

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.